Bait Vegag Real Estate Development Ltd engages in urban renewal projects, including construction evacuation, demolition and reconstruction under National Outline Plan 38 (Tama 38), and pinui-binui initiatives in Israel. The company specializes in identifying, initiating, and executing residential real estate developments that create advanced urban environments with high-quality, designed living spaces; it offers comprehensive services encompassing engineering, financing, legal support, regulatory processes, and customer relations for dozens of projects across various cities. Operations focus on residential building construction in Israel, targeting property owners in veteran urban neighborhoods, with headquarters in Ramat Gan and nationwide project execution; founded more than eight years ago, it went public and trades on the Tel Aviv Stock Exchange under ticker BVGG.TA. In April 2022, the company changed its name from BAIT VEGAG GL LTD to its current name to reflect its development focus. Recent ownership developments include Yaakov and Nili Shachar acquiring an additional minority stake from Poalim Equity Ltd; it maintains partnerships such as with Tidhar group for constructing 1,000 residential units in Yavne and has raised significant funds from national institutions like pension and provident funds to finance projects totaling approximately 1 billion ILS. The company employs 33 people and reported revenue of 141.44 million ILS for fiscal year 2024, with ongoing quarterly activities including Q3 2025 earnings.