S&P World Company Profile
Gav-Yam Bayside Land Corporation Ltd.
(BYSD:Tel-Aviv Stock Exchange)
Company Profile
Status: Full Time Employees:
30
Headquarters: Year Founded:
Israel 1928
Executive Name: Executive Title:
Sharon Schweppe Chief Executive Officer
Year Listed:
1978
Revenue
(TTM)
EBITDA
(TTM)
Revenue
Growth (1 YR)
Net Income
(TTM)
Return on
Equity (TTM)
Total Debt
(MRQ)
$106.5M $71.7M -5.06% $59.1M 14.52% $627.7M
Data as of 03/29/2010
TTM= Trailing Twelve Months; MRQ= Most Recent Quarter
Primary Industry:
Real Estate Management and Development
Gav-Yam Bayside Land Corporation, a real estate company, builds and constructs technology and business parks, offices, and commercial buildings such as logistic centers. It focuses on the initiation, planning, and management of tailor-made projects, which are leased to technology firms. Gav-Yam also develops, markets, and rents housing projects. The company’s clients include IBM Israel R&D laboratories, Elbit Systems, Philips Medical Systems, Maccabi Healthcare Services, Creo, Nike, Pfizer, and Microsoft, among others. Additionally, it owns subsidiaries such as M.T.M. (Matam) Scientific Industries Center Haifa, Gav-Yam Maman Properties in Lod, Ispro (Israeli Properties Rental Corporation), and Science Based Industries. Gav-Yam was founded in 1928 and is based in Haifa, Israel. It operates as a subsidiary of Property & Building Corp.

Investor Contact:
Sharon Schweppe

Email:
info@gav-yam.co.il

Phone:
972-4-853-0053

Fax:
972-4-853-3567

Address:
24 Haparsim St.
P.O. Box 99600
Haifa, 31996
Israel

Other Exchanges & Indices
TA-100, TA Real Estate-15, TA Tel-Div 20
Company Timeline
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May
2009
Jun
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Aug
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Dec
Jan
2010
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Management Discussion

Sharon Schweppe

Chief Executive Officer

Gav-Yam, a subsidiary of Property & Building Corp. and member of the IDB Group, is one of Israel's largest and most established real estate enterprises. The company initiates, plans, builds and manages high-tech business parks, offices and commercial centers, and industrial parks, many of which are customized and leased in advance to leading companies. In addition, the company plans and constructs prestigious, high-quality residential housing projects.
  Income-producing properties: Gav-Yam and its subsidiaries own and manage 765,000 square meters of buildings that are used for high-tech, industry, commerce and offices in Israel. These properties have hundreds of long-term leases and an overall occupancy rate of 95%. Properties are located in prime locations, including Tel Aviv, Herzliya, Haifa, Tirat Hacarmel, Holon, Rehovot, Nes Ziona, Caesarea, Lod, Be'er Ya'akov, ...

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Products
Featured Products
Gav-Yam Center Herzliya
Description:
A six-building complex in the heart of Herzliya Pituach's High-Tech area.
Gav-Yam Park - Haifa bay
Description:
The park contains numerous buildings - one or two storey constructions - which house a wide variety of light industry tenants.
Naveh Ganim, Kiryat Motzkin
Description:
This residential neighbourhood comprises green parks, playgrounds and a wide variety of apartments and buildings, including apartments of 3.5, 4, and 5 rooms, garden apartments, mini-cottages and penthouses.
FINANCIALS
Financial Highlights
Fiscal Year Ends:
December 29, 2009
Most Recent Quarter Ends (MRQ):
29-Mar-10
Profitability
Management Effectiveness
Ratios
Balance Sheet
Cash Flow Statement
Income Statement
Gross Margin (TTM)73.68%
Operating Margin (TTM)66.20%
Return on Capital (TTM)3.99%
TTM = Trailing Twelve Months
LFY = Last Fiscal Year
Data as of 03/29/2010
Ownership
Top 5 Shareholders  
Property & Building Corp.69.30%
Research Coverage
Advisors
Type Name/Company
Auditor Kost Forer Gabbay & Kasierer (member of Ernst & Young Global)
Auditor Somekh Chaikin (member of KPMG International)
Subsidiaries
Learn about BYSD's subsidiaries.
Company Profile:Website:
Privatewww.gav-yam.co.il
Headquarters:Full Time Employees:
Israel
Executive Name:Year Founded:
Executive Title:IPO Listing Date:
Matam Scientific Industries Center Haifa Ltd.
Primary Industry(s):
Real Estate Management and Development

Matam Park, located at the southern entrance to Haifa, is the largest and oldest business and high-tech park in Israel. The park is situated on a main thoroughfare, close to highways 2 and 4, and near central transportation such as the Carmel Beach Railway Station. Matam Park is a closed campus, covering an area of approximately 220,000 square meters with about 8,000 employees. The Park includes buildings covering an area of approximately 270,000 square meters which are rented out to about 50 leading high tech companies such as Intel, Elbit Systems, Microsoft, Philips, Zoran, Google, Yahoo, etc.

