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Last 1,083
Change Today -4.00 / -0.37%
Volume 109.9K
RIT1 On Other Exchanges
Tel Aviv
As of 10:24 AM 07/29/15 All times are local (Market data is delayed by at least 15 minutes).

reit 1 ltd (RIT1) Snapshot

Previous Close
Day High
Day Low
52 Week High
04/12/15 - $1,258
52 Week Low
08/7/14 - $913.50
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for REIT 1 LTD (RIT1)

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reit 1 ltd (RIT1) Details

Reit 1, Ltd. engages in the acquisition, management, and lease of real estate property. The company holds real estate for commercial and industrial use primarily in the central region of Israel. As of September 30, 2008, its holdings included 9 office properties, 2 industrial properties, and a commercial property, as well as a commercial parking lot with 376 parking spaces. The company, formerly known as Reit 1 Israel (2006) Ltd., was founded in 2006 and is headquartered in Tel Aviv, Israel.

reit 1 ltd (RIT1) Top Compensated Officers

Chief Executive Officer and Executive Directo...
Total Annual Compensation: 1.3M
Chief Financial Officer and Executive Directo...
Total Annual Compensation: 730.0K
Compensation as of Fiscal Year 2013.

reit 1 ltd (RIT1) Key Developments

Reit 1 Ltd., Annual General Meeting, Nov 06, 2014

Reit 1 Ltd., Annual General Meeting, Nov 06, 2014., at 13:00 Israel Standard Time.

Reit 1 Ltd., Special/Extraordinary Shareholders Meeting, Aug 04, 2014

Reit 1 Ltd., Special/Extraordinary Shareholders Meeting, Aug 04, 2014., at 12:30 Israel Standard Time.

Reit 1 Ltd. Buys Half of Herzliya Pituah Offices Project

Reit 1 Ltd. has signed an agreement with Efraim Rogovin Ltd. for the purchase of 50% of the rights to the planned commercial and office building at the former Manofim Street Japan Auto complex in Herzliya Pituah. Two years ago, Rogovin purchased the Japan Auto complex, where the main Subaru garage had been located for years, for NIS 73 million. According to the plan, the 17,000 square meter project will include a 5-story office building, commercial spaces on the ground floor, covering and an underground car park. Rogovin holds 100% of the project's rights, and, according to the agreement, Reit1 will buy half of the project after construction is completed and the building has received its Form 4 (permit to occupy the building), in exchange for 50% of the building costs and purchase of the land, estimated at NIS 200 million. After the deal is completed, each party will own 50% of the project.


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