Aspen Real Estateאספן נדל"ן

Head office: 20 Lincoln St., Tel Aviv, Israel Tel.: +972-35652222 www.aspen.co.il



A real estate firm that rents out industrial spaces in settlements in the occupied West Bank through two of its subsidiaries: Ariel Industrial Buildings (50%) in the Barkan I.Z. and Sagui Industrial Buildings (50%) in Immanuel.



Ownership

Major shareholder (86.62%) is Aspen Group, a company controlled by Rony Zarom. Other shareholders include: Challenge Partners (11.34%), D.S Apex Holdings (9.69%), Menora Mivtachim Holdings (5.15%), Excellence Investments (5.04%) and Ilan Gifman, CEO (2.85%).


Subsidiaries

Subsidiaries in Israel include: Industrial Buildings in the North (50%), the “mother company” of Ariel Industrial Buildings and Sagui Industrial Buildings, the other 50% are held by Ashlad; North Star (Cocav Tzafon) Mall in Ma’alot (100%); L. Andy Investments (100%); Mario Leznik Nofach (100%); Mario Leznik Galit Construction (100%); Golmar Investments Development and Building (50%); A.A. Sapir (50%).

The company rents out commercial spaces, offices and medical clinics in Switzerland and Germany through its subsidiaries. Subsidiaries abroad include: Aspen Real Estate Investments, a Dutch company (100%), Aspen Real Estate Germany Management (100%), Aspen Real Estate Germany Idstein (100%), Pompeian Investment, a Cypriote company (50%), Chlonita, a Cypriote company (50%) and Aspen Real Estate Switzerland.

All the information contained in this page is valid until Wed 30/09/2009