In a recent report, Israel Canada has unveiled its robust performance for the fourth quarter and the entirety of 2023. The company proudly announced transactions amounting to a staggering 5 billion NIS over the course of the year.
Breaking down the numbers, Israel Canada's activities encompassed a diverse range of endeavors, including the sale of:
- Apartments: 3 billion shekels
- Offices: 690 million shekels
- Partnership in North Park: 510 million shekels
- Realization of shares in Alrov Real Estate: 500 million shekels
- Capital raising: 170 million shekels
One standout achievement highlighted in the report is the progress of the company's flagship project, Rainbow, situated in Sde Dov. With a total of 166 apartments sold the project has garnered significant traction, amounting to a monetary value of 1.4 billion NIS. Notably, Israel Canada has also secured an excavation and landfill permit for Rainbow, signaling imminent commencement of construction activities in the coming weeks.
To read the full article, in Hebrew, click here.