Israel Canada
ISCN
Native name
ישראל קנדה (ט.ר) בע"מ
Company typePublic
TLV: ISCN
GenreReal estate
Headquarters,
RevenueNIS 547 million (2023)
Total equityNIS 3.06 billion (2023)
Number of employees
800

Israel Canada (Hebrew: ישראל קנדה (ט.ר) בע"מ) is an Israeli public real estate company. The company is involved in residential projects, commercial properties, hotels, buying groups, and land development, both in Israel and outside it. As of August 2024, its market value is estimated at NIS 4.4 billion. The company is controlled by Barak Rosen, who serves as CEO, and Asaf Tochmeyer, who serves as chairman of the board.

History

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Israel Canada was founded by Barak Rosen and Assi Tuchmeyer. The two founders began their careers as real estate agents in a local office in the early 1990s and decided to collaborate to establish their own real estate company in 1995. The company was named "Canada-Israel" after they started investing in real estate transactions in Toronto in 2000. Later, they founded a public company, traded on the Tel Aviv Stock Exchange, called "Israel Canada". the company remains a private company, and the majority of its real estate activities are focused on projects outside of Israel.[1]

In February 2018, "Israel Canada" was included in the TA-125 Index.[2]

As of January 2022, the company's value was approximately NIS 6.2 billion (equal to $1.6 billion).

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References

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  1. ^ פרוינד, אורן (2017-01-30). "הילדים הרעים של שוק הנדל"ן הכפילו את שוויים ב־2016". כלכליסט - www.calcalist.co.il. Retrieved 2024-09-06.
  2. ^ לוי, אביב (2017-12-04). "טוכמאייר ורוזן שולחים את ישראל קנדה למדד ת"א 125". Globes. Retrieved 2024-09-06.