![Delek Property Development logo](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 20 20"><rect fill="%23e5e7eb" width="20" height="20" rx="4"/></svg>)
October 2026
Largest Buildings & Property Public Companies in Israel
Benchmark revenue and EBITDA valuation multiples for public comps like
Azrieli Group, IES Holdings, Lahav L R Real Estate, Ari Real Estate (Arena) and Sella Capital Real Estate.
 | Azrieli Group Ltd manages and operates companies that own properties across Israel, subsidiaries in the energy, water, and environment industries, a card company, and a bank. The company's income-producing properties include shopping malls, office towers, industrial buildings, and residential properties. In addition to owning properties in Israel, the portfolio consists of a minor number of international properties. Under the energy business, holdings include marketing and distribution of refined oil and water desalination, wastewater purification, and sludge treatment facilities. | $120 | +14% | $15B | $15B | 11.9x | 13.6x | ||
| IES Holdings Ltd is an investment and holding group principally engaged in real estate investment and leasing, including key projects such as the Palmachim Industrial Park in Israel and international real estate like Aloha Royal in Marbella, Spain. | $227 | -- | $1.3B | $1.1B | 52.7x | - | ||
| Lahav L R Real Estate Ltd invests in income-yielding properties in Israel. It is a part of the Gaon Group. The company is engaged in income-producing real estate in Western Europe and in solar energy. Its real estate properties include shopping centers and office buildings. The company's segments are Real estate in Germany, Renewable Energy, Fuel Products in Israel, Real Estate in Israel, Collection and treatment of waste and operation of a transit station and the majority of its revenue is generated from the Fuel Products in Isreal. | $4 | -- | $1.2B | $1.4B | 8.3x | 14.6x | ||
| Ari Real Estate (Arena) Investment Ltd operates mainly in two fields which is trading centers domestically in Israel and internationally. In Israel, the company specializes in the initiation, construction, purchase, rental, management, and maintenance of malls and commercial centers. Their comprehensive services extend to enhancing operational efficiency and tenant satisfaction, covering all aspects of real estate development and management to ensure effective utilization and upkeep of retail and commercial spaces. | $2 | -- | $694M | $1.2B | 33.2x | - | ||
| Sella Capital Real Estate Ltd is an Israel based company engages in the acquisition, management, holding, and rental of yielding real estate properties. | $3 | -- | $682M | $1.9B | 14.5x | 16.0x | ||
| Rotshtein Realestate Ltd is engaged in the development and construction of residential properties. It also owns, operates and leases high-yielding properties. | $22 | -- | $393M | $766M | 5.3x | 8.6x | ||
| Delek Property Development Ltd is an Israel-based company. The Company operates in the real estate sector, engaged in the ownership, management, development, and value enhancement of commercial and residential properties and land reserves. | $20 | -- | $363M | $617M | - | 47.9x | ||
| Hiron-Trade Investments & Industrial Buildings Ltd is engaged in real estate operations, import and export of wood, furniture, hardware, and decorative items. It also engages in providing money lending services. | $703 | -- | $319M | $348M | 5.9x | 8.7x | ||
| Delek Israel Properties (DP) Ltd is engaged in Real estate business operations. | $21 | -- | $315M | $548M | 28.4x | - | ||
| Pie Siam Ltd is engaged in the development, construction and operation of hotels and income-generating real estate in Israel. | $14 | -- | $254M | $757M | 91.2x | - | ||
| Rani Zim Shopping Centers Ltd is engaged in the development, construction and management of shopping centers. It operates in the commercial real estate sector through Zim Center and in the retail sector through Office Depot. Its properties include shopping centers in Arad, Netivot, Beit She'an, Ma'alot. | $1 | -- | $238M | $978M | 16.9x | - | ||
| Sonol Real Estate & Investments Ltd operates in Israel's income-generating real estate sector, focusing on holding, leasing, developing, and improving real estate assets while also initiating new projects. The company manages key logistical sites including fuel distribution terminals and production plants, providing fuel and related services to millions across private and business sectors in Israel. | $13 | -- | $187M | $219M | 12.5x | - | ||
| Shemen Yielding Real Estate Ltd is engaged in Real estate Construction and Property Management Company. It owns in Property Shemen Beach in Haifa, which the company intends to develop. The company's activity is in the field of yielding real estate. | $4 | -- | $162M | $288M | 33.8x | - | ||
| Dorsel Ltd is an Israel-based real estate company. It operates in the ownership, development, and management of income-generating real estate in Israel and internationally. The company's portfolio includes commercial properties used for industrial, commercial, and high-tech purposes. It is involved in the construction, acquisition, and management of these properties. | $6 | -- | $141M | $335M | 10.4x | - | ||
| Buligo Capital Ltd is engaged in organizing the purchase and construction of income-producing real estate in the United States. | $2 | -- | $123M | $125M | 7.5x | 23.9x | ||
| Ravad Ltd is a real estate investment company. The Company engages in three areas of the company itself which are Investment in profitable real estate in Israel, management, maintenance and operation of nursing homes in England and initiation of residential, commercial and office real estate in Israel through a consolidated company. | $3 | -- | $76M | $72M | ||||
| Mishorim Real Estate Investments Ltd operates as a real estate development company. The Company's operations focus on the acquisition and improvement of quality properties. It is engaged in the investment in yielding real estate, commercial properties, and office buildings in Israel and the USA. | $1 | -- | $37M | $475M | ||||
| Orion Retail Properties Ltd is engaged in real estate business focusing on construction and investment properies in abroad. The company operates in the shopping-center sector in Poland. | $0 | -- | $25M | $14M | ||||
| Lodzia Real Estate Ltd together with its subsidiaries, engages in the leasing and development of its income properties. | $6 | -- | $24M | $29M | ||||
| ES Australia Israel Holdings Ltd manages "Beit Gamatronic", a rental of the building areas, maintenance, etc. The company is also engaged in locating transactions of purchase, management, and making investments in the real estate field that yields in Israel, mainly commercial centers and offices. | $4 | -- | $24M | $27M | ||||
| Elbit Imaging Ltd is an Israel based company. The business activity of the group is operated through two segments including Medical industries and devices, and Plots in India. Geographically the business presence is in the region of America, Europe, and ROW. The company derives maximum revenue from the Medical industries and devices segment which operates in the field of life science that includes development, production, and marketing of treatment-oriented medical systems, and for certain cancer diseases in the America region. | $1 | -26% | $17M | $55M | ||||
| Mydas Real Estate Investments Ltd operates as an investment company. It invests in real estate properties, retirement homes and hotels. | $0 | -- | $9M | $62M | ||||
| Median | $4 | -6% | $213M | $412M | 12.5x | 15.3x |
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