Y.B Urban Renewal - Residential Development LTD.
TTASE:YBRD525.00
ILA
-10.60
(-1.98%)
ISIN
IL0001110134
Return %
Stock
S&P 500
1Y
-22.51
14.39
3Y
- -
81.42
5Y
- -
68.62
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Semi-annual Revenue
FRC
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in mil. unless spec.Semi-annual Earnings Per Share
FRC
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in mil. unless spec.Semi-annual Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Ada Bar Kama
- Full Time Employees
- 2
- Sector
- Consumer non-durables
- Industry
- Food: major diversified
- Address
- Ashdod Israel
- IPO Date
- Nov 1, 1982
- Website
- cannassure.life
- Similar Companies
- Business
- Y.B Urban Renewal - Residential Development LTD. is an Israel-based real estate development company specializing in the initiation, development, and execution of residential urban renewal projects across Israel. The company operates within the real estate development sector, focusing on transforming aging urban residential structures into modern high-density housing communities. Its core offerings and service portfolio encompass the planning and development of large-scale evacuation-and-construction (Pinui-Binui) projects; the implementation of National Outline Plan 38 (TAMA 38) residential reinforcement, building expansion, and rooftop addition developments; architectural, engineering, and statutory planning management; municipal zoning adjustment and building permit procurement; tenant consultation, legal coordination, and resident relocation management services; construction supervision and quality assurance; and project financing, marketing, and sales of newly constructed residential apartment units. The company primarily serves existing apartment owners, property developers, prospective homeowners, and residential real estate investors in metropolitan and urban growth centers throughout Israel. Originally founded in 2016 and headquartered in Ashdod, Israel, the company was formerly known as Cannassure Therapeutics Ltd. and operated in the medical cannabis research, cultivation, and commercialization industry. In July 2024, the company completed a major strategic reorganization and reverse merger, transitioning its primary business focus entirely to residential real estate and urban renewal development while formally rebranding to Y.B Urban Renewal - Residential Development LTD. under the ticker symbol YBRD on the Tel Aviv Stock Exchange. Following the operational shift and the satisfaction of listing compliance requirements, the company’s common stock was subsequently transferred from the exchange's maintenance list to the main trading board of the Tel Aviv Stock Exchange.