Address:
24 Haparsim St.

Haifa,

Israel

Top Clients
Name/Business Description
International Business Machines Corp. (IBM)
IBM Israel's R&D laboratories, including both the Haifa Research Laboratory and the Haifa Development Laboratory, are located in the Haifa University campus, the Tel Aviv University campus, and the Rehovot Technology Park. Gav-Yam established the Haifa Development Laboratory in the Haifa University campus. The complex was built by Matam - Scientific Industries Center Haifa Ltd.
Elbit Systems
Elbit Systems Ltd. develops, manufactures, and integrates defense electronic and electro-optic systems primarily in Israel, the United States, and Europe. The company is involved in military aircraft and helicopter systems; helmet mounted systems; commercial aviation systems and aero structures; unmanned air vehicle systems; naval systems; land vehicle systems; command, control, communications, computer, and intelligence (C4I) systems; electro-optic and countermeasures systems; homeland security systems; electronic warfare (EW) and signal intelligence (SIGINT) systems; and various commercial activities.
Philips Medical Systems
Philips Medical Systems is the world's second largest manufacturer of medical diagnostic equipment. In September 2003, Philips Medical Systems leased a 15,600 square meters building in Gav-Yam's Matam Business Park for a period of 10 years, with rights to extend this period.
Zim Israel Navigation Company
Zim Israel Navigation Company is one of the largest container-shipping companies in the world and is the flagship of Israeli shipping. Gav-Yam leases to Zim and Ofer Brothers Shipping a 31,000 square meter building in the Matam complex.
Maccabi Healthcare Services
Maccabi Healthcare Services provides personalized and individualized medical care to its members, on the basis of free selection among Maccabi's general practitioners and specialists who receive patients in their own clinics. Gav-Yam established the Maccabi Mega-Lab in Rehovot, in cooperation with the Weizman Institute of Science. The 5,300 square meter building was leased in July 2001 by Maccabi for a period of 25 years.
Logisticare
Logisticare supplies a wide range of logistics and chain supply management services. Gav Yam and Maman (Logisticare's parent company), in joint ownership, developed three advanced logistics warehouses of 21,400 square meters leased to Logisticare, since 1995, for a period of 10 years, with rights to entend the lease.
Cellcom
Cellcom Israel Ltd. provides cellular telephone services in Israel. It offers basic and advanced cellular telephone services, text and multimedia messaging services, and advanced cellular content and data services. The company's headquarter offices are located at the Gav Yam center in Herzliya Pituach.
Intel
Intel Corporation designs, manufactures, and sells integrated circuits for computing and communications industries worldwide. It offers microprocessor products used in desktops, nettops, workstations, servers, embedded products, communications products, notebooks, netbooks, mobile Internet devices, and consumer electronics, as well as in embedded designs, such as industrial equipment, point-of-sale systems, panel PCs, automotive information/entertainment systems, and medical equipment. Intel's Israel Development Center is located in the Matam business park in Haifa.
Nike
Nike, Inc. designs, develops, and markets footwear, apparel, equipment, and accessory products worldwide. The company offers various categories of shoes, including running, training, basketball, soccer, sport-inspired urban shoes, and children’s shoes. Nike's Israel offices are located in the Gav Yam center in Herzliya Pituach.
Microsoft
Microsoft Corporation provides software products for computing devices worldwide. Its client segment offers Windows product family that comprises Windows Vista; Windows XP Professional and Home; Media Center Edition; Tablet PC Edition; and other Windows operating systems. One of Microsoft's development centers, among the few centers outside the USA, is located in the Matam business park in Haifa. Microsoft's Israeli R&D center is located in the Gav-Yam Center in Herzliya Pituah.
People
Key Executives
Chairman

Age:

Rafael Bisker
Chairman

Rafael Bisker serves as a Chairman of Property and Building, Bayside Land, Gav-Yam Bayside Land, and various private companies. Previously, he served as Chief Executive Officer of Ganden Holdings; and Chief Executive Officer of Dankner Investments. He serves as Director of Cellcom Israel and Member of the Board of Directors of IDB Holding, IDB Development, Discount Investment, Clal Industries and Investments, Super-Sol, Ganden Holdings, ISPRO The Israel Properties Rental, Mehadrin, and various private companies. Bisker holds a BSc in civil engineering from the Technion, Israel Institute of Technology.
Chief Executive Officer

Age:

Sharon Schweppe
Chief Executive Officer

Sharon Schweppe serves as Chief Executive Officer for Gav-Yam Bayside Land. She is also the Board Member of the company’s investee companies.
Chief Financial Officer

Age:

Mark Zack
Chief Financial Officer

Deputy CEO

Age:

Avi Jacobovitz
Deputy CEO

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