Economy · Full coverage
Gav-Yam Reports Double-Digit Growth in Operational Income Amid Strong Office Demand
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
Unrated 2
By גולן חזני
First reported by Globes · Jul 29, 2026
What happened
Gav-Yam reported a 12% rise in second-quarter NOI to 208 million shekels, driven by strong office demand linked to AI companies. The company maintains high occupancy and is advancing multiple large projects expected to boost future revenues.
- 01Gav-Yam's Q2 NOI grew 12% to 208 million shekels year-over-year.
- 02Occupancy rates remain high at about 97%, supporting stable income.
- 03Six ongoing projects total 260,000 sqm with 3.6 billion shekel investment.
- 0475% of ToHa2 Tel Aviv project leased or in advanced talks; Matam East 3 fully engaged.
- 0528 new leases signed in Q2 with 4.8% average rent increase despite high interest rates.
- 06CEO credits AI sector growth for sustained office space demand and company optimism.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 outlets
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