Adgar Investments and Development Ltd Overview
Pro stress-test →Adgar Investments and Development engages in the real estate business in Israel, Canada, Poland, and Belgium, primarily investing in office space. The company was incorporated in 1977 and is based in Petah Tikva, Israel.
Strategic Profile
Pro stress-test →The company specializes in the acquisition, development and long-term ownership of well-located, high quality office properties. Earnings have declined by 13.9% per year over the past 5 years, and trading at 12.4% below fair value estimate.
Competitive Landscape
Pro stress-test →Adgar is covered by only 1 analyst, suggesting limited institutional follow. Competes within Israeli real estate sector against developers and office REIT operators. Market headwinds from evolving office space demand post-pandemic affect sector dynamics.
Industry Context
Adgar Investments and Development Ltd operates in Real Estate Operating Companies / Office Property Development.
Key facts
Founded: 1977 · Headquarters: Petah Tikva, Israel · Employees: 155 · Revenue: $96.6M · Market cap: ~$240M USD / 806-940M ILS