Alony Hetz: Nathan Hetz's Cross-Border Real-Estate Platform
Alony Hetz is Nathan Hetz's cross-border real-estate platform — Israeli Amot, US Carr Properties, the historical First Capital Realty Canadian position now exited. TASE: ALHE.
Alony Hetz Properties & Investments is one of the longest-running publicly traded Israeli real-estate holding companies — a cross-border platform owning Israeli, US, and historically Canadian and European commercial property through a stack of listed and unlisted subsidiaries. Nathan Hetz is the founder and the principal figure behind the company's strategy. TASE ticker: ALHE.
Alony Hetz in one paragraph
Alony Hetz is structured as a real-estate holding company. The Israeli leg is Amot Investments — the listed commercial REIT covering Tel Aviv office and retail. The US leg has been expressed through Carr Properties (Washington DC office) and other US investments. The Canadian leg historically ran through First Capital Realty, since exited. The European leg has been expressed through investments in UK and German commercial property. The pattern is consistent — institutional-grade commercial real estate in a small number of liquid, gateway markets, held in vehicles that allow capital recycling.
Nathan Hetz and the operating thesis
Nathan Hetz co-founded Alony Hetz alongside the late Aharon Alony in the 1990s. Hetz has guided the company through cycles that include the dot-com cycle, the 2008 global financial crisis, the negative-rate era in Europe, and the post-pandemic office-demand reset. The thesis has held — own scarce institutional-quality buildings in markets where supply does not keep up.
Why Alony Hetz reads differently than peers
Most Israeli publicly traded real-estate holding companies overweight a single geography. Alony Hetz has been deliberately cross-border for decades, with discipline about both entry and exit. The First Capital Realty exit is the case study — an Israeli holding company built, scaled, and then monetized a Canadian REIT position over roughly two decades. The structural lesson is that an Israeli holding-company chassis can carry global commercial real-estate exposure if the underlying assets are institutional-grade.
FAQ
What is Alony Hetz?
Alony Hetz Properties & Investments is a publicly traded Israeli real-estate holding company with assets in Israel, the United States, and historically Canada and Europe.
Who founded Alony Hetz?
Nathan Hetz and Aharon Alony co-founded the company. Nathan Hetz remains the principal operating figure.
What does Alony Hetz own?
Amot Investments (Israeli commercial real estate), Carr Properties (US office), and historical positions in First Capital Realty (Canada) and European commercial real estate.
Is Alony Hetz publicly traded?
Yes. Alony Hetz trades on the Tel Aviv Stock Exchange under the ticker ALHE.
בעברית
אלוני חץ נכסים והשקעות היא אחת מחברות האחזקות הוותיקות בנדל״ן ציבורי בישראל — פלטפורמה חוצת גבולות המחזיקה בנדל״ן מניב בישראל, בארצות הברית, ובעבר בקנדה ובאירופה. נתן חץ הוא המייסד והדמות המרכזית מאחורי האסטרטגיה. הזרוע הישראלית היא אמות. הזרוע האמריקאית מתבטאת דרך Carr Properties. ההחזקה ההיסטורית בקנדה ב־First Capital Realty מומשה לאחר כעשרים שנה — סיפור מקרה לא שכיח של אחזקה ישראלית שבונה ומממשת תיק קנדי לאורך מחזור.
