Construction & Real Estate
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27
Yielding Real Estate
RANK
Aspen Group Ltd.
A
spen Group Ltd. specializes in high
yield real estate in Israel Germany,
the Netherlands and Switzerland. The
company owns 300 photovoltaic installations.
The company through its Subsidiary is mainly
involved in acquiring, leasing, improving, selling
and managing income-producing properties for
industry, business, commerce, offices and logistics.
The Group is managed by Tamir Polikar CPA.
Experience and Expertise
The Group’s exceptional reputation was created
over more than 30 years of professional works and
dedication. The Group owns 368 thousand square
meters of quality income producing assets leased
tomore than 270 tenants in Germany, Holand and
Switzerland.
Aspen Group Ltd.
The Aspen Group shares are traded on the Tel-Aviv
Stock Exchange (TASE).
The firm has a balance sheet of about NIS 2.5 bil-
lion and equity (includingminority rights) of about
NIS 500 million. The company’s 2015 revenue
amounted to about NIS 192 million. The com-
pany’s bonds are rated as A3 by Midroog Ltd., a
Subsidiary of Moody’s.
Strategy, Values and Vision
Aspen Group strives to continue to consolidate as
a leading income-producing real estate company,
to add shareholders’ value. The Group’s strategy
is to acquire income-producing assets with high
profit and cash flow potential in Israel and abroad
while spreading risks, supervising investments
andmaintaining high yields. The company is also
committed to several basic values that guide its
work and conduct in its activities.
Professionalism:
The Group aims to maintain
a high level of professionalism with a compre-
hensive viewpoint and overall management
responsibility.
Integrity:
The Group is committed to maintaining
full integrity to tenants and its overall business
conduct.
Cooperation: The power of the Group stems in
part from the way that it shares the know-how
and experience gained by its managers and
employees.
Contribution to the Community:
As part of its
strategic approach, Aspen Group believes that it
is possible tomanage economic and business ac-
tivities while contributing to the environment. By
identifying green investment options and original
developments, long-term planning and checking
implementation in the field, Aspen Group is able
to combine economic feasibility with social re-
sponsibility and believes in ecological economic
policies, which responsibly combine needs for the
present and future.
Solar Energy
Aspen Group also operates in green energy and
invests in solar energy electricity production
while being attentive to global trends of growing
awareness of protecting the planet and ensuring
its existence for future generations. Together with
its subsidiary Aspen Solar, it has developed and
acquiredmore than 300 operational solar facilities
in Israel with current total capacity of 14 MW.
Income Producing Property in Israel
Investments in Israel – among the main assets:
Rosh Ha’ayin:
Offices
Nahariya:
Commercial and Offices
Petach Tikva:
Offices and Logistics
Upper Nazareth:
Industry and Offices
Ashkelon:
Hutzot Mall
Migdal HaEmek:
Lev HaEmek Mall
Kfar Saba:
Offices
International Activities
Aspen Group’s engine of growth is the acquisi-
tion of income producing properties in The Nether-
lands, Germany and Switzerland. Aspen operates
overseas through Subsidiaries Company’s focus-
ing on breeding potential assets.
Main Assets:
Dusseldorf -
Office Building leased to Deutsche
Telekom.
Munich -
Office Building leased to Escada.
Stuttgart -
Office Building leased to the state of
Baden Wurttemberg.
Amsterdam -
Office Building: leased to Atradius.
Zwolle -
Logistic center leased to Office Depot.
Almelo -
Logistic center leased to Timberland.
Delft -
Office Building leased to Kawasaki.
Hoopdorp -
Office building currently leased to
Kawasaki.
Ownership Structure
The Group Controling shareholder Rony Zarom
who via ZaromHolding Ltd. holds about 52%stake
of Aspen Group Ltd. other shareholders include
institutional shareholders such as the Bereshit
Fund, Meitav Dash Holdings, MenorahMivtachim,
Excellence Investments, as well as the public.
2 Hashlosha St., Tel Aviv 6706054
Tel:
972-3-5652222
Fax:
972-3-5652225
info@aspen.co.il www.aspen.co.ilEsta b l i s h e d
1978
L i n e o f B u s i n ess
Acquisition, Leasing, Improving, Selling
and Management of Income-Producing
Assets for Industry, Business, Commerce,
and Offices
Guy Pereg
Chairman of the Board *
Pa r e n t Co m pa n y
Aspen Group Ltd.
* See Top Executives Profiles - Page 582