Rami Levy Real Estate Ltd. (RLRE)

Profile

Rami Levy Real Estate Ltd. is a prominent Israeli real estate company specializing in income-producing properties and development projects. Its primary function centers on owning and managing a portfolio of 25 properties totaling 96,000 square meters, valued at NIS 1.8 billion, primarily generating rental income. The assets include 18 commercial spaces largely leased to the affiliated Rami Levy supermarket chain, three industrial and logistics sites, and four properties for offices and housing, supporting retail, logistics, and mixed-use sectors. Beyond ownership, the company engages in development with eight construction projects in the Jerusalem area—three underway, one in planning, and four as land reserves—targeted for offices and residential use, alongside urban renewal initiatives. In 2024, it reported revenues of NIS 213 million, up 9% from the prior year, with net profit reaching NIS 155 million, a 43% increase, underscoring its financial strength in the real estate market. Headquartered in Jerusalem, Rami Levy Real Estate Ltd. plays a key role in Israel's commercial and residential property landscape, linking retail operations with strategic property investments.