Economy06:34 · Jun 30
Migdal Acquires 20% Stake in Ashtrom's Rental Housing Business Valued at NIS 2.26 Billion
Calcalist
Translated & summarized from Calcalist by baba
The story · English
Migdal Insurance and Financial Holdings has purchased a 20% stake in Ashtrom's residential rental housing operations. The transaction values Ashtrom's rental housing business at approximately 2.26 billion shekels. This acquisition reflects Migdal's strategic investment in the growing rental housing market in Israel. The deal was reported on June 30, 2026, highlighting the expanding interest in residential rental assets by major financial institutions.
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