Reit 1 Ltd: Business Overview, Financials & Competitive Analysis
Reit 1 Ltd scores 7/10 on the AskCyborg Cyborg Score (Solid). Established Israeli REIT offering dividend income with stable credit rating but facing market sector pressures. Pioneer REIT with strong portfolio scale (750k sqm), investment-grade credit rating, and consistent dividend yield (3.08%). Moderate valuation metrics (P/E 10.70) suggest stability, but recent revenue decline (-15.84% YoY in 2023) indicates headwinds in.
What is Reit 1 Ltd's industry? Reit 1 Ltd (reit1.co.il) operates in REIT - Diversified. AskCyborg classifies Reit 1 Ltd under REIT - Diversified in its company registry.
Reit 1 Ltd., established in 2006 as Israel's first Real Estate Investment Trust (REIT), was created following the approval of REIT structures by Israeli authorities to enable broad public participation in large-scale ...
Cyborg Score thesis
Established Israeli REIT offering dividend income with stable credit rating but facing market sector...
Read the full analyst-debate transcript →Get the Latest Reit 1 Ltd Report
Up-to-date AI-powered research, analyst debate audio & saved-company playlists
Get Current Report FreeReit 1 Ltd Overview
Pro stress-test →Reit 1 Ltd., established in 2006 as Israel's first Real Estate Investment Trust (REIT), was created following the approval of REIT structures by Israeli authorities to enable broad public participation in large-scale commercial property investments. REIT 1 owns and operates a portfolio of nearly 750,000 square meters located in attractive locations and submarkets throughout Israel.
Strategic Profile
Pro stress-test →The Company's main aim is investments in real estate, which includes office buildings, commercial centers, industrial buildings, apartments for rent, among others, all of which are yielding assets. REIT 1 is rated ilAA/Stable by Standard & Poor's Ma'alot.
Competitive Landscape
Pro stress-test →The company's shares trade on the Tel Aviv Stock Exchange alongside other Israeli REITs and real estate funds. The Israeli REIT market is dominated by a small number of players managing large-scale commercial property portfolios. Reit 1's pioneer status and portfolio size provide competitive advantages in institutional investor relationships and property access.
Industry Context
Reit 1 Ltd operates in REIT - Diversified.
Key facts
Founded: 2006 · Headquarters: Tel Aviv, Israel · Revenue: 378.87M ILS (2023) · Market cap: 5.58B ILS