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Africa Israel Residences Ltd.
Yoni Netanyahu 1c
Phone: +972 37402500p:+972 37402500 OR YEHUDA, 60250  Israel Ticker: AFREAFRE
Business Summary
Africa Israel Residences Ltd., part of the Africa Israel Group, is an Israel-based Company active in the field of residential real estate. The Company's activities focus on initiating and constructing residential neighborhoods. The stages of land development include locating and acquiring the property, planning residential neighborhoods, handling the licensing procedures for surrounding infrastructure and development, houses and apartments interior design, setting building standards, constructing the project, marketing and selling the residential units, developing the surroundings, carrying out the parcel divisions, and registering the properties in the names of the owners. Africa Israel Residences Ltd. has two fully owned subsidiaries: Tzvi Yabetz & Partners Ltd. and Madan Carmel Ltd.
(Source: 10-K405)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202412/31/2023Yes----

Industries
SIC Code Description
1531 Operative builders
6513 Operators of apartment buildings

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board AvinadavGrinshpon 47 12/11/2018 12/24/2007
Chief Executive Officer OrenHod 55 3/15/2011 3/15/2011
Chief Financial Officer AharonFrenkel 45 6/22/2006 6/22/2006
10 additional Officers and Directors records available in full report.

Business Names
Business Name
AFRE
Africa Israel Residences Ltd.

General Information
Number of Employees: 61 (As of 12/31/2023)
Outstanding Shares: 12,643,536 (As of 9/30/2024)
Stock Exchange: TLV
Fax Number: +972 35119301


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Monday, December 2, 2024