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PromotorasAshtrom Group

Ashtrom Group

קבוצת אשטרום

Ashtrom Group es un grupo cotizado en Tel Aviv de construcción, inmobiliario e industrias de la edificación, fundado en 1963. No posee suelo en Sde Dov: es la constructora principal de RAINBOW para Israel Canada, una torre de 40 plantas y seis edificios de 8 plantas con unas 459 viviendas, bajo un contrato de unos ₪736 millones firmado en diciembre de 2025 y reportado el 1 de enero de 2026. Las obras comenzaron en enero de 2026, con la última fase prevista unos cuatro años y medio después; no se encontró ningún otro contrato de la empresa en Sde Dov.

La empresa

Razón social
Ashtrom Group Ltd קבוצת אשטרום בע"מ
Fundada en
1963, by five founders
Sede
Israel
Cotiza
TASE: ASHG
Propiedad
Public, in the TA-90 index. S&P Maalot affirmed its rating with a stable outlook in April 2026. Chairman Avraham (Rami) Nussbaum, CEO Gil Giron. The Sde Dov works are carried out by Ashtrom Engineering and Construction, a subsidiary of Ashtrom Contracting.
Tamaño
For 2025: revenue about ₪4.65B, net profit about ₪287M (about ₪270M attributable to shareholders), EBITDA about ₪671M, order backlog about ₪9.5B, and a ₪100M dividend (results published March 2026). In 2026 it moved to losses: about ₪40M in the first quarter and ₪78M in the second, on net finance costs of ₪223M in the second quarter; equity attributable to shareholders was about ₪5.1B at 30 June 2026. Around 120,000 residential units and 3.5M sqm of commercial space built historically (company-stated).
En otros lugares
  • Eight divisions: contracting and infrastructure, residential development, rental housing, income property in Israel, Germany and England, building industries, renewable energy, concessions and international work
  • Shikun HaRofim, next to Sheba Medical Center: 1,189 homes for rent and sale, about ₪2.2B, won December 2025, due 2031 to 2032
  • Rental housing: fifth project completed at Neve Ayalon in early 2026; about 3,280 rental homes planned once Shikun HaRofim is complete
  • RISHO, Ha'Elef complex, Rishon LeZion: five office buildings with the Phoenix group (Ashtrom Properties)
  • Renewable energy in Texas, including EL PATRIMONIO, about 195 MWdc (from 2025)
  • Completed: Da Vinci Towers in Tel Aviv, Beresheet Hotel in Mitzpe Ramon, LYFE Towers in Bnei Brak, the New Haifa Bay Port (company site)
No confundir con
Ashtrom holds no land at Sde Dov. Its role here is as a contractor, building RAINBOW for Israel Canada. It is also not the district's infrastructure contractor, which is Galnor.

Timeline

En el registro público

Hechos publicados que un comprador querrá conocer antes de firmar, cada uno con su fuente.

Net losses in the first half of 2026

After a 2025 net profit of about ₪287M, Ashtrom reported a net loss of about ₪40M in the first quarter of 2026, mainly from a negative revaluation in rental housing, and a net loss of ₪78M in the second quarter, mainly from ₪223M of net finance costs. Its order backlog stood at about ₪9.5B and Maalot kept a stable outlook in April 2026. Buyers in RAINBOW contract with Israel Canada, not with Ashtrom.

Fuentes

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