ISRAEL-AMOT

Alony Hetz’s holdings in Israel are centered on Amot, a 60.7% 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 93 real estate properties, covering 782 thousand square meters (including 215 thousand sq. meters of parking space) and with a market value of NIS 6.2 billion.

Amot Group properties are rented out to 1,500 tenants, which are involved in various sectors of the economy. The average rate of occupancy is more than 97%. On average, these properties are leased for periods of five years.

The traded bonds of Amot are rated A by Ma'alot (the principle Israeli rating agency of S&P) and A1 by Midroog (the principle Israeli rating agency of Moody's).

    For more information visit the Amot web-site.