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Azrieli Group Releases Q1/2023 Results

NOI in Q1 is up 15% year-over-year, totaling some NIS 525 million Same Property NOI in Q1 is up around 9% FFO in Q1 is up 8% totaling some NIS 335 million. Total FFO is up 4% at around NIS 350. | May 24, 2023 ....

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How much did Azrieli Group invest in renovation of Red Rock Hotel?

This deal also includes the construction rights on the site and all hotel activities. ....

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Azrieli Group buys Eilat hotel

Azrieli reports that it plans demolishing the Red Rock hotel and investing NIS 500-600 million in building a new hotel. ....

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