Mishorim Development Ltd. is an Israeli company that was founded by Gil Blutrich in 1990. The current owner is
Alex Shnaider
Alexander Yevseyevich Shnaider (; ; born 3 August 1968) is a Soviet-born Canadian entrepreneur and former commodities trader. He co-founded the Midland Group with Eduard Shifrin.
Early life
Shnaider moved with his family to Israel when he w ...
. It is a public company traded at the
Tel Aviv Stock Exchange
The Tel Aviv Stock Exchange (TASE; ), colloquially known as The Bursa, is the only public stock exchange in Israel and a public company itself, listed on its own exchange since August 1, 2019. It is regulated by the ''Securities Law (1968)'' a ...
(
ticker symbol
A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded Share (finance), shares of a particular stock or Security (finance), security on a particular stock exchange. Ticker symbols are arrangements of symbols ...
: MSHR) as of 2021. The company owns many historic sites and buildings in various countries, such as the town of
Port McNicoll,
Horseshoe Resort
Horseshoe Valley Resort, formerly Horseshoe Valley Ski Club, is an Ontario ski resort and four season vacation destination. Located north of Barrie, the resort is 110 km north of Toronto. The resort enjoys a long ski season due to snowmaking abi ...
,
King Edward Hotel
The OMNI King Edward Hotel, also known as the "King Eddy", is a historic luxury hotel in Downtown Toronto, Ontario, Canada. The hotel is located at 37 King Street East, and it occupies the entire block bounded by King Street on the north, Vic ...
, and Skyline Tower in Canada, as well as parts of the
SunTrust International Center
One Downtown is an office skyscraper in Downtown Miami, Florida, United States. Formerly known as SunTrust International Center, it is located in the heart of the Central Business District, on Southeast 1st Street near 3rd Avenue. It is one bloc ...
in
Miami
Miami is a East Coast of the United States, coastal city in the U.S. state of Florida and the county seat of Miami-Dade County, Florida, Miami-Dade County in South Florida. It is the core of the Miami metropolitan area, which, with a populat ...
, United States.
Overview
One of Mishorim's main focus areas is the US commercial sector, where it invests in a wide variety of properties in cities such as
Miami
Miami is a East Coast of the United States, coastal city in the U.S. state of Florida and the county seat of Miami-Dade County, Florida, Miami-Dade County in South Florida. It is the core of the Miami metropolitan area, which, with a populat ...
. In downtown Miami, Mishorim has proposed a mixed-used dual-tower project called Mishorim Towers.
Skyline International Development Inc. is the Canadian division of Mishorim.
Mishorim has also invested in proposed properties such as the
Sapphire Tower in
Toronto
Toronto ( , locally pronounced or ) is the List of the largest municipalities in Canada by population, most populous city in Canada. It is the capital city of the Provinces and territories of Canada, Canadian province of Ontario. With a p ...
, Canada. The INDX Tower ended up being built instead of the proposed Sapphire Tower. The 51-floor INDX Tower was completed in 2016, although it was not as high as the previously planned Sapphire Tower.
Mishorim also operates throughout Israel, where it manages various outdoor centers in suburban areas.
History
In 1990, Gil Blutrich founded Mishorim in Israel. On 30 December 2015,
Alex Shnaider
Alexander Yevseyevich Shnaider (; ; born 3 August 1968) is a Soviet-born Canadian entrepreneur and former commodities trader. He co-founded the Midland Group with Eduard Shifrin.
Early life
Shnaider moved with his family to Israel when he w ...
invested
NIS₪39 million in Mishorim Development Ltd., a real estate company controlled by developer Gil Blutrich. As of July 2016, he held 42% of the company. Shnaider is currently the sole holder of controlling interest when an Israeli court ruled in favor of him in August 2020, in a legal lawsuit filed by his past partner Gil Blutrich.
Mishorim owns
Skyline Investments, a publicly traded hotel operator, as of 2021. In October 2024, Mishorim Investments Ltd. acquired the Swiss startup ErekInvest Ltd. for an undisclosed amount, thereby expanding its business operations into Switzerland.
Skyline Investments
Skyline Investments is the Canadian division of Mishorim and is based in
Toronto
Toronto ( , locally pronounced or ) is the List of the largest municipalities in Canada by population, most populous city in Canada. It is the capital city of the Provinces and territories of Canada, Canadian province of Ontario. With a p ...
, Canada. It is currently a public company with the ticker symbol SKLN. Operating throughout Canada, Skyline focuses on real estate, hospitality, community development, and various other areas. In
Ontario
Ontario is the southernmost Provinces and territories of Canada, province of Canada. Located in Central Canada, Ontario is the Population of Canada by province and territory, country's most populous province. As of the 2021 Canadian census, it ...
, Skyline owns and manages Deerhurst Resort & Village in
Muskoka and Horseshoe Resort & Village.
In the 2010s, Skyline worked on rebuilding the
Port McNicoll site in
Ontario
Ontario is the southernmost Provinces and territories of Canada, province of Canada. Located in Central Canada, Ontario is the Population of Canada by province and territory, country's most populous province. As of the 2021 Canadian census, it ...
, Canada.
In 2011, Skyline International Developments Inc. (now Skyline Investments Inc.) bought the ''
SS Keewatin
SS ''Keewatin'' is a passenger liner which once travelled between Port Arthur/ Fort William (now Thunder Bay) on Lake Superior and Port McNicoll on Georgian Bay (Lake Huron) in Ontario, Canada. She carried passengers between these ports for t ...
'', Skyline Investments is also the owner of
Keewatin and surrounding development properties in Canada.
See also
*
Midland Group
The Midland Group is an international trading and investment holding company. Registered in Guernsey under the name Midland Resources Holding Ltd, the group owns a number of subsidiaries across the agriculture, manufacturing, real estate, shippin ...
*
Port McNicoll, Ontario
Port McNicoll is a community in the Canadian province of Ontario. It is located in the Simcoe County township of Tay.
Busy terminal
The community of Port McNicoll was established in 1908 as a Great Lakes port on the southern shores of Georgia ...
References
{{Reflist
Companies based in Tel Aviv
Real estate and property developers