Mivne Group

What Mivne Group does

Mivne Group is one of Israel's largest commercial real estate groups, founded in 1961 and publicly listed on the Tel Aviv Stock Exchange under ticker MIVNE. The company specializes in the initiation, acquisition, construction, and management of buildings for industrial, hi-tech, commercial, office, logistics, retail, and residential purposes. Its Israeli portfolio comprises approximately 1.65 million sqm of leasable space across 551 buildings, 20 shopping centers, and 3,188 tenants spanning 15 cities, with an additional international footprint in Switzerland, North America, and Ukraine. Portfolio composition is weighted toward retail/shopping centers (~40%, ~NIS 5.3B), offices (~37%, ~NIS 4.8B), and industry/logistics (~20%, ~NIS 2.6B).

Revenue is generated primarily through long-term commercial real estate leases (a recurring subscription-like model) with individually negotiated pricing based on property type, location, size, and term. Distribution is direct-to-tenant via in-house field sales and property management teams, with no third-party channel partners. Customers span industrial and logistics firms, hi-tech and corporate office tenants, retail businesses in shopping centers, and individual residential renters. Notable enterprise tenants include Bank Mizrahi across multiple branches. The company is actively expanding into adjacent product lines, notably data center colocation services and a NIS 1.5 billion rooftop solar partnership with Enlight Renewable Energies covering 550 properties over 15 years. Leadership was substantially refreshed in 2024 with a new CEO (Uzi Levy, formerly of Menora Mivtachim Real Estate and Bank Leumi) and CFO (Itai Vaknin, formerly of Aviv Real Estate), alongside new VPs across Engineering, Operations, Strategy, Planning, and Commercial Marketing. A multi-project development pipeline includes the Hasolelim mixed-use complex in Tel Aviv, Park Mada science and hi-tech park in Haifa, and Mivne Towers in Herzliya Pituach, Kfar Saba, Holon, and Or Yehuda.

Name

Mivne Group

Legal name

מבנה נדל"ן (כ.ד) בע"מ (Mivne Real Estate (K.D) Ltd.)

Website

https://mivnegroup.co.il

Company type

Public

Founded year

1961

Operating status

Operating

Headcount range

11–50 employees

Short description

Mivne Group is a publicly traded Israeli commercial real estate company operating 1.65 million sqm across 551 buildings and 20 shopping centers, leasing industrial, logistics, office, retail, and residential space to 3,188 tenants across 15 cities, with growing exposure to data centers and renewable energy.

Ownership category

akta.pro rank

Headquarters

HQ city

Tel Aviv

HQ country

Israel

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales, Technology or R&D

Revenue model

1. Commercial Real Estate Leasing: Primary revenue from long-term commercial leases across multiple property types: offices (37% of portfolio, ~4.8 billion ILS), industry and logistics (20%, ~2.6 billion ILS), retail/shopping centers (40%, ~5.3 billion ILS), and other (3%, ~0.6 billion ILS). Rental income from approximately 551 buildings totaling 1.65 million sqm in Israel. Additional income from data center operations.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Mivne Group is a commercial real estate group that initiates, acquires, constructs, and manages buildings for industry, hi-tech, commercial, office, logistics, and residential purposes across Israel. The portfolio consists of approximately 1.65 million sqm of leasable space across 551 buildings and 3,188 tenants, with a growing footprint in data center colocation and rooftop renewable energy installations.

Product overview

Mivne Group operates as a diversified real estate platform offering leasing and management of commercial, industrial, office, logistics, retail, and residential properties across Israel. The portfolio includes 551 buildings with approximately 1.65 million sqm of rental space and 3,188 tenants, plus 20 shopping centers. The company is expanding into data center services and renewable energy solutions, with notable projects including the Hasolelim mixed-use complex in Tel Aviv, science and hi-tech parks, and a NIS 1.5 billion rooftop solar partnership.

