Azrieli Group Reports Q3/2023 Results
The increase was partially offset by non-inclusion of Compass’s results already in the current quarter.
- The increase was partially offset by non-inclusion of Compass’s results already in the current quarter.
- TEL AVIV, Israel, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Danna Azrieli, Chairwoman of Azrieli Group, said: “The State of Israel is in the midst of a war, and Azrieli Group is entirely committed to the effort and to civil aid on all fronts.
- We will continue acting on this commitment while maintaining financial strength and responsible conduct in these challenging times, which create both a complex business environment and opportunities.”
Eyal Henkin, CEO of Azrieli Group, said: “As we mobilize and provide resources, Azrieli Group is closing another good quarter with continued growth in all parameters. - The sale of the Group’s minority holdings in Compass reflects a gross yield of x2.5 on the investment (in total, Azrieli Group invested in Compass approx.