Archives: הודעות למשקיעים

Aura, the leading residential real estate company in Israel, reports strong results in 2023 and anticipates a significant increase in activity and profitability in 2024

Aura reports strong results for the first half of 2023: since the beginning of the year, 156 apartments were sold at an average price of ILS 34,281 per square meter, an approximate increase of 16% in sale prices, in comparison to ILS 29,500 per square meter in a corresponding period in the previous year

Additional vote of confidence in Aura: a significant investment agreement has been signed with Clal Insurance Ltd. by which Aura will allocate shares and options for shares in exchange for an immediate consideration of approximately ILS 49 million

Aura achieved remarkable success with the completion of early sales for dozens of residential units across two projects simultaneously

Major insurance company expresses confidence in Aura: to invest over ILS 70 million in issuance of bonds and share options

Aura Renewing Israel commences the flagship project in Ramat Gan – Aura EMPIRE tower

Aura has commenced marketing for the HaTayasim Tel Aviv project. Project revenues are expected to reach approximately ILS 155 million with an anticipated gross profit of approximately ILS 29 million. In line with the company’s strategy, it intends to conduct early sales of at least 30% of the marketed residential units and subsequently commence the project’s construction

The Phoenix and Aura deal is underway: The Phoenix has provided equity for two projects and directed a cash flow of ILS 120.5 million to Aura. In the coming year it is expected to complete equity in two additional projects with approximately ILS 230 million, for a cumulative total of approximately ILS 350 million

Aura reports strong results for the first half of 2023: the early sales strategy prior to commencing construction proves itself – continued acceleration of activity in the upcoming quarters in 13 projects with over 3,300 apartments in marketing and execution

Aura will establish a massive urban quarter in the heart of Netanya after receiving approval from the local committee in the city to deposit the plan for public review. This marks the largest urban renewal mega-project for the company, in which 1,558 new residential units will be constructed along with approximately 11,000 square meters of main commercial and business areas