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 Property & Building Corporation Ltd. (PBC) is a public company, traded on the Tel Aviv Stock Exchange (TASE) as PTBL. PBC is one of Israel's largest, most experienced and prestigious real estate groups. Since its founding in 1961, PBC has become an industry specialist and a global participant in the fields of real estate investment, development and management. PBC owns commercial income producing properties totaling 11.5 million square feet in Israel, with an additional 3 million square feet in Europe and the United States. PBC is the real estate arm of the IDB Group. PBC purchased 452 Fifth Avenue in April 2010. www.pbc.co.il/en |