Israel Canada (T.R) Ltd

ISCNTASEIL0004340191₪4.8B

Investment Thesis

Earns revenue by operating and managing hotels, developing and selling apartments and office space, acquiring and reselling land, and leasing an income-producing property portfolio. Fair-value gains on investment property and profits from equity-accounted development projects also contribute materially to reported results.

Geographic Exposure

IsraelN/A

RussiaN/A

GreeceN/A

PolandN/A

Revenue Drivers

Hotel operation and management

Operating and managing hotels under owned brands, with food, beverage and leisure facilities

CORE44.4%

Residential and office project development

Developing and selling apartments and office space, plus construction services for others

SIGNIFICANT24.9%

Land acquisition and resale

Buying land plots and development rights and reselling them to developers and investors

SIGNIFICANT15.1%

Income-producing property leasing

Leasing office, commercial, logistics and residential space, with property management services

SIGNIFICANT12.7%

Project marketing, brokerage and management services

Marketing and brokering projects and managing purchase groups for fees

PERIPHERAL2.2%

End Markets

Apartment and office buyers
Office, commercial and logistics tenants
Residential and student tenants
Hotel guests
Land and property investors
Senior housing residents

Specializations

Urban renewal, pinui-binui and TAMA 38 projectsCombination transactions with landownersIsrael Land Authority and municipal land tendersOpportunistic land banking before a use decision is takenOwned hotel brands, booking system and customer loyalty clubHotel lease and management agreements+2 more

Activities

Land acquisition and assembly
Residential and commercial property development
Project marketing and sales
Leasing and property management
Hotel operation and management