Starting with Israel’s first-ever enclosed mall, the Azrieli Group has continued to develop, build, acquire, lease-out and manage premier retail centers and shopping malls across Israel. Management services are provided either directly by the Group or through dedicated Group-owned management companies, at the highest international standard and with uncompromising professionalism.
In this area, we engage in the development, acquisition, leasing-out, management and maintenance of office towers and business centers. Many of the Group’s income-producing properties are multi-use projects which integrate retail space and offices. Our office towers are populated by leading local and global companies from a variety of business areas.
We develop, build, operate and manage top-tier senior homes for the elderly, featuring high-quality finishings and luxury services. The Group owns four senior homes designed for independent living, which also offer medical and assisted living facilities as part of the wide range of services available to residents.
The rapidly growing global demand for data storage has led to a surge in the data center industry. As part of our strategic efforts to enter areas of business synergetic to our income-producing property operations, we have invested in the industry through the North American company Compass and the Norwegian company Green Mountain.
The Azrieli Group has a remarkable pipeline of properties under development. With a large number of projects under construction or in advanced planning stages, the Company expects to virtually double its GLA, NOI, and FFO.
Our popular e-commerce website offers marketing and sales solutions for businesses seeking to sell their products online. We developed this platform as part of our omni-channel approach to customer engagement, which integrates both physical and digital commerce, out of a desire to provide the best response to customers’ needs.
Azrieli Group announces Q2 2022 results. Reports an increase in NOI of 18% and an increase in FFO of 11%