![Naphtha Israel Petroleum 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>)
May 2026
📣 VC round data is live. Check it out!
Largest Real Estate Development Public Companies in Israel
Benchmark revenue and EBITDA valuation multiples for public comps like
Mega Or Holdings, Gav-Yam Lands, AFI Properties, ISRAEL CANADA and Airport City.
 | Mega Or Holdings Ltd, through its subsidiaries, engaged in the development and management of yielding real estate in the field of commercial and logistics centers in Israel. | $230 | +353% | $9B | $10B | 86.1x | 23.6x | ||
| Gav-Yam Lands Corp Ltd is a real estate company. It specializes in the initiation, planning, development, construction, leasing, maintenance, and management of hi-tech, logistics, and industrial parks and centers nationwide, as well as in the construction of dedicated complexes planned for long-term leasing. Through a wholly owned subsidiary, Gav-Yam also provides a variety of maintenance management services to tenants throughout the leasing period. | $14 | +14% | $3B | $6B | 19.5x | 13.0x | ||
| AFI Properties Ltd is a real estate developer which initiates, constructs, rents and operates industrial buildings, offices, and commercial properties in Israel and Europe. The company also develops residential projects in Europe. The company's commercial buildings include Beit Harofim, Vertex House, The Main Commercial Center and Stage Center. Its shopping malls consist of Lev Hamoshava at City Center, Lev Talpiot, The Panorama Center and Big Fashion. Its offices portfolio includes Psagot Tower, Concorde Tower and AFI Square-Tel Aviv. Its logistic parks include Rehovot Science Park, Global Park Lod, Weitzmann Science Park and Migdal HaEmek Science Park. | $71 | +14% | $3B | $7B | 12.6x | 11.3x | ||
| ISRAEL CANADA (T R) Ltd is involved in locating, promoting and enhancing properties. The company invests in selected real estate projects in Israel and abroad, while offering its investors a variety of investment alternatives. The company possesses extensive assets in strategic locations in Israel and North America, from residential projects, through commercial assets. | $7 | +47% | $2B | $5B | 16.6x | 52.0x | ||
| Airport City Ltd is an Israel-based company engaged in the real estate sector. The company is engaged in planning, developing, acquiring, managing, improving and realizing investments in the area of real estate in Israel and abroad. | $19 | -6% | $2B | $4B | 9.1x | 8.4x | ||
| Aura Investments Ltd provides real estate services. The company is involved in planning, developing and marketing of residential and commercial real estate properties. It constructs residential properties as well as develops urban renewal projects. | $6 | -19% | $2B | $3B | 4.5x | 17.5x | ||
| Blue Square Real Estate Ltd is engaged in the development and rental of real estate properties. The company is engaged in innovation, development, and the improvement of commercial properties, shopping malls, logistics centers, and office towers. The company also undertakes residential, mixed-use, and urban renewal projects in high-demand regions. | $129 | +3% | $2B | $3B | 13.9x | 8.1x | ||
| Reit 1 Ltd is a player in the real estate sector based in Israel. It conducts businesses of a real estate investment fund and focusses on properties such as office buildings, commercial centers, industrial buildings and apartments for rent. The company's business activities include holding income-generating properties, majority of which are located in the center of the country, and are mainly used for offices, commerce, industry, logistics, nursing hospitals, parking lots and hotels. | $7 | +3% | $2B | $3B | 17.8x | 12.8x | ||
| Azorim Investment Development & Construction Co Ltd plans, develops, constructs, and sells residential apartments and building projects in Israel. Its projects include leisure complexes, public facilities, shopping centers and green open spaces, tailored to the nature and needs of the residents. | $6 | -24% | $1B | $3B | 4.3x | 15.5x | ||
| Prashkovsky Investments and Construction Ltd is engaged in construction and development of real estate projects. It undertakes residential, commercial, industrial and office projects. Its commercial projects include Santo streets, Hadera commercial, Rosh HaAyin, Shoham 204 units, Rehovot Hame'adah. | $56 | +47% | $1B | $3B | 7.4x | 27.6x | ||
| Villar International Ltd provides real estate services. Its business activities include building & acquisition of industrial & residential real estate properties. It also provides services like archive & storage services & safety equipments. | $66 | -5% | $1B | $2B | 12.5x | 9.8x | ||
