BDI

Gav-Yam Land Corporation Ltd

Promotion, planning, development, construction, leasing, maintenance and management of hi-tech and industrial parks, office buildings, commercial areas, storage structures and parking lots, nationwide.

Profile

Founding Year 1928
Address 9 Andrei Sakharov St., Matam Towers 1, Matam Park Haifa, P.O.B 15041, Haifa 31905 - View Map
Phone 972-4-6644200
Fax 972-4-8533567
Company Website www.gav-yam.co.il
   
   
   

Managers

Avi Jacobovitz, Chief Executive Officer, Gav-Yam Land Corporation Ltd

Avi Jacobovitz

Chief Executive Officer

About Gav-Yam Land Corporation Ltd


Gav-Yam Land Corporation Ltd is one of Israel's largest and oldest real estate companies. The Company is active in the promotion, planning, development, construction, leasing, maintenance, and management of hi-tech, logistic and industrial parks and centers, throughout Israel, and the construction of Tailor Made buildings leased out for long-term purposes. The Company, through a wholly owned subsidiary, also provides a variety of maintenance management services to lessees throughout the lease period.

Other Senior Executives

Mark Zack

CFO

Gideon Eckstein

VP Engineering

Yariv Bar De’a

VP Marketing & Business Development

Yoav Russo

VP Assets

Shiri Weizmann

Legal Counsel and Corporate Secretary

Income-Producing Properties

The Company owns 22 hi-tech, logistics and industry parks in 19 cities, covering a total area of 1,034,000 sq.m., most of which are found in prime locations. In addition, about 343,000 sq.m. in planning and construction stages (the Company’s share out of about 407,000 sq.m.), 409,000 sq.m of construction reserves, and a further 145,000 sq.m. in zoning proceedings (the Company’s share out of 250,000 sq.m). The Company has about 440 tenants, and its occupancy rate is 96%.

Financial Information

2020 revenues amounted to NIS 534 million, the net income attributable to shareholders amounted to about NIS 260 million, its equity totaled to about NIS 2.8 billion, its investment properties were valued at NIS 8.2 billion, with a dividend yield of 4.6%.

Main Hi-Tech, Logistics and Industrial Parks and Centers

The Company specializes in initiation, development, planning, construction and management of hi-tech, logistics and industrial parks for leasing, providing a specific solution to the special requirements of the tenant companies, such as adjustment to various industries, including high-tech, biotechnology, etc. Parks have various advantages such as location, Class A buildings, easy access near main roads and trains, parks and green areas, cooperation with leading academic institutions. Gav Yam’s tenants include leading Israeli and international companies such as Apple, Intel, Elbit Systems, Philips, Microsoft, Google, Yahoo, Amazon, IBM, IL-CERT.

ToHa1 (50% owned by the Company) – located in the sought-after business center near HaShalom Interchange of the Ayalon Highway within walking distance from the railway station and includes an area of 89,000 sq.m. of which 57,000 sq.m. are superstructure.

Matam Park, Haifa – Israel’s biggest hi-tech and business park, 272,000 sq.m. built and fully occupied. Tenants of the park are provided with additional facilities such as a clinic, post office, bank, transportation, catering services, a gas station, kindergartens etc. The park has additional vast construction reserves.

Gav-Yam Park North Herzliya – one of the most advanced high-tech, business and commercial parks in Israel in the industrial zone comprising 130,000 sq.m. in the northern industrial zone, including office buildings and commerce areas surrounding a spectacular internal square.

Gav-Yam Center Herzliya – 114,000 sq.m. built adjacent to the coastal road with easy access and visible from Route 2. The complex is occupied by high-tech and service companies and commercial spaces.

Gav-Yam Negev Park – in cooperation with Ben-Gurion University of the Negev and the Beer Sheva Municipality. The park is located next to the railway station near Ben Gurion University and the C4I Corps Center that is currently under construction. Upon completion, the park will include 200,000 sq.m. The park is comprising four buildings covering a total area of 61,000 sq.m and is the leading hi-tech and cyber park in the region (the Company’s share is 73.25%).

Gav-Yam Park Rehovot – Biotechnology and Hi-Tech Park in cooperation with the Weizmann Institute, 56,000 sq.m (including below-ground) and land reserves for further development of the park (the Company’s share is 72%).

Gav-Yam Park Caesarea – a park with 50,000 sq.m built on an area of 110 dunams.

Projects in Planning, Construction and Marketing Stages

Gav Yam Ra’anana, 1st building – an offices and commerce building covering 58,000 sq.m, of which 25,000 sq.m. are superstructure. A combination (asset-swap) transaction (the Company’s share is 69.5%).

Matam East, buildings 1 + 2 – office project of. 93,000 sq.m, of which 56,000 sq.m are superstructure. Over 50% of the space in the project has been marketed.

Matam East, 3rd building – office project of 35,000 sq.m, of which 20,000 sq.m are superstructure.

Gav-Yam Park Gderot, 1st building – a logistics center of 7,500 sq.m., fully marketed.

Gav-Yam Park Hebrew University Campus – a project in cooperation with the Hebrew University and the Jerusalem Development Authority. In the first phase, buildings 1+2 will be constructed on an area of 85,000 sq.m, of which 55,000 superstructure. A combination transaction – the Company’s share is 66%.

Gav-Yam Park Haifa Bay, 3rd building – an additional logistics center in planning stages, covering 6,100 sq.m.

Gav-Yam Park Haifa Bay, 4th building – a logistics center of 20,000 sq.m.

ToHa2 – a partial parking lot of 16,000 sq.m.

Gav-Yam Herzliya North – Gav-Yam 02 extension – an office project of 45,000 sq.m, of which 23,000 sq.m superstructure.

Gav-Yam Ashkelon Park – an industrial park with a built area of 41,000 sq.m. (The Company’s share is 70%).

Main Companies Owned by Gav-Yam

M.T.M. (Matam) Scientific Industries Center Haifa Ltd. (50.1%) – owns the rights for Matam Park, land reserves and additional assets in Haifa.

Gav-Yam Negev Ltd. (73.25%) – owns the rights for Gav-Yam Negev Park in Beersheba.

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