ISRAEL

Alony Hetz’s holdings in Israel are centered on Amot, a 73% owned subsidiary that is one of the largest revenue-producing real estate companies in Israel. Amot (TASE:AMOT) is listed in the Tel-Aviv Stock Exchange.

The Amot Group has a wide and diversified platform of real estate properties in Israel, purchased over many years. The mix of properties is varied and includes central bus stations, commercial centers, supermarkets, banks and other commercial areas, which are widely distributed throughout Israel. Its investments include 85 real estate properties, covering 380 thousand square meters (excluding 100 thousand sq. meters of parking space) and with a market value of NIS 3.3 billion.

Amot Group properties are rented out to some 900 tenants, which are involved in various sectors of the economy. The average rate of occupancy is 94%,. On average, these properties are leased for periods of five years.

In addition to its current portfolio, Amot have interests in 8 assets under development stage for future gross leasable area of 150 thousand sq. meters (its direct share)

The traded bonds of Amot are rated AA- by Ma'alot (the principle Israeli rating agency of S&P) and Aa3 by Midroog (the principle Israeli rating agency of Moody's).

    For more information visit the Amot web-site.