Most PCB operations involve income generating assets in Israel and abroad. As such, the Group is primarily engaged in the initiation, planning, development, construction, rental, and management of commercial spaces, office buildings and logistic spaces. The Group holds approximately 1,250,000 sqm of income generating assets in both domestic and foreign markets having high occupancy rates and with most tenants being quality tenants with long-term lease agreements that provide the company with a strong and steady cash flow. PBC shares are included in the TA-100 and TA-75 indices.
The company’s long-term abilities, experience and stability provide it with significant competitive advantage which is best expressed by the successful completion of numerous projects and transactions over the years. Among these are the purchasing and betterment of the HSBC building in New York and the construction of many income generating projects in Israel, including Herzliya North, quality residential neighborhoods such as Marom Nave and commercial centers such as Ispro Modiin. PBC’s strategy for growth, primarily in the field of income generating assets, and its substantial liquidity reserves which as of March 31 2014 amount to 2.2 billion NIS, are the foundations upon which the company is able to grow, expand operations, and enter into new business opportunities in it’s primary field of operations, income generation assets, such as the purchase of the HSBC Headquarters building in New York and the Barneys building in Chicago.