| Rami Levi Hashikma Real Estate Ltd is a real estate company that initiates, establishes, owns and manages properties from Kiryat Shmona to Eilat in various designations of residence, urban renewal, logistics, hotels, industry, commerce and shopping malls. Its projects include: Atarot Mall Jerusalem, Atarot - Lot 86 in the industry, Mevaseret Zion Mall, Rami Levi Mall + Talpiot, Talpiot Commercial Center, Emek Refaim 43, Ein Hemed Commercial Center, and others. | $13 | -- | $1B | $1B | 48.0x | 16.5x | ||
| Kvutzat Acro Ltd is engaged in the construction and improvement of large-scale projects in high-demand areas. It is focused on initiating, developing, and completing various structures, including residences, offices, and commercial buildings, as well as hotels. | $17 | -7% | $1B | $2B | 11.0x | 18.2x | ||
| Amos Luzon Development And Energy Group Ltd is engaged in construction in Israel. It provides real estate services. It develops, manages & constructs real estate properties like houses, hotels, shopping centers & commercial centers. Its constructions projects includes residential, office, industrial, hotel, public buildings and complex engineering projects. | $2 | -- | $1B | $2B | 4.9x | 24.1x | ||
| Luzon Ronson NV is engaged in the initiation, development, establishment, marketing, and sale of residential real estate in Poland and Israel. It is also engaged in the field of energy infrastructure. | $16 | -- | $997M | $2B | 11.1x | 46.6x | ||
| Africa Israel Residences Ltd operates in the field of residential real estate industry. The company offers high quality new apartments featuring specifications within residential neighborhoods. It projects include Savyoney Ganey Tikva, Savyoney Givat Shmuel, borochov 47, Givatayim Savyoney Nof Hadera, Savyon Platinum Tower, Ramat Gan, Savyoney TLV, Kiryat Savyonim, Yehud, Life Park, Petah Tikvah amomg others. | $77 | -21% | $972M | $2B | 5.1x | 14.8x | ||
| Property & Building Corp Ltd is an Israel-based construction company. Its principal activities are an investment in income-producing properties, Gav-Yam and residential construction in Israel and other regions, such as the United States, India, Eastern Europe, Western Europe, and the United Kingdom. The company invests in various fields of real estate, agriculture, leisure, and sports. | $114 | +4% | $845M | $5B | 16.0x | 10.4x | ||
| Naphtha Israel Petroleum Corp Ltd explores oil & gas. It also engages in real estate operations in Israel and Europe. Some of its subsidiaries are Isramco Oil & Gas, Unikurs Kft, Bivvy Kft, Stars Invest S.R.O., Isramco Properties GmbH, and A.M.S. GmbH. | $8 | -- | $748M | $915M | 1.0x | 2.9x | ||
| Nawi Group Ltd provides financial solutions based on financing and non-bank credit. It provides services such as credit insurance to companies and businesses, commercial checks discounts and import & export financing. Its main activity focuses on providing credit to companies on a variety of levels which includes import financing, procurement financing, financing real estate initiatives, financing suppliers, financing equipment, supplementing equity, and more. Its client base include corporations, companies, partnerships, authorized dealers and business people operating in a variety of industries. | $19 | -1% | $629M | $2B | 13.2x | 27.4x | ||
| Carasso Real Estate Ltd engages in developing, planning, and constructing broad-scale residential projects. Its property portfolio comprises office towers located in the heart of Tel Aviv and Jerusalem’s business districts automotive centers, and logistics complexes. | $10 | -18% | $588M | $1B | 6.4x | 17.8x | ||
| Hagag Group Real Estate Development Ltd. is engaged in the development, management and marketing of residential and commercial real estates. The company's projects include North Star - Meir Yaari 11, Master Piece - Netanya, Port TLV, H - Shadal, H-Tower Recital, Ha'gush Ha'gadol Einstein BLVD and H Bar Kohva Tower. | $9 | +35% | $557M | $2B | 12.0x | 23.0x | ||
| Land Development of Nimrodi Group Ltd owns and manages a chain of hotels in Israel. The company's area of activity includes Urban renewal, department stores, residential towers, commercial towers, and other properties. | $13 | +7% | $509M | $3B | 7.3x | 7.6x | ||
| Vitania Ltd is a real estate developer in Israel. The company initiates, develops, constructs, rents and operates yielding properties, which include offices, commercial areas, and shops. It has projects and properties located in areas such as Tel Aviv, Herzliya Pituach and Or Yehuda. | $8 | -- | $356M | $948M | 8.3x | (34.3x) | ||
| Adgar Investments & Development Ltd is a real estate company. It operates in the income-producing real estate market. The company holds investment properties, mainly for use as office premises in Israel and abroad. It also develops and manages construction projects. The company operates in Israel, Canada, Poland, and Belgium. | $1 | -15% | $282M | $1B | 9.6x | 10.8x | ||
| Median | $13 | +3% | $1B | $2B | 11.1x | 15.1x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
Recent Insights
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.