Melisron Ltd. is considering raising at least ILS 530 million in debt to refinance the loan taken to build and open the mall. Melisron owns half the rights to the mall through British Israel Investments Ltd., while the other half is owned by developer Eli Lahav. The mall's construction was mainly financed with credit from Bank Leumi and Harel Insurance Investments and Financial Services Ltd. With the construction completed, Melisron and Lahav are seeking to reschedule the debt over a longer period.

Last week, British Israel announced that its joint venture with Lahav, MLA Hanegev Development and Investments Ltd., was considering refinancing.