This morning (Monday, September 4), Encore Properties management marked the TASE listing of the company’s bonds by taking part in the Opening Bell ceremony.
Encore Properties operates 23 properties in the US – Multi-Family Housing, Rental apartments and offices, Hotels and Commercial Properties.
In the last 4 years, 23 American real estate companies joined TASE and issued 38 bond series with current market cap of over 17 Billion Shekels. As a result of the raising number of American bond issuers, TASE launched last month a new index, Tel-Bond Global index, which includes shekel bonds of American companies traded on the TASE. The index consist 25 bond series with a total market cap of 14.6 billion shekels.