The battle against Frankel resulted in assets and building a loss of 705 million shekels

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The battle against Frankel resulted in assets and building a loss of 705 million shekels

Ms. Yam recorded a 9% increase in NOI and 5% in FFO in the first quarter. CEO Avi Jakobowitz: “We went into urban renewal to have another basis for growth.” The controlling owner of Properties and Building, which acquired 37% of Ms. Yam shares from Aaron Frankel two years ago, loses 30% on them