Delek Property Development Ltd.
DLAS.TA
Tel Aviv Stock Exchange6,978.00
ILA
-52.00
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Delek Property Development Ltd.
DLAS.TA
(Tel Aviv Stock Exchange)
Recent
price
6,978.00
P/E
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div
yld
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ROIC.AI
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- Business
- Delek Property Development Ltd. engages in the exploration, development and production of natural gas, condensate and oil through interests in oil and gas assets in Israel and the North Sea; it also holds other energy-related investments and property interests through the broader Delek group structure. The company was incorporated in 2017 and is headquartered in Herzliya, Israel, with operations and investments linked to Israel and offshore North Sea assets. Its core activities include participation in the Leviathan project joint venture through NewMed Energy; development and production of gas and oil assets in the North Sea through Ithaca; and other holdings associated with Delek Israel, Delek Israel Properties and Mehadrin. In 2026, Delek Group completed the spin-off of Delek Property Development Ltd., distributing the company to Delek Group shareholders and listing its shares separately on the Tel Aviv Stock Exchange; the stock was subsequently added to the TA-35 and TA-125 indices.