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Gabay Group

The company operates in residential development and income-producing real estate.

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Analyses on Gabay Group (4)

  1. March 30, 2026
    1. Follow-up

      Gabay Group: Was 2025 Sales Velocity Driven by Real Demand or by Customer Financing Support?

      Gabay's 2025 sales pace did not rest only on organic end-demand. It also relied in a meaningful way on customer financing support. The company sold apartments, but a large share of those sales came through CPI-linkage waivers, 80%-20% and 85%-15% payment structures, and at times…

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    2. Follow-up

      Beit Gabay and Sky Center: How Much of Gabay’s Cushion Comes from NOI, and How Much from Appraisal and Future Lease-Up?

      Beit Gabay gives Gabay a layer of value that is partly supported by current NOI and partly by rights and future redevelopment assumptions, while Sky Center at year-end 2025 still rests almost entirely on appraisal, completion, and future lease-up. The income-producing cushion is…

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    3. Follow-up

      Gabay Group: Was the Mor Breach Truly Cured, or Did the Balance Sheet Only Buy Time?

      The breach against Mor now looks like a technical event that was cured or is about to be cured, but not one that proves Gabay’s balance sheet is already comfortable again. The IPO, the waiver, and Series B removed an immediate pressure point, yet a NIS 371 million working-capita…

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    4. Gabay Group: The Income-Producing Assets Are Holding Up, but the Bottleneck Is Still the Balance Sheet

      Gabay Group’s income-producing arm is holding up the picture, but as of the end of 2025 the company is still being judged mainly on its ability to bridge project and appraisal value into real liquidity. Negative operating cash flow, the working-capital deficit, and the Mor breac…

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