Medipower (Overseas) Public Co. Limited
TTASE:MDPR485.40
ILA
-18.40
(-3.65%)
ISIN
CY0100361019
Return %
Stock
S&P 500
1Y
-27.01
14.20
3Y
-5.24
81.12
5Y
-20.83
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Ron Yoseff Stern
- Full Time Employees
- 5
- Sector
- Finance
- Industry
- Real estate development
- Address
- 1 C. Skokou Nicosia NI Cyprus 1061
- IPO Date
- Feb 13, 2017
- Website
- medipowergroup.com
- Similar Companies
- Business
- Medipower (Overseas) Public Co. Limited operates as a full-service commercial real estate firm specializing in retail real estate. The company owns, manages, and redevelops retail properties and residential developments with a primary focus on grocery-anchored shopping centers. Its portfolio includes over 15 retail properties predominantly located in the United States, Canada, and Bulgaria, featuring more than 130 tenants, with grocery stores accounting for over 30% of the tenant base. Notable assets include Madeira Plaza in Reading, Pennsylvania, with key tenants like Redner's Markets and Big Lots. Medipower's commercial real estate holdings encompass regional offices, commercial assets, and land for development. The company targets growing, high barrier-to-entry markets with open-air shopping centers and residential developments. Founded in 2001, Medipower is headquartered in Nicosia, Cyprus, and is publicly traded on the Tel Aviv Stock Exchange under the ticker MDPR. It operates primarily in retail real estate across North America and Europe, including the United States, Canada, Bulgaria, and Sweden. The company’s business segments include acquisition, redevelopment, and management of retail and residential real estate assets. Recent major developments include the strategic acquisition of Springfield Avenue Marketplace, a 110,550-square-foot grocery-anchored shopping center in Newark, New Jersey, which aligns with Medipower’s focus on infill locations with high barriers to entry on the U.S. East Coast. Moreover, in 2025, Medipower signed an agreement to acquire a portfolio of 16 grocery-anchored shopping centers in Pennsylvania and Maryland for approximately $276 million, significantly expanding its U.S. retail property footprint. These acquisitions emphasize the company's ongoing commitment to growing its portfolio of dominant grocery-anchored centers that generate resilient and increasing cash flow. Medipower leverages its experience in acquisitions, redevelopment, and property management to create shareholder value through high-quality shopping center investments and residential developments. The company primarily serves retail tenants in grocery-anchored centers and residential tenants in developed properties across its operational geography, focusing on markets with strong demographic and economic fundamentals. Overall, Medipower (Overseas) Public Co. Limited stands as a prominent retail-focused commercial real estate investment and management firm with a strategy to grow through acquisitions and redevelopment in North America and Europe, particularly in high-demand urban and suburban infill locations. Its recent major acquisitions underscore a significant expansion and operational enhancement within its core retail real estate segment.