Alony Hetz

What Alony Hetz does

Alony Hetz Properties and Investments Ltd. (TASE: ALHE) is an Israeli publicly traded holding company founded in 1989 and headquartered at Amot Atrium Tower in Ramat Gan. It invests in long-term, income-generating commercial real estate in Israel, the United States, and the United Kingdom, alongside a significant stake in renewable energy through Energix. The company operates through four majority-owned subsidiaries: Amot Investments (50%, Israeli office/retail/logistics RE with 111 properties and 12.9M sq ft), CARR Properties (79.9%, trophy and Class A office plus rental residential in Washington D.C., Boston, and Austin), Brockton Everlast (85%, UK office, lab, and innovation hubs in London, Oxford, and Cambridge), and Energix Renewable Energy (49.5%, publicly listed, operating solar, wind, and storage projects in Israel, the U.S., and Europe with 1.7 GW operational and 12.1 GW pipeline).

The company generates recurring revenue primarily through commercial property rental income across its diversified real estate portfolio — supplemented by Energix energy sales under long-term power purchase agreements — and distributes a portion of returns as dividends to shareholders (recently 24–25 agorot per share). Its operating model combines direct property leasing to enterprise corporate tenants (notably pharmaceuticals, banking, technology, and government such as Teva Israel, HSBC, HP, Palantir, and Fannie Mae) with co-investment and capital-partnership arrangements with global financial institutions, including J.P. Morgan Asset Management, Morgan Stanley, MUFG, and Santander. As of Q1 2026, Alony Hetz reported 11.334B NIS in gross assets, 7.32B NIS in market capitalization, and an ilAA-STABLE credit rating from S&P Maalot.

Differentiated technology and sustainability features include LEED Platinum-certified flagship assets (Amot Atrium — the first Israeli office tower to receive this rating — and One Congress, Boston), LEED Gold and Silver certified assets across the U.S. and UK, and a net-zero carbon-designed London development (The Dovetail). The renewable energy platform is built around large-scale solar, wind, and energy storage projects, with technology partnerships spanning SMA Solar Technology (inverters) and First Solar (panels). ESG integration is structurally embedded — the company publishes an ESG report and treats sustainability credentials as core to tenant selection and asset valuation, reflecting a B2B institutional-investor and corporate-tenant customer base served through direct enterprise sales rather than consumer marketing channels.

Name

Alony Hetz

Legal name

Alony-Hetz Properties and Investments Ltd.

Website

https://alony-hetz.com

Company type

Public

Founded year

1989

Operating status

Operating

Headcount range

101–250 employees

Short description

Alony Hetz is an Israeli publicly traded holding company that owns and operates income-generating commercial real estate (Amot, CARR, Brockton Everlast) in Israel, the U.S., and the U.K., and holds a 49.5% stake in publicly listed Energix Renewable Energy, serving enterprise tenants and institutional investors.

Ownership category

akta.pro rank

Headquarters

HQ city

Ramat Gan

HQ country

Israel

HQ region

Middle East

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Commercial Real Estate Rental Income: Alony Hetz generates recurring rental income from its diversified portfolio of commercial properties including office, retail, and logistics spaces in Israel, the US, and UK. The portfolio includes high-quality tenants with long-term leases, providing stable cash flows.
2. Renewable Energy via Energix: Through its 48% stake in Energix (a publicly traded company), Alony Hetz participates in clean energy solutions across solar, wind, and storage. Energix operates projects in Israel, US, and Europe, generating income from energy production and long-term power purchase agreements.
3. Dividend Income: The company pays dividends to shareholders, with recent dividends of 25 agorot per share (Q1 2026) and 24 agorot per share (Q3 2025), demonstrating consistent shareholder returns.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Alony Hetz is a holding company that owns, operates, and leases commercial office, retail, and logistics real estate in Israel via Amot, in the US via CARR Properties, and in the UK via Brockton Everlast, while participating in solar, wind, and energy storage development through a 49.5% stake in Energix. Revenue comes primarily from long-term property leases with corporate tenants and from renewable energy projects operated by Energix and its subsidiaries. The Amot portfolio alone spans 111 properties and 12.9M sq ft, while Energix has 1.7 GW of operational capacity and a 12.1 GW pipeline across Israel, the US, and Europe.

Product overview

Alony Hetz is a leading holding company focused on two core segments: long-term income-generating commercial real estate in Israel and globally, and renewable energy via its stake in Energix. The company operates through four main subsidiaries: Amot (50% ownership) managing office, retail, and logistics properties in Israel with 111 properties totaling 12.9M SQF; CARR Properties (79.9% ownership) developing trophy Class A offices and residential properties in Washington D.C., Boston, and Austin; Brockton Everlast (85% ownership) operating office and innovation hubs in London, Oxford, and Cambridge; and Energix (49.5% ownership) developing and operating solar, wind, and storage projects globally with over 10GW pipeline. The company has gross assets of 11.334B NIS as of Q1 2026.

