Building residential & commerial projects in israel
Shmuel Baruch ended 2025 with sharp growth in revenue and profit, but it still depends on external financing because earnings did not translate into cash and year-end liquidity remained minimal.
The Nachshon Bitzua tie-up does not yet prove a step-up in development margins. What it already proves is a deep capital-and-governance reset: NIS 20 million of new primary capital into the company, a new 33.33% shareholder with an option to reach 50%, and a framework for up to…
At Shmuel Baruch, the planning and urban-renewal layer does contain real value, but as of year-end 2025 only a small part of it is relatively close to surplus. Most of the big number still has to pass through capital, financing, permits, and the start of execution before it can…
