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Last 11,930
Change Today -250.00 / -2.05%
Volume 5.9K
ALRO On Other Exchanges
Tel Aviv
As of 10:24 AM 03/31/15 All times are local (Market data is delayed by at least 15 minutes).

al-rov (israel) ltd (ALRO) Snapshot

Previous Close
Day High
Day Low
52 Week High
04/2/14 - $15,410
52 Week Low
11/19/14 - $9,552
Market Cap
Average Volume 10 Days
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Dividend Yield
Current Stock Chart for AL-ROV (ISRAEL) LTD (ALRO)

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al-rov (israel) ltd (ALRO) Details

Alrov (Israel) Ltd., a real estate development company, invests in and operates luxury projects. Its property portfolio comprises residential towers, office buildings, commercial and shopping centers, and luxury hotels. The company owns properties primarily in Israel, the United Kingdom, France, Switzerland, and the Netherlands. It is also involved in the asset management activities, as well as development, ownership, and operation of five star luxury hotels in Israel. In addition, the company invests in the areas of Internet, software, communication, cellular, life science, etc. Alrov (Israel) Ltd. was founded in 1978 and is based in Tel Aviv, Israel.

Founded in 1978

al-rov (israel) ltd (ALRO) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: 1.6M
Co-Chief Executive Officer
Total Annual Compensation: 908.0K
Compensation as of Fiscal Year 2013.

al-rov (israel) ltd (ALRO) Key Developments

Alrov (Israel) Ltd., Special/Extraordinary Shareholders Meeting, Dec 30, 2014

Alrov (Israel) Ltd., Special/Extraordinary Shareholders Meeting, Dec 30, 2014., at 16:00 Israel Standard Time.

Alrov (Israel) Ltd. Takes Loan of £160 Million to Pay for London's Cafe Royal

Six years after signing an agreement to purchase the property Cafe Royal Hotel in London, Alrov (Israel) Ltd. controlled by Alfred Akirov, has signed a £160 million (ILS 930 million) financing agreement. The loan is for one year at 2.3% interest, with a senior lien on the property as security for the lenders. £85 million of the loan is guaranteed by the company, and the rest is a non-recourse loan. Alrov probably preferred a rather short-term loan because of the low interest rate, and will refinance the property at the end of the loan period. The loan terms stipulate that the amount of the loan, which is currently equal to 60% of the property value (£213 million in the 2013 financial statements), will not exceed 65%.

Alrov (Israel) Ltd., Special/Extraordinary Shareholders Meeting, Jan 20, 2014

Alrov (Israel) Ltd., Special/Extraordinary Shareholders Meeting, Jan 20, 2014., at 16:30 Israel Standard Time.


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