- CEO
- Uzi Levi
- Full Time Employees
- 201
- Sector
- Finance
- Industry
- Real estate development
- Address
- 7 Tozeret Haaretz Street Tel Aviv TA Israel 6109002
- IPO Date
- Feb 29, 1988
- Business
- Mivne Real Estate (K.D) Ltd engages in the initiation, purchase, construction, rental, and management of commercial and residential real estate properties primarily in Israel, with additional operations in Switzerland, Ukraine, North America, and France. The company develops, acquires, and manages a diverse portfolio encompassing offices; high-tech facilities; industrial, logistics, and commercial spaces; retail centers; residential units for sale and rent; student housing; data centers; photovoltaic energy projects; and electric vehicle charging stations, alongside operation of gas stations and provision of planning and supervision services for infrastructure developments. Founded in 1961 and headquartered at 7 Totzeret Haaretz Street in Tel Aviv, Israel, Mivne Real Estate (K.D) Ltd owns approximately 1.9 million square meters of income-producing assets across Israel from Metula to Eilat, positioning it as Israel's leading commercial real estate group by property volume, with about 780,000 square meters of land reserves. In recent developments, the company signed a major lease agreement in September 2024 with Fattal Group's ROOMS and Switchup for 25,000 square meters in the Hasolelim office towers on Yigal Alon Street in Tel Aviv, valued at around NIS 500 million over 11 years, with occupancy slated for January 2026; completed a NIS 700 million bond and commercial paper issuance in April 2025 amid NIS 1.5 billion demand; executed a NIS 200 million share buyback and NIS 70 million dividend distribution as of August 2025; and advances key projects including the mixed-use HaSolelim complex with residential towers and 70,000 square meters of offices, Herzliya Tower combining residences, offices, and retail, Kfar Saba business tower, Haifa Sciences and High-Tech Park, and expanded Yigal Alon development featuring 125,000 square meters of office and commercial space plus 400 residential units. Formerly known as Industrial Buildings Corporation Ltd., the company formed through the 2019 merger of Industrial Buildings Corporation and Jerusalem Economy, and maintains a 2022 joint venture with Digital Realty for data center development in Petah Tikvah.