“Increasing Participation in Rent-to-Own Apartment Tenders”: Reysdoor Company Won a Tender in Lod for 72 Million Shekels

The Reisdor Group, owned and managed by entrepreneur Yaki Reisner, continues its momentum and marks a significant milestone: the completion of its first public bond issuance, totaling 194 million NIS. With the completion of the offering, Reisdor became a publicly traded company on the Tel Aviv Stock Exchange. The offering was highly successful, with an oversubscription of approximately 440 million NIS – more than 2.5 times the planned fundraising amount. The interest rate set for the bond series (Series A) is 6.35% per year, and repayment will be made in four installments between 2027 and 2030.

The move was carried out without any encumbrances, indicating the high level of trust that the financial community has in Reisdor, in its financial strength, and in its management capabilities. The funds raised will be used to expand the company’s activities – both in existing projects and in new initiatives in the fields of housing, urban renewal, commerce, and office spaces.

Yaki Reisner, chairman and owner of Reisdor, said after the offering: “We are pleased with the completion of the bond raising and the transformation of Reisdor into a public company on the Tel Aviv Stock Exchange. This is a significant milestone in the company’s operations, reflecting the confidence placed in the company’s management and employees, in our capabilities, and in our plans for continued growth. The move to the capital market is carried out from a position of strength, after years of initiating, developing, and selling numerous projects across the country, and provides a foundation for expanding our activities while maintaining financial stability.”

Reisdor was founded in 2005, and in recent years has established itself as one of the growing and influential companies in the real estate sector in Israel. The company is active in residential, office, and commercial projects, holds income-generating real estate assets, and is currently constructing approximately 6,800 housing units and about 162,000 square meters of office and commercial space across 22 sites nationwide.

The offering was led by the underwriting company ‘Phoenix Underwriters’, and legal counsel was provided by the firm Shimonov & Co.