Azrieli, IL0011194789

Azrieli opens 274-unit facility: Azrieli stock gets ILS 45.35 target

Published on 10/13/2026 at 10:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

40.00 percent of 274 units were sold before launch on September 28, 2026. Azrieli stock has an ILS 45.35 target from two analysts.

Key points in brief

Azrieli opened a 274-unit senior living facility on September 28, 2026, with 40.00 percent of units sold before launch.
Second-quarter 2026 revenue reached ILS 1.15 billion and net income was ILS 155.0 million.
Analysts tracked by Investing.com set an average 12-month target of ILS 45.35 for Azrieli.
The company is listed on the Tel Aviv Stock Exchange and is included in the EPRA index.

Azrieli, IL0011194789, Illustration mit AI erstellt.

Azrieli opened a 274-unit senior living facility on September 28, 2026, while an analyst consensus puts the 12-month target at ILS 45.35. The project adds a measurable operating milestone as the real estate group expands beyond malls and offices.

Three milestones shape the story

On March 19, 2026, Azrieli Group listed financial statements for fiscal year 2025 and reported total assets of ILS 63.6 billion on its investor-relations page. The group said its portfolio covered income-producing real estate, including shopping malls, offices, senior living facilities, hotels and rental housing.

On August 18, 2026, Investing.com listed second-quarter 2026 revenue of ILS 1.14 billion and net income of ILS 155.0 million. Structured financial data for the same quarter shows revenue of ILS 1.15 billion, operating income of ILS 563.0 million and operating cash flow of ILS 468.0 million.

On September 28, 2026, Ice via baba reported the opening of the fifth Palace senior living complex in Rishon LeZion. The facility contains 274 units, and 40.00 percent had been sold before the official launch.

What does 40.00 percent presales mean?

The presales figure gives the new facility an operating foothold before full occupancy. It also supplies a concrete demand indicator for the senior living segment, where the project expands the Palace network to 1,400 units across Israel.

The wider earnings picture is mixed by design. Second-quarter revenue of ILS 1.15 billion exceeded first-quarter revenue of ILS 1.12 billion, but net income fell from ILS 540.0 million in the first quarter to ILS 155.0 million in the second quarter. That comparison makes operating cash flow and property-level performance more informative than net income alone.

Analyst target and reporting date

Investing.com lists one Buy and one Hold rating, with an average 12-month target of ILS 45.35 from two analysts. The target is a market expectation rather than company guidance, so the senior living presales figure remains the more direct operating data point.

TradingView lists November 25, 2026 as the next results date. That event should put the new facility, data center operations and the second-quarter earnings comparison into the same reporting frame.

Azrieli keeps expanding its asset base

Azrieli's investor-relations materials describe the company as Israel's largest income-producing real estate group and note its entry into data centers, primarily in Norway. The portfolio approach creates several operating drivers, while the latest figures show why investors will need to separate recurring property activity from accounting effects in reported profit.