Years: 2023

Over 70 Million Shekels: Aura’s New Investor

Appointment of Ariel Peshin as CFO, effective 1 July 2023

Q1 2023

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

Awarded an urban renewal project to establish roughly 700 residential units in Ashdod

Yoseftal Kiryat Yam project – approval by the Committee for Preferred Residential Complexes (vatmal) to deposit plan for public review

Approval by the subcommittee of the local planning and building committee for the redevelopment plan in connection with the Szold Hod Hasharon project, and a recommendation for deposit for public review

Approval by the local committee to deposit the company’s redevelopment plan for Ben-Tsvi / Shmorek Netanya project for public review

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

Agreement with The Phoenix to invest ILS 350 million in the company’s building projects and rights to a further investment of up to ILS 250 million