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Reisdor

Residential projects and income-producing real estate

Sector: ConstructionMarket cap:
All analyses

Analyses on Reisdor (1)

Reisdor in 2025: reported profit rose, but the real story moved to earnings quality, cash, and land

Reisdor exits 2025 with a larger balance sheet and wide covenant room, but much of the profit improvement came from property revaluations and financing effects, so 2026 will be judged mainly on whether balance-sheet expansion turns into land conversion, sales, execution, and cas…

March 31, 2026
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Follow-up dives

Follow-up dives on Reisdor (2)

Follow-up

Reisdor: the January 2026 land deals and the balance-sheet load they create

Reisdor's three January 2026 land deals push the company into a stage where balance-sheet load matters more than land quality. At least about ILS 352.4 million already sits on loans and VAT facilities, and the Ramat Gan deal still carries about ILS 256 million of remaining consi…

March 31, 2026
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Follow-up

Reisdor: how much of 2025 profit is real economics and how much is revaluation

In 2025 Reisdor reported strong earnings, but more than half of pretax profit came from investment-property revaluation and positive net finance income while the operating core and implied Q4 both weakened sharply.

March 31, 2026
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