Differentiator

Problem solved

Functional benefit

Brands

• Mivne Centers: Shopping center properties operated by the group
• Mivne Migdaley Tel Aviv
• HaMitzav (המיטב)
• Tzomet Hasharon (צור יצחק - מרום השרון)
• HaSolelim (הסוללים)
• Hablock

Products and services

• Offices (משרדים) Office spaces for rent across Israel, including hi-tech and commercial office buildings in major cities and industrial zones; targeted at technology companies and corporate occupiers.
• Industry and Logistics (תעשיה ולוגיסטיקה) Industrial and logistics facility rentals including manufacturing plants, warehouses, and distribution centers across Israel, targeted at industrial, manufacturing, and logistics companies.
• Shopping Centers (מתחמי קניות) Commercial retail properties and shopping center management operated through mivnecenters.co.il, leasing space to retail tenants across Israel.
• Residence (מגורים) Residential rental properties including apartments in projects such as Migdaley Tel Aviv, Hameitav Tel Aviv, and Mivne Hasharon, targeting individual tenants.
• Parking (חניונים) Parking facility rentals in various locations across Israel including Tel Aviv, Herzliya, Ra'anana, and Jerusalem.
• Data Centers (מרכזי נתונים) Data center colocation services, supported by a partnership with Enlight Renewable Energies for NIS 1.5 billion rooftop solar project and active hiring for data center business development roles.
• Renewable Energy Solutions Solar energy projects including rooftop solar installations across 550 properties in Israel over 15 years as part of NIS 1.5 billion partnership with Enlight Renewable Energies.

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Enlight Renewable EnergiesmajorStrategic or Co-development Partner · 31 December 2025Mivne partnered with Enlight Renewable Energies for a NIS 1.5 billion rooftop solar project. The project covers 550 properties across Israel over 15 years. This represents a significant renewable energy initiative to install solar panels on Mivne's property portfolio.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Electra Real Estate: Israeli real estate division of the Electra conglomerate, with mixed-use developments and income-producing properties. Comparable to Mivne in project pipeline and asset diversification.
• Melisron: Israeli real estate company focusing on commercial, office, and residential properties. Comparable to Mivne in listed status and Israeli-centric CRE operations.
• Big Shopping Centers: Israeli REIT specializing in shopping centers and retail properties. Closely comparable to Mivne's Mivne Centers shopping center platform segment.
• Property & Building Corp (PBC): Israeli real estate holding company with offices, retail, and residential assets, controlled by the Discount Investment group. Comparable to Mivne in active portfolio management of Israeli commercial assets.
• Ashtrom Group: Israeli real estate and construction group active in residential, commercial, and industrial development. Comparable to Mivne in multi-segment Israeli CRE focus and active development pipeline.
• Azrieli Group: Major Israeli real estate group operating office, retail, and residential properties including shopping centers. Comparable to Mivne in scale, listed status, and diversified Israeli CRE portfolio.
• Amot Investments: One of Israel's largest publicly-traded commercial real estate companies, specializing in office, industrial, and retail properties for lease. Highly comparable to Mivne in asset mix, business model, and Israeli market focus.
• Gazit Globe: Israeli-headquartered global urban real estate platform focused on grocery-anchored shopping centers and mixed-use assets. Comparable to Mivne's shopping center segment and international footprint.

Broad incumbents

• Menora Mivtachim Real Estate: Real estate arm of a large Israeli insurance and finance group, broadly invested in Israeli commercial properties. Comparable to Mivne in Israeli CRE operations, with the additional backing of an insurance parent.
• Real Estate Investors (REI): Israeli REIT owning and managing a diversified portfolio of office, retail, and logistics properties. Comparable to Mivne in purely Israeli, income-focused CRE business model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCmwORnLc7Keb3lPvzJzshSw
• Facebookfacebook.com/mivnegroup.co.il
• LinkedInlinkedin.com/company/mivne-group

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mivne Group