Construction & Real Estate
187
2016
|
DUN’S
100
DUN’S
100
|
2015
DUN’S
100
|
2016
2016
|
DUN’S
100
Yielding Real Estate
Amot Investments Ltd.
A
mot Investments Ltd. is a public com-
pany, is the investment arm in Israel of
Alony- Hetz Properties & Investments
Ltd., and is a leader in the management, leas-
ing, maintenance, and development of income
generating properties in Israel.
In May 2006, Amot went public in a public offer-
ing on the Tel Aviv Stock Exchange. By March 31,
2016, Amot had raised approximately NIS5 billion
in stocks, bonds and options. Amot owns 100 prop-
erties leased to 1,615 tenants, covering 1.2million
squaremeters, including 425 thousand squareme-
ters of parking spaces. Amot’s properties include
office and hi-tech towers, shopping malls, com-
mercial centers, supermarkets, industrial parks,
logistic centers and central bus stations. In total,
Amot owns properties valued at NIS 9 billion. The
occupancy rate for its properties is 97% and most
of its properties are located in major city centers
and in high-demand areas.
In 2015, the Company reported NOI of NIS 512
million, FFO of about NIS323million and net profit
of NIS410million. As of December 31, 2015 share-
holders’ equity totaled NIS3.3 billion, constituting
36% of its balance sheet. Amot held NIS 6 billion
of unpledged properties. The company’s leverage
rate is 52%and the debt’s average duration is 4.03
years. Amot is estimated to end 2016 with NOI
between NIS565-575million, real FFO of 356-368
and FFO of 124-131 agorot per stock.
Business Strategy and Prime Real Estate
Amot stresses the expansion of its operations
in Israeli income-generating real estate, through
the acquisition, promotion and development of
properties. With the company’s prominent real
estate you can account: Atrium tower ramat gan,
Amot investments tower, Beit Amot Mishpat, Beit
Amot Bituach, all in Tel Aviv, Pelephone House in
Givatayim, Amot PlatinumTower in Petah Tikva, HP
Office complex in Yehud, Arim Mall in Kfar Saba,
Kiryat Ono Mall, Orot Mall in Or Akiva and Jerusa-
lem’s Central Bus Station.
Development Projects
Ramat Gan’s Atrium Tower is located on about
57 thousand square meters of prime real estate
at the heart of Ramat Gan City Business Center.
90% of the tower has already been leased and
its estimated NOI in full occupancy is over NIS 80
million. The company also completed the construc-
tion of Amot Parktech office complex in Beit Dagan,
which includes 10 thousand square meters, fully
occupied by Egged transportation cooperative in
2015. The Fatal chain hotel in Amot Bituach Com-
plex is at its final conversion stages, on its way to
become a business hotel, which is 9.2 thousand
square meters.
Tozeret Haaretz Project in Tel Aviv, in association
with Gav-Yam, in a 17 thousands sq.m. complex,
its building permits include 53 thousand square
meters and 950 parking spaces. Its underground
parking lot constructions are ongoing, and will
soon include the erection of an upper tower, sched-
uled to be completed by the middle of 2018. In
addition, the companies are currently operating
to submit Urban Building Scheme to the county for
an added 130 thousand square meters and 2000
parking spaces.
The Company has land reserves for future develop-
ment, on which it is gradually working on projects,
depending on a constant analysis of the market
situation and the demand. Amot is also working
on plans for the construction and improvement of
other sites and properties.
Shopping Malls, Commercial Centers and
Supermarkets
Amot owns 11 successful shopping malls and
commercial centers. The Company also owns 36
supermarket properties, located for the most part
in Israel’s center.
Wise Investments in Successful Projects
Amot owns large office towers, leased to profes-
sionals, trade and hi tech companies, with 68%of
the value of its properties located in Israel’s center.
Amot also holds nine industrial parks.
Financial Robustness and a Sterling Reputation
Amot believes that the important ingredients for in-
come generating real estate success are know-how
and experience in the marketing, management,
operation and betterment of properties, a prompt
and genuine response to tenant requirements, a
geographic distribution of investment risks for di-
verse uses, financial robustness, complete trans-
parency in conduct with the capital markets and the
public, and the ability to identify and consummate
business opportunities.
7 Jabotinsky St., Moshe Aviv Tower,
Ramat Gan 5252007
Tel:
972-3-5760500
Fax:
972-3-5760501
amot@amot.co.il www.amot.co.ilEsta b l i s h e d
1964
L i n e o f B u s i n ess
Income Yielding Real Estate
Investments
Avshalom Mousler
CEO *
Nathan Hetz
Chairman of the Board *
Pa r e n t Co m pa n y
Alony-Hetz Properties and
Investments Ltd.
Tozeret Ha’aretz, Tel-Aviv
AtriumTower, Ramat Gan
Amot Tower, Tel-Aviv
* See Top Executives Profiles - Page 582