In principle, and that’s why I wonder why they aren’t trying. Of course, it might even further strengthen the minority’s position, as it reinforces the picture of the balance sheet’s role in valuation.
Then again, this is likely waiting for the sales of Trio, Myyrmanni, and Koskikeskus to go through, which was contingent on the listing of G City’s subsidiary, Noga.
(Update: Noga Retail Properties Ltd is expected to be listed on the Tel Aviv Stock Exchange (TASE) by the end of the year, and the transactions will be executed right after the IPO, so could there be a dividend on the table then?)