Norstar Holdings Inc develops, rents, and manages real estate properties in Northern Europe, Central and Eastern Europe, Israel, Brazil, and the United States. It develops commerce, residential, and office properties.
Income real-estate trades on FFO yield + debt structure. Watch refinancing walls and lease expiries.
1 high-severity red flag present. Treat as no-touch unless you have a specific contrarian thesis.
| Period | Revenue | Gross profit | Operating income | Net income | Net margin |
|---|---|---|---|---|---|
| 2021-12-31 | — | — | — | — | — |
| 2022-12-31 | ₪2.30B | ₪1.58B | ₪1.20B | ₪-768.00M | -33.3% |
| 2023-12-31 | ₪2.44B | ₪1.67B | ₪1.31B | ₪-665.00M | -27.3% |
| 2024-12-31 | ₪2.53B | ₪1.73B | ₪1.41B | ₪-57.00M | -2.3% |
| 2025-12-31 | ₪2.30B | ₪1.59B | ₪1.29B | ₪-23.00M | -1.0% |
Norstar Holdings Inc develops, rents, and manages real estate properties in Northern Europe, Central and Eastern Europe, Israel, Brazil, and the United States. It develops commerce, residential, and office properties. The company was formerly known as Gazit Inc. and changed its name to Norstar Holdings Inc in May 2011. Norstar Holdings Inc was incorporated in 1962 and is based in Panama City, Panama.
John Scott Bull is an American former professional football player, spending three seasons as a quarterback with the San Francisco 49ers. He played college football at the University of Arkansas.