Azrieli Group is an Israel-based real estate company engaged in the development, ownership and management of commercial and mixed-use properties. The company’s portfolio encompasses shopping centers, office towers and urban complexes, with additional investments in residential and light industrial projects. Azrieli Group’s operations are centered on property development, leasing, facility management and value-added asset repositioning.
Among its most prominent assets is the Azrieli Center in central Tel Aviv, a multi-tower complex combining office space, retail outlets, entertainment venues and hospitality services. Beyond its flagship project, the group owns and operates regional shopping malls and business parks in cities such as Haifa, Jerusalem, Nazareth, Rishon LeZion and Afula. Through ongoing renovations and strategic tenant mixes, the firm seeks to enhance footfall and occupant satisfaction across its retail and office properties.
Founded in the early 1980s by entrepreneur David Azrieli, the company grew from a single development venture into one of Israel’s largest publicly traded property groups. Over time, Azrieli Group expanded its activities to include large-scale urban projects and the conversion of existing assets to meet evolving market demands. In 2015, the group consolidated a number of its commercial properties into a real estate investment trust (REIT) structure, aligning with global industry standards and broadening its investor base.
Primarily serving the Israeli market, Azrieli Group has also evaluated opportunities in overseas markets, focusing on select North American and European assets. The company remains committed to integrating smart-building technologies, sustainable design principles and customer-centric amenities in its developments, aiming to maintain high occupancy levels and long-term value creation. Continuous innovation in property management and tenant services underpins its strategy for growth in Israel’s dynamic real estate sector.
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