Gav-Yam is one of Israel’s largest and best-established real estate companies. It is a subsidiary of the Property & Building Corp., part of the IDB Group.
Gav-Yam’s main areas of activity are initiating, planning, constructing, and managing hi-tech parks, industrial parks, commercial properties, office buildings, logistics centers, and residential neighborhoods. Gav-Yam was founded in 1928 by the Israel Economic Corporation (PEC) as a public company for the purpose of developing industrial infrastructure. Since its establishment more than 80 years ago, Gav-Yam has played a key role in the economic development of both pre-State Israel and the modern State of Israel, while initiating a wide variety of projects in addition to constructing many office buildings and industrial facilities throughout the country.
The company has been traded on the Tel Aviv Stock Exchange since 1978. Today, its stocks are included in the leading real estate indexes and the major company index (TA 100, Real Estate 15, Tel Bond 60). The company’s bonds are rated Aa3 by Midroog and AA- by Maalot.
Gav-Yam is always looking to the future and setting itself new goals in order to continue standing at the forefront of Israel’s business sector and real estate market. The company constantly undertakes strategic initiatives, examines new opportunities, and rapidly responds to changes and trends within in the real estate market.
Gav-Yam will continue to cement its position as an Israeli leader in the field of constructing sophisticated, tailor-made buildings with long-term leases that put the client’s needs first. In addition, Gav-Yam will regularly examine options to develop new areas in Israel and improve existing sites in prime locations, while also broadening its business horizons.