Differentiator

Problem solved

Functional benefit

Products and services

• Amot Commercial Real Estate Leasing (Israel) Leasing of high-quality office, retail, and logistics spaces to corporate tenants across Israel through a portfolio of 111 properties totaling 12.9M sq ft. Known for ESG leadership (LEED-certified buildings) and financial strength. Alony Hetz holds a 50% stake. Examples include Amot Atrium (LEED Platinum), Amot Platinum Tower, ToHa 1, ToHa 2, and Campus Amot.
• CARR Properties (US Commercial Real Estate) Development, ownership, and leasing of Trophy and Class A offices plus rental residential properties in Washington D.C., Boston, and Austin. Alony Hetz holds 79.9% ownership. Flagship assets include One Congress (LEED Platinum, one million sq ft in Boston), Midtown Center, The Wilson (Bethesda), 200 State (Boston), 1700 New York, 2311 Wilson, 425 Montgomery Street, and 3033 Wilson.
• Brockton Everlast (UK Commercial Real Estate) Development and leasing of cutting-edge office, lab, and innovation hubs across London, Oxford, and Cambridge, targeting financial, technology, insurance, and legal tenants. Alony Hetz holds 85% ownership. Properties include The Dovetail (net-zero carbon design), Cambridge Science Park 1 & 2, and Waterside (LEED Gold).
• Energix Renewable Energy Projects Development, ownership, and operation of solar, wind, and energy storage projects across Israel, the US, and Europe, with over 10GW pipeline and 1.7 GW of operational capacity. Energix sells energy through power purchase agreements (PPAs) and grid connections. Operations include Energix Israel, Energix USA (Mid-Atlantic solar assets), and Energix Poland (338 MW installed wind capacity and expanding solar). Alony Hetz holds 49.5% ownership in this publicly traded subsidiary.

Quantifiable outcome

• Market capitalization of 7.32B NIS
• +4 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered minor and core.

• Oxford PropertiesminorStrategic or Co-development PartnerJoint venture partner with Alony Hetz for One Congress development in Boston, combining local market expertise with international capital.
• Brockton EverlastcoreStrategic or Co-development PartnerSubsidiary operating in UK real estate market (London, Oxford, Cambridge), focusing on office, lab, and innovation hubs. Alony Hetz holds 85% stake.

Scale indicators19 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Derwent London: London-listed REIT focused on design-led, creative office buildings in central London. Directly comparable to Alony Hetz's UK strategy through Brockton Everlast, which targets office, lab, and innovation hubs in London.
• Land Securities Group: UK-listed REIT with major London office and mixed-use developments, including a focus on prime central London campuses. Highly comparable to Alony Hetz's UK operations through Brockton Everlast, which targets office, lab, and innovation hubs in London, Oxford, and Cambridge.
• Gecina: French-listed REIT specializing in prime office properties, residential, and student housing in Paris and major French cities. Comparable as a European office-focused CRE investment company with institutional governance and ESG focus.
• SL Green Realty: Largest office landlord in Manhattan, focused on Class A office properties in NYC. Comparable to Alony Hetz's strategy of owning premium office assets in major US gateway markets through CARR.
• Vornado Realty Trust: US office REIT concentrated in NYC and the DC area, focused on Trophy office assets. Highly comparable to Alony Hetz's CARR platform in DC and the broader US trophy office strategy.
• British Land: UK-listed REIT focused on high-quality office and retail properties, with significant London exposure including campus and innovation hub assets. Directly comparable to Alony Hetz's Brockton Everlast UK platform in London, Oxford, and Cambridge.
• Boston Properties: US office REIT focused on Trophy and Class A office properties in gateway markets including Boston, NYC, DC, San Francisco, and Los Angeles. Directly comparable to CARR Properties (79.9% owned by Alony Hetz), which operates Trophy and Class A offices in DC, Boston, and Austin.
• PSP Swiss Property: Swiss prime commercial real estate company focused on office properties in major Swiss cities. Nathan Hetz (Alony Hetz CEO) holds a board seat at PSP Swiss Property, reflecting direct strategic overlap as a prime office-focused CRE investment company with institutional governance.
• Gazit-Globe: Israeli-headquartered global real estate investment company focused on grocery-anchored shopping centers and mixed-use urban properties. Directly comparable as an Israeli-listed CRE holding company with international operations and similar investor base.

Broad incumbents

• Brookfield Renewable Partners: One of the world's largest publicly traded renewable energy companies, owning and operating hydroelectric, wind, solar, and storage facilities globally. Comparable to Energix (49.5% owned by Alony Hetz) as a publicly traded renewable energy platform, though at much larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutu.be/nnIHUVRNqa8

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries4 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Alony Hetz