Reit 1 Ltd Overview
Pro stress-test →Reit 1 Ltd., established in 2006 as Israel's first Real Estate Investment Trust (REIT), was created following the approval of REIT structures by Israeli authorities to enable broad public participation in large-scale commercial property investments. REIT 1 owns and operates a portfolio of nearly 750,000 square meters located in attractive locations and submarkets throughout Israel.
Strategic Profile
Pro stress-test →The Company's main aim is investments in real estate, which includes office buildings, commercial centers, industrial buildings, apartments for rent, among others, all of which are yielding assets. REIT 1 is rated ilAA/Stable by Standard & Poor's Ma'alot.
Competitive Landscape
Pro stress-test →The company's shares trade on the Tel Aviv Stock Exchange alongside other Israeli REITs and real estate funds. The Israeli REIT market is dominated by a small number of players managing large-scale commercial property portfolios. Reit 1's pioneer status and portfolio size provide competitive advantages in institutional investor relationships and property access.
Industry Context
Reit 1 Ltd operates in REIT - Diversified.
Key facts
Founded: 2006 · Headquarters: Tel Aviv, Israel · Revenue: 378.87M ILS (2023) · Market cap: 5.58B ILS