BDI

Amot Investments Ltd.

Income-Generating Real Estate Investments

Profile

Founding Year 1964
Address 2 Jabotinsky St., Amot Atrium Tower, Ramat Gan 5252001 - View Map
Phone 03-5760500
Fax 03-5760501
Email [email protected]
Company Website www.amot.co.il
   
   

Managers

Nathan Hetz, Chairman of the Board of Directors, Amot Investments Ltd.

Nathan Hetz

Chairman of the Board of Directors

Avshalom Mousler, Chief Executive Officer, Amot Investments Ltd.

Avshalom Mousler

Chief Executive Officer

About


Amot Investments Ltd. is a leading Israeli public company in the income-generating real estate sector and the investment arm of Alony-Hetz Properties and Investments Ltd. Amot manages, leases, maintains, initiates and develops income-generating properties in Israel. In May 2006, Amot listed its securities for trading on the Tel Aviv Stock Exchange ("TASE") and by March 31, 2019, has raised NIS 9.3 billion from issuances on the TASE. In addition, during this period, Amot distributed dividends totaling NIS 2.8 billion.

Parent Company

Alony-Hetz Properties and Investments Ltd.

Amot owns 103 properties, leased to some 1,600 tenants, covering a total area of 1.4 million square meters, including 552 thousand square meters of parking space. The properties include office and hi-tech buildings, industrial parks, logistics centers, shopping centers, commercial centers, supermarkets, and central bus stations. Amot’s properties are valued at more than NIS 11 billion, and the occupancy rate of the properties is steady and stable around 97%. Most properties are located in Tel Aviv and the Gush Dan Region, in large city centers and in-demand areas.

Business Strategy and Key Properties
Amot is striving to expand its operations in Israel’s income-generating real estate sector by acquiring existing properties while initiating and developing newer properties. Amot’s properties are multi-use – 55% of the value of real estate is in offices, 16% is in industrial use and logistics, 21% is in commercial use, while 6% of the value of real estate is in a cluster of 36 supermarkets which are located in city centers.
Among Amot’s most outstanding properties are the ToHa1 building in Tel Aviv, the Amot Atrium Tower in Ramat Gan, 30 Ha’Barzel Street in Ramat Ha’Hayal, Amot Investments Tower, the Beit Amot Mishpat Complex, the Amot Insurance Complex( all in Tel Aviv), Pelephone House in Givatayim, the Amot Platinum Tower in Petah Tikva, the Arim Mall in Kfar Saba, the B7 commercial center in Be’er Sheva, the Kiryat Ono Mall, Orot Mall in Or Akiva, logistics centers in Modi’in, Ariel and Airport City as well as industrial properties in Lod, Caesarea, Be’er Sheva and Netanya, and the Jerusalem Central Bus Station.
ToHa1 – The Company and Gav-Yam Land Company Ltd. hold joint rights (in equal parts) to 17 dunams, bordering by the streets of Tozeret Ha’Aretz, Yigal Alon and Derech Ha’Shalom in Tel Aviv. In 2018, the first office building, along with 950 parking slots was completed. ToHa1, similar to the Amot Atrium Tower, whose construction was also completed by Amot, was built in a unique and innovative architectural style, with the highest standards and specifications used to date in Israel. All available space in the tower has been marketed and leased in full, and the tower is in advanced stages of population.

Entrepreneurial Projects under construction:
Amot has two projects currently under construction – in Holon and Modi’in. Amot’s share is 69 thousand square meters above ground, and Amot’s planned investment in the projects is NIS 0.8 billion.
Amot Holon – In July 2016, the Company won a tender issued by the Holon Municipality for the construction of an office and commercial project in the Holon industrial zone. The project is part of a combination deal with the Municipality. The project is being built on 11 dunams and will offer a 20-story office tower above commercial space, an over-ground area of 56,000 square meters and an underground parking of 5 stories. The project is under construction and is expected to be completed during 2021.
Modi’in – An automated logistics center for Shufersal’s online operations. In May 2018, Amot signed an agreement with Shufersal Ltd. whereby it sold to Shufersal 25% of the real estate lease rights, on which the parties are jointly building (of which Amot’s share is 75% share) a 34,000 square meters logistics center. At construction end, the logistics center will be leased to Shufersal for a period of 15 years, with an option to extend the period.
Amot has five other projects in various stages of planning and initiating, of which its share is 169 thousand square meters above ground and the scope of the total investment for the coming years is NIS 2 billion (Amot’s share). The

leading projects include:
The Lehi complex in B’nei Brak – In 2018, Amot signed an agreement to acquire half of the rights of Allied Real Estate Ltd. to 16.4 dunams on Lehi Street in B’nei Brak. The land is located in the northern business district of B’nei Brak, adjacent to Yarkon Park (from the south), to the Ramat Ha’Hayal complex and close by the Ayalon Mall, as well as to a train station and a planned light rail station. The parties are jointly working to plan and build an office and commercial project on the land, which will include 75,000 square meters above ground. The investment in project construction (including the land) is estimated at NIS 800 million (Amot’s share is 50% of this amount).
The 1000 Complex in Rishon Le’Zion – In June 2018, Amot won a tender for the acquisition of land in the 1000 Complex in Rishon Le Zion West. The tender awarded rights to build on 19,000 square meters. The project is now in advanced planning stages.
The Company holds land reserves for initiation and development, on which it initiates projects, gradually, in accordance with an ongoing examination and analysis of the market situation and the level of demand. The Company is also promoting plans for construction and improvement of several additional properties.

Financial Strength and Reputation
Amot believes that the critical factors for success in the field of income generating real estate are knowledge and experience in marketing, management, operation, asset betterment, rapid and reliable response to tenant needs, a distribution of risks by geographic areas, and a distribution of property types, financial strength, full transparency with the capital markets and to the public, identification of business opportunities and rapid and decisive response.

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