The war did not harm: Melisron and Azrieli with good reports in the first quarter
Globes brings the stories of the reporting season on the Tel Aviv Stock Exchange that you may have missed • The revenues of Melisron and Azrieli were indeed slightly affected due to the closure of…
Assessment
Two major Israeli real estate firms, Melisron and Azrieli, reported strong first-quarter results despite the ongoing war. The slight revenue dip from early war-related mall closures was not enough to derail overall positive performance. This suggests the commercial real estate sector is proving more resilient than initial fears anticipated. The next question is whether this momentum can hold through the remainder of the year.