Migdal has acquired 14% of the company Guy and Doron Levy, a private real estate firm, for 325 million shekels, giving the company a value of 2.3 billion shekels. Guy and Doron Levy, owned by brothers Doron and Guy Levy, specializes in the development and execution of residential and income-generating real estate projects, having built approximately 10,000 housing units to date. The deal also includes the allocation of options to Migdal, representing about 4% of the company's issued capital. Migdal is not stopping here, as it has also acquired 20% of the rights in Ashtrum residential for rent, in a deal estimated at 451 million shekels, as well as a stake from the Gindi family in the Kanyon HaZahav in Rishon Lezion, in a deal worth 840 million shekels. Guy and Doron Levy is considering an IPO on the Tel Aviv Stock Exchange, and the deal with Migdal fits into the trend of private real estate companies seeking institutional partners ahead of capital raising. This move indicates a desire to prepare for changes in the real estate market in an era of high interest rates.