Mitch Goldhar's Real Estate Holdings Valued at $12.1 Billion
Translated & summarized from N12 by baba
Mitch Goldhar, owner of Maccabi Tel Aviv, has his real estate fund SmartCentres REIT valued at $12.1 billion. Analysts see a strong investment opportunity with potential to double capital in ten years. His personal net worth is estimated at $2.8 billion, ranking him among the world's wealthiest.
The story in 6 lines · by baba
- Mitch Goldhar's SmartCentres REIT owns 200 properties valued at $12.1 billion.
- Analysts suggest Goldhar's fund could double investments within a decade.
- The fund currently offers a 7.1% monthly yield due to market factors.
- SmartCentres REIT has a 98.1% occupancy rate with major tenants like Walmart.
- Goldhar's personal net worth is estimated at $2.8 billion.
- He has owned Maccabi Tel Aviv since 2009.
Mitch Goldhar, the Canadian owner of the Maccabi Tel Aviv football club, has seen his real estate investment fund, SmartCentres REIT, analyzed by U.S. experts. The fund, which owns dozens of shopping centers and real estate complexes, is currently yielding 7.1% monthly due to market pressures like interest rates. Analysts view this as a significant investment opportunity, projecting that the fund could double initial investments within a decade.
SmartCentres REIT boasts a portfolio of over 200 properties valued at approximately $12.1 billion. The company specializes in shopping centers with a high occupancy rate of 98.1%, featuring major tenants such as Walmart and Costco. Goldhar, 64, acquired Maccabi Tel Aviv in 2009, transforming the club into a successful European contender.
Forbes reported in March that Goldhar's net worth is estimated at $2.8 billion, up from $2.7 billion last year, ranking him 1477th among the world's wealthiest individuals. The majority of his wealth is tied to real estate and malls, as well as his private investment company, Penguin Investments.
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