SYMBOL: AURA
Last Price: ₪14.36
Change:: 1.34%
Last Update: 25-04-2024 13:24

The foremost and largest company in Israel specializing in urban renewal and the construction of residential neighborhoods

112 Million ₪
Net Profit, 31 December 2023
41.4%
Equity to CAP, Net
882 Million ₪
Equity attributable to the company
3.4 Billion ₪

Gross profit recognized on 15 projects in construction and marketing, and 9 projects to be launched this year

252 Apartments Sold

Approximately ILS 1,040 Million (including VAT) in apartment sales for 2023

76,000 Square Meters
Commercial spaces, offices, and rental apartments under construction
* All data is correct as of 31.12.2023

strategic partners

Aura Facing the Future

2023

Dividend distribution every six months, up to 25% of net profit. Inventory of 50,000 apartments by the end of the year

2024

Rating A – an upgrade of the company’s ratings and bonds in the cycle with a gross profit margin of at least 20% of annual profit of at least ILS 250 million starting in 2023

2025

Sale of 1,000 apartments annually.  70,000
apartments in stock until the end of the year

2027

Anticipated future NOI (Net Operating Income) of approximately ILS 70 million.

Yaakov Atrakchi: “The Future Lies in Urban Renewal and the Construction of Entire Residential Neighborhoods”

The age of the National Outline Plan must come to an end, the notion of the “recalcitrant tenant” is out-of-place, and the avenue for change lies in interlinking projects between the central regions and the periphery. As we approach the upcoming year: Aura Israel’s CEO focuses on thoughtful urban renewal.

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