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Azrieli Group
Azrieli Group is an Israeli real estate and holding company named after its founder David Azrieli. The company is engaged mainly in the development and management of shopping malls and office buildings in Israel. The company is the largest shopping malls company in Israel and manages 13 shopping malls with about 720.000sqm. Azrieli Group is listed on the Tel Aviv Stock Exchange and is included in the TA-25 and the Real-Estate 15 indices.〔(Company Presentation )〕
== History ==
Azrieli Group started its activities in 1982, developing the Ayalon Mall in Ramat Gan. The mall was opened in July 1985, and was the first mall in Israel to have a large shopping complex outside the city centre with a parking lot surrounding it. For this mall David Azrieli invented the word for "mall" in Hebrew, "kanyon". The word ''kanyon'' is a play on the words "kana" which means "to buy" and "henyon" which means "parking space" (due to the large amount of parking spaces near the mall), while at the same time sounding like the English word canyon. With the establishment of this mall, the word ''kanyon'' entered the Hebrew language. The word is now used to describe any covered shopping centre and many malls in Israel since then have been named with "Kanyon" in their title.〔(On Root / Buying into consumerism - Israel has adopted Western shopping culture but has its own way of talking about it. ) Jeremy Benstein | Jul.29, 2012 | Haartez〕
The group opened its second mall, Hanegev Mall in Beer Sheva, in 1989 and a third mall, the Jerusalem Mall in 1993.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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