Financial Education
Miki Peled
Big shopping centers group concluded applebees coupons the first half of the year with a 25% increase in revenue over the same period last year. During the first half the company's revenues totaled managing 48 shopping centers in Israel, the U.S., India and Serbia in 136 million.
The increase in revenue was mainly due to additional income from rents received M"ootrfront ", the second largest shopping center in Pittsburgh, acquired by the Group at the end of 2012 and contributed revenues of 28 million in the first half. Big Mall, Beit Shemesh opened by the Group at the end of the first quarter was one of the factors that led to an increase in revenue and contributed to five million.
At the same time, the sale of the Company's share (50%) in Big NITSBA Poleg late 2012 resulted in a decrease of NIS 10 million in revenues in the first half of the year. Big expenses on operating assets applebees coupons in the first half increased 94% to $ 33 million, mainly due to the acquisition of the mall in the U.S..
Competition among malls in Beer Sheva is not expressed so far in rent Big Beer Sheva. Average rent per square meter and were not changed in the second quarter of 2013 to NIS 111 per month, compared with NIS 112 per month in the same quarter.
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