Yigal Damri

The Tel Aviv Stock Exchange is bracing for its index update, with contractor Yigal Damri, Shufersal, and Kenon facing potential exclusion from the TA-35 index amid shifting market values.

Yigal Damri, founder and CEO of Y.H. Dimri, received a lifetime achievement award from the Negev Contractors Association for his decades-long contribution to the real estate sector and the development of the Negev.

After his salary terms were updated, and the chairman of I.H. Damri will earn up to 8 million shekels per year, he continues to increase his stake in the company. What is the reason for this move and what is his percentage of holdings today?

This week's real estate highlights include a new ranking of urban renewal leaders, government initiatives for mortgage subsidies, and major corporate moves. From land distribution for reservists to luxury market insights, here is the latest industry news.

Following shareholder opposition and an updated proposal, Yigal Damri's compensation terms were approved by a narrow margin. Here are the details of the new agreement.

The owner of Y.H. Damri explains why he bought apartments for himself and his children in Sde Dov and denied it was done to boost sales: "Sde Dov is going to be one of the best neighborhoods in the country. We have done over 41 deals. Not the pace we expected, but I am not worried."