Developing orchards & agriculture properties.
Citrus Plantations posted an unusually strong 2025 profit, but most of it was built on revaluations and a large other-income item, while the recurring rental base remained small and highly dependent on one related-party tenant.
The Beit Dagan line reflects partial monetization of an old land right plus accounting recognition of an additional portion that had not yet been collected, not a new recurring profit engine in Matai Hadar's income-producing business.
Matai Hadar's book equity is high on paper, but only a small part sits in a layer that can be monetized quickly. Most of the value sits in land and rights whose path to cash is much longer than the balance sheet headline suggests.
