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Article: D&B: Israel's top 5 real estate cos investment up 33 percent in 2006: The top 30 real estate companies posted $21.7 billion aggregate revenue in 2006.
- Article from:
- Globes
- Article date:
- May 20, 2007
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Byline: Dror Marmor
May 20--D&B Israel reports that Israel's top five real estate companies invested $12 billion in 2006, up 33 percent on their investment in 2005. The aggregate shareholders' equity of these five companies rose 63 percent in 2006 to $2.5 billion.
The five real estate companies that made the largest investments in 2006 were:
1. Gazit-Globe Ltd. (TASE: GLOB) -- $5.18 billion, up 17.3 percent on 2005;
2. Jerusalem Economic Corp. (TASE:ECJM) (JEC) -- $3.42 billion, up 40.3 percent on 2005;
3. Delek Real Estate Ltd. (TASE: DLKR) -- $1.26 billion, up 58.1 percent on 2005;
4. Alony Hetz Property and Investments Ltd. (TASE: ALHE) -- $1.05 ...