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Gav-Yam wins Tender for the Construction of a Government Office Building in Holon
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Gav-Yam wins Tender for the Construction of a Government Office Building in Holon
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Gav Yam Reports Second Quarter 2021 Results
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TEL AVIV, Israel, Feb. 3, 2021 /PRNewswire/ Gav-Yam (TASE: BYSD), which is one of Israel s largest real estate companies that specializes in the initiation, planning, construction, and management of hi-tech and offices parks, logistics centers and industrial parks, announced its financial results for 2020.
Financial Highlights
² (the Company s share - 80,000 m
²), and annual revenues to the Company of approximately NIS 80 million;
Consistent growth in all operational parameters;
2020 rental income of NIS 534 million, an increase of 4.7%, year-over-year;
2020 NOI reached NIS 516 million, an increase of 5.3% year-over-year;
EBITDA in 2020 of NIS 480 million, an increase of 4.8% year-over-year;
Operating cash flow in 2020 of NIS 421 million, an increase of 8.5% year-over-year;