Azrieli Group
Real Estate · 201-500 Employees
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Overview
Phone Number
+972 36081300Website
www.azrieli.comRevenue
$605.7 MillionIndustry
ZI Rank: 2
Signal Type
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ZI Rank
4
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2
About Azrieli Group
Azrieli Group is an Israeli real estate and holding company named after its founder David Azrieli. The company is engaged mainly in the development and management of shopping malls and office buildings in Israel. The company is the largest shopping malls company in Israel and manages 13 shopping malls with about 720,000 square metres. Azrieli Group is listed on the Tel Aviv Stock Exchange and is included in the TA-25 and the Real-Estate 15 indices.Explore more
Azrieli Group Org Chart
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Activity Insights
Azrieli Group is experiencing very low activity levels compared to other companies in the Real Estate sector.
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Azrieli Group is drawing exceptional interest within the Real Estate industry, suggesting notable developments or strong market momentum, learn more about Azrieli Group.
Azrieli Group Tech Stack
A closer look at the technologies used by Azrieli Group
Most Recent Scoops
Layoffs
Project
Consolidation, eCommerce, Website, Layoffs
Left Company
Executive Move
Azrieli Group has announced that Noam Melnik, Business Development Manager and CEO, has left the organization to join Adika as Chief Executive Officer.
Mergers & Acquisitions (M&A)
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Azrieli Group News & Media
Closure of Azrieli.com may herald fall of other Israeli e-commerce sites | Ctech
A loss of NIS 313 million ($85.7 million) has caused the Azrieli Group to close Azrieli.com. Due to a lack of experience in logistics and a conflict of interest with retailers, the real estate group's online site had no real chance of survivalAzrieli Group closing shopping site Azrieli.com, laying off dozens of employees | Ctech
Six years after it went live, the Azrieli Group is closing down its e-commerce site, which had difficulty reaching profitability. Azrieli.com amounted a loss of around $90 million over the yearsBrookfield Infrastructure and Ontario Teachers’ to Acquire Compass Datacenters from RedBird Capital Partners and Azrieli Group
DALLAS, June 20, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. and its institutional partners (“Brookfield Infrastructure”) (NYSE: BIP; TSX: BIP.UN) and existing investor Ontario Teachers’ Pension Plan (“Ontario Teachers’”) today announced that they have entered into a definitive agreement with RedBird Capital Partners (“RedBird”) and the Azrieli Group (“Azrieli”) (TASE: AZRG) through which Brookfield Infrastructure and Ontario Teachers’ will acquire Compass Datacenters, LLC (Azrieli Group Releases Q1/2023 Results
NOI in Q1 is up 15% year-over-year, totaling some NIS 525 million
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Frequently Asked Questions Regarding Azrieli Group
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Azrieli Group is an Israeli real estate and holding company named after its founder David Azrieli. The company is engaged mainly in the development and management of shopping malls and office buildings in Israel. The company is the largest shopping malls company in Israel and manages 13 shopping malls with about 720,000 square metres. Azrieli Group... Read More
