E.S. Australia Israel Holdings Ltd operates within the real estate sector, focusing on managing and renting building spaces, as well as maintaining properties across Israel. The company is actively involved in acquiring, overseeing, and executing real estate investments, including commercial and logistics centers. In a significant strategic move, E.S. Australia Israel Holdings Ltd acquired a 29% stake in Aspen Group Ltd in September 2023, for approximately NIS 261 million. This investment has steered Aspen Group's strategic direction to concentrate exclusively on the Israeli market, expanding its focus to include residential real estate development alongside its existing income-generating property portfolio. Established in 1970, the company, formerly known as Min Hagoren Development Ltd before changing its name in July 2021, maintains its base in Ra'anana, Israel.