Airport City traded at 5,727.00 this Monday July 6th, increasing 88.00 or 1.56 percent since the previous trading session. Looking back, over the last four weeks, Airport City gained 6.06 percent. Over the last 12 months, its price fell by 8.37 percent. Looking ahead, we forecast Airport City to be priced at 5,462.50 by the end of this quarter and at 4,965.46 in one year, according to Trading Economics global macro models projections and analysts expectations.
Airport City Ltd is an Israel-based company engaged in the real estate sector. The Company is engaged in two fields: income-yielding properties and residential projects. The Company’s properties, in Israel and abroad, include central bus stations, parking lots, shopping and commercial centers, shopping malls, office buildings, logistical centers and gas stations. The Company is engaged in initiating, planning, developing, acquiring, managing, improving and realizing investments in the area of real estate in Israel and abroad. In addition, the Company holds a number of hotels in Europe and in Israel. Airport City Ltd is the entrepreneur, designer, developer and owner of Airport City industrial park. The Company’s shareholders are Bank Leumi Investment Company Ltd, The JOEL Group Jerusalem Oil Exploration Ltd and Parol Investments and Trade 1999 Ltd.