Almogim Holdings Ltd

ALMATASEIL0011368292₪468M

Investment Thesis

Generates revenue primarily from developing and selling residential apartments, including urban renewal projects. Supplementary revenue comes from construction work/services and rental income from investment properties.

Geographic Exposure

IsraelN/A

SerbiaN/A

CroatiaN/A

Revenue Drivers

Residential apartment sales

development and sale of residential units, including urban renewal projects

CORE93.5%

Building construction contracting

construction of buildings under contract arrangements

PERIPHERAL5%

Construction services to landowners

construction services provided in landowner combination transactions

PERIPHERAL0.9%

Commercial unit rentals

leasing income from investment property units

PERIPHERAL0.5%

End Markets

Homebuyers (free-market and subsidized programs)
First-time homebuyers/eligible buyers (government discount programs)
Landowners in land-for-construction transactions
Commercial and office tenants
Real estate joint-venture partners

Specializations

Urban renewal (evacuation-and-rebuild)TAMA 38 and Amendment 139 frameworksGovernment discounted housing programsClosed-project bank accompaniment financingISO 45001 occupational health and safetyConstruction safety audits and hazard scanning (safety stars program)+1 more

Activities

Land acquisition and rights management
Real estate development, planning and permitting
Project execution oversight via contractors
Marketing and sales of apartments
Leasing and operation of investment properties