Azrieli Group Ltd. (AZRGF)
- GlobeNewswire
Azrieli Group Reports Q2/2024 Results
NOI (excluding Compass, which was sold) in Q2 is up around 5% year-over-year totaling some NIS 553 million Total FFO is up around 17% year-over-year totaling a record NIS 419 million; FFO in Q2 excluding senior housing is up around 11% year-over-year totaling some NIS 379 million TEL AVIV, Israel, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Eyal Henkin, CEO of Azrieli Group: “We are concluding another good quarter for the Group with continued growth in the same-property NOI and record double-digit quarter
- GlobeNewswire
Azrieli Group Reports Q4/2023 and Y2023 Results
For the first time, the annual NOI and net profit have crossed the NIS 2 billion mark In Y2023, NOI was up some 8%, totaling around NIS 2,113 million; net of a one-time expense for the relief given to tenants, NOI would have been NIS 2,148 million – up 10% FFO in Y2023 was up some 7% totaling around NIS 1,461 million; FFO (excluding senior housing) in Y2023 was up some 7% totaling around NIS 1,358 million Following the closing of the transaction for the sale of Compass, the Group increased the p
- GlobeNewswire
Azrieli Group Reports Q3/2023 Results
Same Property NOI in Q3 is up around 6% FFO (excluding senior housing) in Q3 is up around 14% totaling some NIS 367 million; total FFO is up around 21% totaling some NIS 398 million After the report date, the Company closed the transaction for the sale of its holdings in Compass for gross consideration of approx. NIS 3.2 billion. Net cash flow (after a provision for tax and transaction expenses) is approx. NIS 2.7 billion and the accounting profit is expected to be around NIS 0.9 billion Financi
