Generates revenue by letting retail space in a commercial centre to chain and independent retailers under long-term leases and by charging those tenants management and electricity fees.
Geographic Exposure
Israel100%
Revenue Drivers
Commercial property letting and operation
Leases and operates retail space in a commercial centre, charging rent and management fees
CORE100%
End Markets
Food retail and supermarket chains
Fashion and apparel chains
Pharmacy chains
Electrical goods and do-it-yourself retail chains
Cinema operators
Small independent businesses
Specializations
Open-format power centre retailingAnchor tenant strategy backed by long-term leasesConsumer price index linked rent agreementsTurnover-based variable rent componentsCinema complex integrated into the retail centreLand reserves zoned for agricultural use and currently inactive