Mega OR

Income producing of commercial & logisics real-estate.

Sector: Investment-Properties In IsraelMarket cap: NIS 19.6B
All analyses

Analyses on Mega OR (1)

Mega Or 2025: The Core Is Stronger, but the Execution Test Shifts to Funding and Data Centers

Mega Or enters 2026 with a stronger real estate core and a steadier balance sheet, but the story is shifting from what already exists to what still has to be executed: funding, power, occupancy, and monetization in Data Centers and energy.

February 26, 2026
Follow-up dives

Follow-up dives on Mega OR (2)

Follow-up

Mega Or: Earnings Quality Between NOI, DIC, and Revaluations

Mega Or’s 2025 earnings quality is defined far less by the NIS 849.0 million bottom line than by the range between NIS 291.7 million of FFO after management expenses and NIS 253.9 million of operating cash flow. Above that recurring base sits a heavy layer of property revaluatio…

February 26, 2026
Follow-up

Mega Or: The 2026-2027 Funding Test

Mega Or enters 2026-2027 not with an asset-yield problem but with a funding-and-execution test: recurring cash generation is far smaller than the repayment schedule, so the key is refinancing, collateral release, and turning unencumbered assets into real liquidity.

February 26, 2026