Record NOI Growth
Achieved a record Net Operating Income (NOI) with a double-digit increase of 12% year-over-year, driven mainly by the data center segment and strong mall segment performance.
High Occupancy in Malls and Senior Housing
Mall segment occupancy rates remained extremely high at 99%, with impressive recovery in store sales rising 4% compared to 2024. Senior housing projects are also experiencing high occupancy with 99% in existing homes.
Data Center Segment Expansion
Data center operations contributed significantly with an almost 100% increase in NOI from the previous year, driven by the TikTok deal. Continued expansion in Germany and other regions.
Strategic Investments
Invested approximately NIS 650 million in Q3 and NIS 2.5 billion in the first nine months of 2025 across various projects including the Spiral Tower and data centers in the UK, Germany, and Norway.
Successful Lease-Up in Sarona Tower
Leased around 80% of the vacated space by Meta at higher prices, primarily to high-tech companies, demonstrating strong demand.
Promising Developments in Senior Housing
Anticipation of significant increase in FFO with the opening of the fifth senior home in Rishon LeZion in December 2025.