- CEO
- Zavhi Abou
- Full Time Employees
- 20
- Sector
- Real Estate
- Industry
- Real Estate - Services
- Address
- Yigal Alon 53 Ashdod Israel 67062
- IPO Date
- Aug 12, 2002
- Business
- Ari Real Estate (Arena) Investment Ltd engages in income-producing real estate, focusing on the ownership, rental, management, and maintenance of shopping malls and commercial centers in Israel and internationally. The company operates through two primary segments: Shopping Centers in Israel, which involves initiating, establishing, purchasing, renting, managing, and maintaining malls and shopping centers; and Trade Centers Abroad, which includes the rental, management, and maintenance of a mall in Cyprus. Ari Real Estate generates revenue primarily from leasing activities, with 2024 sales of 109 million ILS from Israeli trade centers and 53.4 million ILS from overseas operations, targeting retail tenants and commercial operators. Founded on November 12, 1992 and headquartered at 45 Jabotinsky Street in Ashdod, Israel, the company is a subsidiary of Abu Yechiel Ltd since February 2021. It changed its name from Arena Star Group Ltd to Ari Real Estate (Arena) Investment Ltd in March 2022, reflecting a strategic rebranding to emphasize its real estate investment focus.