Megureit Israel Ltd operates as a residential Real Estate Investment Trust (REIT) primarily focused on income-producing residential apartments for rent, along with offices and commercial centers in Israel. The company specializes in acquiring new apartments rather than second-hand units and additionally invests in real estate properties that complement its residential holdings such as stores, parking lots, and adjacent commercial centers. Founded in 2016 and headquartered in Ramat Gan, Israel, Megureit Israel Ltd was formerly known as Index Residential Real Estate in Israel Ltd until its name change in August 2016. The company enables investors to indirectly participate in the acquisition and management of residential rental projects across Israel. Recent major developments include the strategic acquisition of 75 residential apartments in Ramat Gan for approximately ILS 310-330 million, reflecting ongoing expansion in its residential portfolio. The company also maintains a comprehensive operational focus on the Israeli real estate market, with key executive leadership including CEO Dov Matityahu. It serves institutional investors through its income-producing real estate products, maintaining a diversified portfolio across residential, commercial, and office properties. Megureit Israel Ltd operates as a public company listed on the Tel Aviv Stock Exchange under ticker MGRT. Its continued focus on new apartment acquisitions and investment in complementary real estate assets marks its latest strategic direction to enhance rental income and asset growth within Israel's residential real estate sector.