Yitschak Palombo

Ashtrom Properties Ltd. engages in real estate business. It operates through the following segments: Income-Generating Real Estate and Real Estate Development. The Income-Generating Real Estate segment includes malls and shopping centers, office and employment buildings, industrial buildings, land and buildings intended for rent in Israel and abroad. As part of this segment, Ashtrom Properties also provides management services for most of its assets. The Real Estate Development segment deals with real estate initiating in Israel by purchasing land, improving it, developing it, establishing projects, and selling these areas to buyers. The company was founded in 1963 and is headquartered in Bnei Braq, Israel.