Norstar Holdings, Inc.
TTASE:NSTR746.70
ILA
-7.20
(-0.96%)
ISIN
PAL0605071A3
Return %
Stock
S&P 500
1Y
-22.57
14.20
3Y
1.69
81.12
5Y
-70.36
68.34
Capital Structure
ILS
•
in mil. unless spec.Working Capital
ILS
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in mil. unless spec.Growth Rates
ILS
•
in mil. unless spec.Quarterly Revenue
ILS
•
in mil. unless spec.Quarterly Earnings Per Share
ILS
•
in mil. unless spec.Quarterly Dividends Per Share
ILS
•
in mil. unless spec.Company Description
- CEO
- Chaim K. Katzman
- Full Time Employees
- 156
- Sector
- Finance
- Industry
- Real estate development
- Address
- Abba Hillel Silver 16 Ramat Gan TA Israel 52506
- IPO Date
- Aug 31, 1962
- Website
- brukerspatialbiology.com
- Similar Companies
- Business
- Norstar Holdings Inc is an Israel-based international real estate investment company specializing in the acquisition, development, rental, and management of income-producing real estate properties. The company operates through various subsidiaries and holds a major stake in Gazit Globe, a multinational real estate investment firm focused on supermarket-anchored shopping centers. Norstar's extensive portfolio spans more than 20 countries across Northern Europe, Central and Eastern Europe, Israel, Brazil, and the United States, managing approximately 650 properties with a gross leasable area of around 6.3 million square meters. Its business segments include commercial, retail, office, residential, and industrial properties, with a focus on developing and managing supermarket-anchored retail centers as well as senior housing and medical office buildings in North America. The company was founded in 1962 and is headquartered in Tel Aviv, Israel. Recent significant developments include Norstar's strategic ownership consolidation in Gazit Globe, where it finalized acquisitions increasing its controlling interest, alongside private placements and capital raises supporting growth initiatives. Norstar continues expanding its footprint and capabilities in real estate development and property management, with ongoing efforts to enhance its portfolio's quality and geographic diversity. The company maintains strong operations in retail and residential sectors and pursues green building and renewable energy initiatives to align with sustainability goals. These operational expansions and financial strategies underscore Norstar's commitment to solidifying its position as a leading global real estate investment entity. Norstar conducts its US operations through subsidiaries including Equity One Inc., Royal Senior Care LLC, and ProMed Properties Inc., focusing notably on affordable senior housing and medical office buildings. In Canada, it operates via First Capital Realty Inc. and Gazit America Inc., while European activities are managed through entities such as Citycon Oyj. The company emphasizes innovation in project finance solutions, particularly in affordable housing development. Norstar also manages and leases premium quality office, retail, industrial, and residential spaces, leveraging long-term client and tenant relationships. It continues to invest in sustainable energy projects, including rooftop solar photovoltaic systems for clean power production within its developments. Overall, Norstar Holdings Inc is a dynamic, multinational real estate investment and management company with a diversified property portfolio, strategic geographic presence, and recent initiatives focused on portfolio optimization and sustainability in real estate operations, founded in 1962 and headquartered in Tel Aviv, Israel.