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 company holds approximately 311,000 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.
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 other income generating projects in Israel,, 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 December 31 2020 amount to 1.8 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.
