Land Development of Nimrodi Group Ltd.

ILDCTASEIL0006120104₪1.6B

Investment Thesis

Revenue comes from leasing and managing commercial, office, industrial and logistics properties and from developing and selling apartments, with a smaller outdoor advertising business. Fair-value gains on the investment property portfolio contribute materially to results alongside rental income.

Geographic Exposure

Poland63.44%

Israel36.56%

GermanyN/A

AustriaN/A

RomaniaN/A

CanadaN/A

United StatesN/A

Revenue Drivers

Income-producing property leasing and management

Develops, leases and manages commercial, office, industrial and logistics properties.

CORE65.2%

Residential development and apartment sales

Initiates, executes and sells residential projects, largely through urban renewal schemes.

CORE32.24%

Outdoor advertising

Operates outdoor signage sites sold as advertising space.

PERIPHERAL2.56%

End Markets

Retail and commercial tenants
Office tenants
Logistics and industrial tenants
Apartment buyers
Advertisers

Specializations

Urban renewal residential projectsLogistics park development and leasingPre-leasing of logistics space under constructionOffice campus and tower developmentMixed commercial and office complexesDevelopment through limited partnerships with co-investors

Activities

Property development and initiation
Leasing and property management
Residential project execution and sales
Land acquisition for future development
Outdoor advertising operation