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Last 15,840
Change Today +50.00 / 0.32%
Volume 42.0K
As of 6:47 AM 08/4/15 All times are local (Market data is delayed by at least 15 minutes).

azrieli group (AZRG) Snapshot

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52 Week High
04/7/15 - $17,480
52 Week Low
08/4/14 - $11,090
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azrieli group (AZRG) Details

Azrieli Group Ltd., together with its subsidiaries, operates in the real estate industry in Israel. The company operates through Retail Centers and Malls in Israel, Office and Other Space for Lease in Israel, Income-Producing Property in the USA, and Fuelling and Commerce Complexes and Direct Marketing segments. It is engaged in promoting, constructing, acquiring, renting, managing, and maintaining malls and retail centers; and office buildings and parks for offices and high-tech industry. The company owns 14 malls and retail centers, and 11 income-producing properties in the office and other space in Israel; and 6 office properties in the United States. It is also engaged in the direct marketing of oil distillates and oils to institutional, governmental, commercial, and business customers; and operating 187 gasoline stations. In addition, the company is involved in the marketing and supply of LPG and natural gas; production of solar electricity; engineering design, establishment and production, operation, and maintenance of facilities for the enhancement of water and water filtering, sea water desalination, pumping stations and water pools, and treatment of well and effluent water, as well as treatment of sanitary, industrial, municipal, and organic wastewater. Further, it engages in the production, importation, and marketing of chemicals and finishing processes for metals; chemicals for preparing surfaces for painting and industrial paint stripping; materials for electrochemical plating for high-tech and electronics industry; industrial cleaning materials; special adhesives and lubricants for industry; and handling of hazardous material wastewater. The company also engages in the operation of a tourist site; and communications infrastructure activities. The company was incorporated in 1983 and is based in Tel Aviv, Israel. Azrieli Group Ltd. is a subsidiary of Azrieli Holdings Inc.

Founded in 1983

azrieli group (AZRG) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: 520.0K
Deputy Chief Executive Officer, Head of Malls...
Total Annual Compensation: 200.0K
Compensation as of Fiscal Year 2014.

azrieli group (AZRG) Key Developments

Sonol Israel Still Up For Sale; No Deal Yet

Sonol Israel Ltd., owned by Azrieli Group Ltd (TASE:AZRG) is still up for sale. Several concerns have negotiated in recent years for the acquisition of the company, but no deals have yet been completed.

Azrieli Group Ltd Signs ILS 250 million Lease with Africa Israel Hotels

Africa Israel Hotels reported that it had signed a lease with Azrieli Group Ltd. to set up a boutique hotel in the Azrieli Sharona Center, which is currently under construction. The 20-year lease is worth ILS 250 million. As part of the deal, Africa Israel Hotels will rent 12,000 sq.m. of space on floors 33-37 in the tower. It is reported that the Sharona Azrieli Hotel will be separate from the commercial floors, and will have 160 rooms, separate elevators, and an independent lobby with a restaurant and a business lounge on the bottom floor of the hotel.

Tadiran Is In Talks To Buy Supergas From Azrieli

Tadiran Holdings Ltd. (TASE:TDRN) is negotiating to acquire Supergas Israel Gas Distribution Company Ltd. from Azrieli Group Ltd (TASE:AZRG) for over ILS 200 million, sources inform "Globes." Tadiran confirmed the report this morning, but stressed that there was no certainty that a deal would take place or about the terms of any deal.


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