Azrieli, IL0011194789

Azrieli opened ILS 590 million facility: what it means for Azrieli stock

Published on 10/12/2026 at 09:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Azrieli opened a 274-unit senior facility on September 28, 2026, with 40.00 percent sold. Azrieli stock faces results on November 25, 2026.

Key points in brief

Azrieli opened an ILS 590 million senior living facility with 274 units on September 28, 2026.
The project had sold 40.00 percent of its units before opening.
Azrieli reported ILS 651 million in net rental income for the second quarter of 2026, versus ILS 648 million a year earlier.
Azrieli stock closed at ILA 34,590.00 on the Tel Aviv Stock Exchange on October 8, 2026.
The next scheduled results date is November 25, 2026.

Azrieli, IL0011194789, Illustration mit AI erstellt.

Azrieli (IL0011194789) opened an ILS 590 million senior living facility on September 28, 2026, with 274 units, according to baba. The project had sold 40.00 percent of its units before the opening, giving the residential segment an operating milestone alongside the investment.

Three dates and figures

On December 31, 2025, Azrieli listed total assets of NIS 63.6 billion on its investor-relations page, which describes the group as Israel's largest income-producing real estate company, according to Azrieli Group.

For the second quarter of 2026, net rental income reached ILS 651 million, compared with ILS 648 million in the same quarter a year earlier, while data-center NOI fell to ILS 103 million from ILS 115 million, according to Menivim News.

On September 28, 2026, the new facility became the fifth Palace senior living site, adding 274 units and taking the network to 1,400 units, according to baba.

What does the facility mean?

The 40.00 percent pre-opening sales figure gives Azrieli an early demand marker for the senior living expansion. It also places the ILS 590 million investment beside the group's broader property base, which includes malls, offices, hotels, rental housing and data centers.

The second-quarter figures show why the portfolio mix matters. Net rental income increased by ILS 3 million year over year, while data-center NOI decreased by ILS 12 million, leaving the established property portfolio and the newer technology exposure moving in different directions.

Dates and stock context

The next scheduled earnings date listed for Azrieli is November 25, 2026, according to TradingView. That date gives the market a defined point for testing whether the new facility and the second-quarter operating split are reflected in the next report.

Stock context stays dated

Azrieli stock closed at ILA 34,590.00 on the Tel Aviv Stock Exchange on October 8, 2026. The quote is stated in ILA, while the company's operating figures are reported in ILS.