Dimri family buys units in YH Dimri’s Sde Dov project

YH Dimri (TASE: DIMRI), one of many largest firms in residential actual property in Israel, reported a point of restoration in dwelling gross sales as compared with the primary quarter of final 12 months.

Within the first quarter of 2026, the corporate offered 177 housing models for an combination NIS 485.8 million, which compares with gross sales of 160 models for NIS 369.3 million within the corresponding quarter of 2025.

Regardless of the restoration within the fee of gross sales, Dimri stresses that throughout the Roaring Lion operation towards Iran gross sales of recent properties slowed “primarily due to a short lived dip in demand and an inclination for households to postpone buy choices in the beginning of the hostilities.” The corporate additionally says that because the quarter wore on gross sales step by step stabilized and demand cautiously returned.

Within the last quarter of 2025 Dimri offered 295 models for an combination NIS 674 million, greater than within the last quarter of the earlier 12 months, however the firm nonetheless offered 21% fewer models in 2025 as a complete in contrast with 2024.

In Dimri’s flagship Yama challenge on the Sde Dov web site in Tel Aviv, simply 9 models have been offered within the first quarter of this 12 months, along with the 41 models offered since gross sales within the challenge, which totals 458 models, started. The corporate’s report reveals that of the 9 models offered, 4 have been purchased by Dimri himself and members of his household, at costs of almost NIS 6 million every.

Dimri’s gross revenue amounted to NIS 153.4 million within the first quarter of 2026, versus NIS 297.7 million within the corresponding quarter, when the corporate recorded a NIS 150 million achieve on the sale of land in Hadera. Excluding that sale, gross revenue within the first quarter of 2026 was 4.8% than within the corresponding quarter.

Dimri posted a web revenue of NIS 75.5 million for the primary quarter, 63% lower than within the corresponding quarter, the decline arising, as talked about, from the sale of land within the first quarter of final 12 months.

30% of the gross sales within the first quarter of this 12 months have been on particular financing phrases. 25% have been on deferred fee phrases, whereas 5% have been purchased with contractor’s loans.

Printed by Globes, Israel enterprise information – en.globes.co.il – on Could 28, 2026.

© Copyright of Globes Writer Itonut (1983) Ltd., 2026.