Gav-Yam Land Corp Ltd.

Other Senior Executives

Mark Zack

Chief Financial Officer

Tal Falb

VP-Engineering

Yariv Bar-Dea

VP-Marketing and Business Development

Rafi Ohayon

VP–Properties

Zvika Apel

VP-Subsidiaries

Shiri Weizmann

Legal Counsel and Corporate Secretary

Income-Generating Properties

Gav Yam owns 21 hi-tech, logistic, industrial, and office parks located in 18 cities and covering an area of 1.2 million square meters located in high-demand areas. The Company has 400 tenants, including leading Israeli and international companies such as Apple, Intel, Elbit Systems, Philips, Microsoft, Google, Yahoo, Amazon, IBM, and many others.

In addition, over 650 thousand square meters are in the planning and construction stages (Gav Yam’s share is 490 thousand square meters), and over 470 thousand square meters of available land reserves (Gav Yam’s share).

Financial Information

Gav Yam closed 2022 with revenue from property leasing and management fees of NIS 649 million, an occupancy rate of its income-generating properties of 98%, net income attributable to shareholders of NIS 930 million, equity attributable to shareholders of NIS 4.0 billion, and investment real estate valued at NIS 12.5 billion.

Primary Hi-Tech, Logistic, and Industrial Parks

Gav Yam owns some of Israel’s most significant and leading hi-tech, logistic, and industrial parks, all which have many advantages such as location, CLASS A buildings, high accessibility next to main routes and trains, parks and green areas, and partnerships with leading academic institutions.

ToHa1 – Located in the sought-after business center near the Ha’Shalom Interchange on the Ayalon Highway and within walking distance of the Ha’Shalom Train Station, covering an area of 89 thousand square meters, of which 57 thousand square meters are above ground. (Gav Yam’s share is 50%).

Matam Park, Haifa – Israel’s largest hi-tech and business park, with 377 thousand square meters built up and leased at full occupancy. The tenants benefit from complementary services. (Gav Yam’s share is 50.1%).

Gav-Yam Park, North Herzliya – one of Israel’s most advanced hi-tech, business, and commercial parks in the industrial zone, covering 134 thousand square meters in the northern industrial zone, including office buildings and commercial areas, surrounding a spectacular internal square.

Gav-Yam Center, Herzliya – 116 thousand square meters built adjacent to the Coastal Road with easy access and visible from Route 2. The complex is populated by hi-tech, service, and commercial companies.

Gav-Yam, Negev Park – in cooperation with the Ben-Gurion University of the Negev and the Be’er Sheva Municipality. The park is next to the railway station, near Ben Gurion University, and the Israel Army’s Corps Teleprocessing Center, currently under construction. Upon completion, the park will have 200 thousand square meters. The park has buildings covering a total area of 61 thousand square meters and is the region’s leading hi-tech and cyber park (Gav Yam’s share is 73%).

Gav-Yam Park, Rehovot – a biotechnology and hi-tech park cooperating with the Weizmann Institute, with 56 thousand square meters (including below-ground) and land reserves for further park development. (Gav Yam’s share is 72%).

Gav-Yam Park, Caesarea – a 50 thousand square-meter park built on 110 dunams.

Initiated Projects

Gav Yam Park, Ra’anana – an office and commerce building covering 72.6 thousand square meters, of which 40 thousand square meters are above ground. A combination transaction. (Gav Yam’s share is 69.5%).

Matam East 3 Towers – an office project of 43 thousand square meters, of which 30 thousand square meters are above ground.

Gav-Yam, Hebrew Park – a project in cooperation with the Hebrew University and the Jerusalem Development Authority. In the first stage, buildings 1+2 will be built, covering an area of 89 thousand square meters, of which 57 thousand are above ground. A combination transaction. (Gav Yam’s share is 66%).

ToHa 2 – An office project covering 205 thousand square meters, of which 160 thousand square meters are above ground. (Gav Yam’s share is 50%).

Herzliya North – Gav-Yam – O2 – Expansion of an office project covering 60 thousand square meters, of which 38 thousand square meters are above ground. Fully marketed.

Gav-Yam Park, Ashkelon – Stage 2 – an industrial park covering 55 thousand square meters. Fully marketed.

Gav-Yam, Holon – Building 3 – An office project for government housing of 44 thousand square meters, of which 22 thousand square meters are above ground.

Gav Yam Park, Negev – Building 5 – an office building project of 15 thousand square meters.

Gav Yam Park, Rehovot – Building 5 – an office building project of 39 thousand square meters, of which 24 thousand square meters are above ground.

Gav-Yam Park, Haifa Bay – Building 5 – a logistics center of 8 thousand square meters. Fully marketed.

FFO (Funds From Operations) attributed to shareholders for 2022 totaled NIS 313 million.

The Company is planning and licensing the construction of several sites, which, with their approval, will add 670 thousand square meters for employment, industry and commerce, and 2,650 housing units.

Principal Companies held by Gav-Yam:

Matam – Haifa Science Industries Center Ltd. (50.1%) – owns the rights to Matam Park, land reserves, and other properties in Haifa.

Gav-Yam Negev Ltd. (73.25%) – owns the rights in Be’er Sheva’s Gav-Yam Negev Park.