- Business
- Villar International Ltd. (TASE: VILR) is an Israel-based real estate company engaged in the acquisition, development, construction, and leasing of properties, including industrial buildings, logistic centers, office spaces, shopping centers, safe housings, and residential projects; archival storage and logistics services for papers, magnetic media, and X-rays through subsidiaries such as The Archivists Ltd. and Beit Ha'archive; engineering solutions; rental of construction and safety equipment; and initiation, construction, acquisition, maintenance, and upkeep of photovoltaic power generation systems. The company operates primarily in Israel, including industrial zones in Ariel and Barkan, with international activities in Romania, and targets customers such as banks, health systems, law firms, government offices, and industrial tenants. Founded in 1975 and headquartered in Caesarea Industrial Park, the company was acquired in 1989 by Shlomo Tisser, went public on the Tel Aviv Stock Exchange in 1993, and appointed Matan Tisser as CEO in May 2022 following Shlomo's passing. Recent developments include a July 2023 development agreement with the Israel Land Authority for a 10,000 square meter industrial area in Ariel exempt from tender, and ongoing expansion in income-producing real estate and archival facilities in settlement industrial zones.