Wire · technology
NOI and FFO grew modestly, with data center expansion and new contracts driving future growth
◆ Sectors
Proptech
◆ Geography
Israel
◆ Source
◆ Verified
Fusion42 · 21 August 2026 · Fusion42 review
Azrieli Group reported modest growth in NOI and FFO driven by data center expansion and new long-term contracts, boosting contracted NOI past ILS 1 billion. Key development projects remain on schedule despite foreign exchange challenges.
This Wire brief sits within Fusion42's coverage of Proptech.
◆ ◆ The Wire takeaway
Data center growth in Israel is accelerating with long-term deals now exceeding ILS 1 billion contracted NOI. You can tap into rising demand for data infrastructure by targeting expansions and partnerships in this market.
◆ Coverage
1 source · 19 Aug 2026
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◆ Topics
Proptechnoi-growthdata-centerscontractsreal-estateisrael