Inactive Instrument

Ari Real Estate (Arena) Investment Ltd Stock TEL AVIV STOCK EXCHANGE

Equities

ARIN

IL0003660136

Real Estate Development & Operations

Sales 2022 161M 42.9M Sales 2023 114M 30.39M Capitalization 810M 216M
Net income 2022 -10M -2.66M Net income 2023 33M 8.79M EV / Sales 2022 9.71 x
Net Debt 2022 680M 181M Net Debt 2023 753M 201M EV / Sales 2023 13.7 x
P/E ratio 2022
-64.5 x
P/E ratio 2023
23.8 x
Employees -
Yield 2022 *
-
Yield 2023
1.41%
Free-Float 30.31%
More Fundamentals * Assessed data
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Ari Real Estate Investment Ltd Reports Earnings Results for the Full Year Ended December 31, 2023 CI
Ari Real Estate Investment Ltd announces an Equity Buyback for ILS 22.5 million worth of its shares. CI
Ari Real Estate Investment Ltd authorizes a Buyback Plan. CI
Ari Real Estate Investment Ltd's Equity Buyback announced on August 16, 2023, has expired. CI
Ari Real Estate Investment Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023 CI
Ari Real Estate Investment Ltd announces an Equity Buyback for ILS 11.35 million worth of its shares. CI
Ari Real Estate Investment Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023 CI
Ari Real Estate Investment Ltd authorizes a Buyback Plan. CI
Ari Real Estate Investment Ltd's Equity Buyback announced on February 7, 2023 has expired. CI
Ari Real Estate Investment Ltd Reports Earnings Results for the First Quarter Ended March 31, 2023 CI
Ari Real Estate Investment Ltd Reports Earnings Results for the Full Year Ended December 31, 2022 CI
Asian Service Trade Control Rte. Ltd. cancelled the acquisition of Star Center Manofim Ashdod Ltd. And S.L.S. Sails Ltd. from Arena Star Group Ltd.. CI
A third party completed the acquisition of Arena Herzliya Mall from Arena Star Group Ltd.. CI
Asian Service Trade Control Rte. Ltd. entered into a letter of intent to acquire Star Center Manofim Ashdod Ltd. And S.L.S. Sails Ltd. from Arena Star Group Ltd. for ILS 790 million. CI
A third party signed a preliminary agreement to acquire Arena Herzliya Mall from Arena Star Group Ltd. for approximately ILS 340 million. CI
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Managers TitleAgeSince
Chief Executive Officer 48 21-02-24
Director of Finance/CFO 36 21-06-02
Comptroller/Controller/Auditor 47 21-06-02
Members of the board TitleAgeSince
Director/Board Member 65 19-06-12
Director/Board Member 61 22-09-27
Chairman 64 21-02-24
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Arena Star Group Ltd, formerly Financial Levers Ltd., is an Israeli real estate company. The Company owns yielding properties in Israel, the United States and Kazakhstan. In Israel, the Company owns Arena Mall in Herzlia, with a footprint of 98,000 square meters and 28,419 square meters of rentable space on two floors; in Naharia, two adjacent lots, with approximately 24,000 square meters of land in a commercial zone; in Ashdod, a building with 994 square meters built construction, with rights and plans for 17 floors with 68 residential units, and a 9,000 square-meter lot with on going construction for 10,000 square meters of office space in 10 floors; in Eilat, six adjacent properties with total of 13,000 square meters, and in Tel-Aviv, Olimpia Hotel. In the United States, the Company owns holdings in the Lipstick building in Manhattan, and holdings in 150,000 square meters of office space. In Kazakhstan, the Company owns 580,000 square meters in Astana.
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