Amot
Found 3 recent publications
Amot CEO: "There is a revival in the office market, but it is still difficult to close deals outside Tel Aviv"
Amot CEO Shimon Abudraham reports an increase in office market activity following the ceasefire, particularly in the Tel Aviv CBD, while noting that deals outside the city remain challenging. In the ToHa2 tower, contracts and advanced negotiations cover about 75% of the space. The company's NOI rose by 3%, and net profit climbed by 10% to 329 million shekels.
Amot lowers forecast following the war, but already sees recovery
Amot has lowered its 2026 forecast due to a slowdown in office leasing caused by the war with Iran. Despite this, management reports a recovery in demand since the end of hostilities and expects improved operational metrics next year.
Real estate giant Amot updates forecast: What is happening in the office market
Amot Investments has updated its annual forecast, maintaining levels comparable to 2025, and reports a recovery in the office market. CEO Shimon Abudraham highlighted rising demand, particularly in Tel Aviv's central business district.