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Norstar Holdings Inc. (Panama)

Main Activities: Real Estate Property Managers
Full name: Norstar Holdings Inc. Profile Updated: March 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Spanish Download a sample report

The Company is an Israel-based international real estate investment company. The Company is the major shareholder of Gazit Globe, a multi-national real estate investment company engaged in the acquisition, development, and management of supermarket-anchored shopping centers. The Group operates in more than 20 countries and owns and manages approximately 650 properties with a gross leasable area of approximately 6.3 million square meters. Gazit Incorporated owns and operates through several subsidiaries. The group's operations in the United States are conducted through Equity One Inc., Royal Senior Care LLC, and ProMed Properties Inc., and in Canada through First Capital Realty Inc. and Gazit America Inc. Its activities in Europe are carried out through Citycon Oyj. and Atrium European Real Estate, among others. The Group's operations in Israel are conducted through its subsidiaries, Gazit-Globe Israel (Development) Ltd. and Acad Building Investments Ltd.
2011 - Sold assets for 473mil USD
2007 - Acquired holdings in ORMAT, holds 12.1, total investment 688mil ILS
2007 - Sold land in Texas, profit - 13mil ILS
1962 - Incorporated in Panama

Headquarters
Abba Hillel Silver 16
Ramat Gan; Tel Aviv; Postal Code: 52506

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Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1962
Key Executives
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Chief Executive Officer
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
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Secretary
Ownership Details
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14.64%
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9.96%
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9.56%
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7.19%
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5.38%
Subsidiaries
Norstar Underwriting Ltd (Israel)
100%
Gazit-Globe Ltd (Israel)
50.23%
G City Ltd. (Israel)
Company Performance
Financial values in the chart are available after Norstar Holdings Inc. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency ILS. Absolute financial data is included in the purchased report.
Net sales revenue
4.78%
Total operating revenue
-1.75%
Operating profit (EBIT)
N/A
EBITDA
-5.96%
Net Profit (Loss) for the Period
N/A
Total assets
1.07%
Total equity
2.24%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Debt to Equity Ratio
-15.17%
Quick Ratio
-0.29%
Cash Ratio
-0.09%

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