Africa Israel Residences Ltd Overview
Pro stress-test →Africa Israel Residences engages in the development and sale of residential units under the Savyonim brand in Israel, with expertise in the initiation, planning, development, construction, and marketing of residential housing units and management of rental housing projects. The company develops entire neighborhoods including shopping centers, schools, green areas, cultural and sports facilities.
Strategic Profile
Pro stress-test →Founded in 1960 and based in Or Yehuda, Israel, the company operates as a significant residential real estate developer in the Israeli market. With a dividend yield around 2.25% and improved profitability metrics, the company demonstrates a track record of shareholder returns.
Competitive Landscape
Pro stress-test →Key competitors in Israeli real estate development include Kvutzat Acro (market cap ILA 3.0B), Shikun & Binui, Israel Canada Ltd, Azrieli Group, and Melisron Ltd. AFRE competes on brand strength (Savyonim) and neighborhood development expertise.
Industry Context
Africa Israel Residences Ltd operates in Real Estate Development & Management.
Key facts
Founded: 1960 · Headquarters: Or Yehuda, Israel · Employees: 71 · Revenue: $265M · Market cap: ₪3.5B