Israel Canada Achieves Stellar Performance in 2023 with Transactions Approximating 5 Billion NIS

Israel Canada Report

In its latest report, Israel Canada has unveiled impressive performance figures for the fourth quarter of 2023 and the year as a whole. The company proudly disclosed transactions totaling a remarkable 5 billion NIS throughout the year.

  • Apartments Sales: 3 billion shekels
  • Office Sales: 690 million shekels
  • North Park Partnership: 510 million shekels
  • Alrov Real Estate Shares: 500 million shekels
  • Capital Raising: 170 million shekels

One notable achievement highlighted in the report is the progress of the company's flagship project, Rainbow, located in Sde Dov. With a total of 166 apartments sold, the project has gained significant momentum, amounting to a value of 1.4 billion NIS. Importantly, Israel Canada has also obtained an excavation and landfill permit for Rainbow, indicating that construction activities are set to commence in the coming weeks.

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