Building residential & office projects in israel.
Levinstein Engineering exited 2025 with a stronger balance sheet, a broader income-producing platform, and an unusually deep development pipeline, but earnings quality is still not clean because too much of the year rests on an unusually strong fourth quarter and on engines that…
ALFA is already creating balance-sheet value for Levinstein, but only a smaller portion of the value now attached to it is meant to become recurring NOI, and even that only after a capital-heavy construction process turns into real operation. Value at completion, development pro…
The old central station site remains a very material asset for Levinstein even after NIS 1.126 billion of deductions and a delay assumption of up to five years, but it barely created new value in 2025 and the NIS 749.15 million carrying value depends mainly on planning speed and…
Levinstein's total urban-renewal headline is very large, but the part truly close to execution and profit is much narrower: only NIS 4.579 billion of revenue and NIS 642 million of gross profit sit in projects expected to start within two years, while a large share of the value…
