Regulatory Filings • Jan 9, 2026
Regulatory Filings
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2026-01-09
To: Israel Securities Authority www.isa.gov.il To: The Tel Aviv Stock Exchange Ltd. www.tase.co.il
Subject: Immediate Report – Approval for the deposit of the Company's plan for the Bar Kochva Project in Tiberias by the Committee
The Company is honored to announce that the Northern District Planning and Building Committee (hereinafter: the Committee) has approved the deposit of the Company's plan for the Bar Kochva Project, located at 13-25 Bar Kochva Street (even numbers) in Tiberias (hereinafter: the Project).
The project includes the evacuation of 84 existing residential units and the construction of 720 new residential units in six new towers, as well as a commercial and retail center.
As of the reporting date, the Company has signed 92% of the project's existing residents on an evacuationreconstruction agreement.
According to the Company's estimates, the project plan will come into effect this year, and the marketing and execution of the project will commence in 2027.
Warning regarding forward-looking information: The information described above regarding the project, including the number of expected new units, approval of the Company's plan, the project's scope, and the timeline for marketing and construction commencement, constitutes forward-looking information as dened by the Securities Law, 1968. This information includes, among other things, forecasts, objectives, assessments, and future estimates whose realization is not certain and is not under the Company's control.
Forward-looking information is based on the Company's management's estimates, which rely, among other things, on the Company's assessments and plans, including in relation to planning aspects, which may or may not materialize, or may materialize differently than planned, including if any of the following factors occur:
Ariel Pashin – CFO
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