What bregman - baraz re does

Bregman-Baraz Real Estate (B-BRE) is an Israel-based boutique index development firm founded as a partnership between Nirit Bregman (CPA, LL.M.) and Daniel Baraz (Ph.D.). The firm specializes in designing smart-beta indices and low-frequency algorithmic trading strategies, with a primary focus on commercial real estate and adjacent asset classes. Its product portfolio consists of six co-branded indices developed in partnership with Solactive AG, a German index administrator compliant with IOSCO and ESMA-EBA standards: three Israeli indices (Israel Commercial Real Estate Index, Israel Infrastructure Index, TA-125 Low Volatility High Dividends Index) and three international indices (US REIT Index, US/Europe Residential Real Estate Index, US REITs/Banks Pair Trading Strategy).

The firm's core technical differentiation rests on proprietary databases that extract and normalize the market value of Israeli commercial real estate activity at the company level, excluding development and overseas operations. This enables the first and for years only index tracking Israeli CRE performance. Its US REIT methodology additionally incorporates a volatility-adaptive regime switch between small-cap and large-cap REITs grounded in Fama-French theory.

B-BRE operates a pure B2B licensing/royalties model with no disclosed pricing. Its indices are licensed to investment houses that launch and manage index funds on the Tel Aviv Stock Exchange, with IBI Investment House (NIS 40 billion AUM) serving as the flagship distribution partner since December 2014. Distribution is concentrated through a single channel in a single market (Israel/TASE), while the Solactive co-branding arrangement provides a latent global ETF adoption pathway.

Name

bregman - baraz re

Legal name

Bregman-Baraz Real Estate

Website

https://b-bre.com

Company type

Private

Operating status

Operating

Short description

Bregman-Baraz Real Estate (B-BRE) is an Israeli two-person partnership that develops smart-beta indices and low-frequency algorithmic trading strategies, primarily for commercial real estate, licensed to investment houses (chiefly IBI) as underlying for index funds on the Tel Aviv Stock Exchange.

Ownership category

akta.pro rank

Product category

Investment Index Development

NAICS

Portfolio Management and Investment Advice (523940), Securities and Commodity Exchanges (52321)

SIC

Investment Advice (6282), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Analytics, Risk Models & Factor/Style Indices (FSAFAIAG)

Keywords

• Smart-beta indices
• Commercial real estate indices
• Algorithmic trading strategies
• Index licensing services
• REIT investment benchmarks

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Index Licensing to Investment Houses: B-BRE develops proprietary smart-beta indices that are licensed to investment houses such as IBI Investment House, which then launch index funds tracking these indices. Revenue is generated through licensing arrangements with institutional partners.
2. Index Calculation Partnership: Partnership with Solactive AG for index calculation services. B-BRE develops indices while Solactive calculates and administers them, creating a co-branded product.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

B-BRE develops proprietary smart-beta indices and low-frequency algorithmic trading strategies focused primarily on the commercial real estate sector, with additional coverage of infrastructure, residential REITs, and dividend-yield equities. The indices are co-developed with German index provider Solactive AG, which calculates and administers them under IOSCO/ESMA-EBA benchmark standards, and are licensed to investment houses such as IBI Investment House that launch tracking funds on the Tel Aviv Stock Exchange. The firm's offering combines proprietary CRE databases, rules-based index methodology, and pair-trading strategies designed for institutional investors, hedge funds, and asset managers.

Product overview

B-BRE develops smart-beta investment indices and low-frequency algorithmic trading strategies for capital markets in Israel and internationally. The company's core offering consists of six branded indices developed in partnership with German index provider Solactive AG: three Israeli indices (Israel Commercial Real Estate Index, TA125 Low Volatility High Dividends Index, Israel Infrastructure Index) and three international indices (US REIT Index, Residential Real Estate Index, and US REITs/Banks Pair Trading Strategy). These indices serve as underlying instruments for index funds and ETFs managed by IBI Investment House, providing investment managers and institutional investors with tools for portfolio optimization.

Differentiator

Problem solved

Functional benefit

Products and services

• Solactive-B-BRE Israel Commercial Real Estate Index A tradable smart-beta index tracking the Israeli commercial real estate sector, based on B-BRE's proprietary databases that isolate core CRE operations from development and overseas activities. Licensed to investment houses for use as underlying of index funds on TASE.
• Solactive B-BRE TA125 Low Volatility High Dividends Index A tradable smart-beta index providing exposure to 25 high-dividend, low-volatility stocks from the TA-125, designed to improve risk-adjusted returns relative to the parent benchmark. Co-branded with Solactive AG.
• Solactive-B-BRE Israel Infrastructure Index (TR) A tradable smart-beta index tracking the Israeli infrastructure sector, including companies with significant Israeli infrastructure exposure, with non-infrastructure activities neutralized. Co-branded with Solactive AG.
• Solactive-B-BRE US REIT Index A tradable smart-beta index following US REITs that switches between small-cap and large-cap allocations based on market volatility to minimize drawdown, grounded in Fama-French theory. Co-branded with Solactive AG.
• Solactive-B-BRE Residential Real Estate Index A tradable smart-beta index tracking residential-sector REITs and yield-property companies operating in the US and developed Europe, designed to provide international residential real estate exposure. Co-branded with Solactive AG.
• US REITs/Banks Pair Trading Strategy A long/short low-frequency algorithmic trading strategy that times allocations between US bank and US REIT portfolios based on long-term interest rate movements, with optional short exposure. Designed as a systematic tool for hedge funds and institutional investment managers.

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered flagship, core and minor.

• IBI Investment HouseflagshipChannel Partner/ Reseller/ Distributor · 1 January 1971One of the largest independent investment houses in Israel with NIS 40 billion in assets under management. IBI offers broad range of investment services including mutual fund, provident fund, and training fund management. IBI has launched several index funds that track B-BRE's proprietary indices including the Israel Commercial Real Estate Index, US REIT Index, and TA125 Low Volatility High Dividends Index.
• Solactive AGcoreTechnology or IntegrationGerman index company established in 2007 and one of the leading global index companies. Solactive develops and calculates indices for leading investment managers and manages indices with AUM surpassing USD 100 billion. The company complies with IOSCO and ESMA-EBA benchmark standards. B-BRE co-develops indices with Solactive, which calculates and administers them under a co-branding arrangement.
• Real Capital Analytics (RCA)coreStrategic or Co-development PartnerGlobal real estate data and research company specializing in producing indices and analyzing commercial real estate information and trends worldwide. B-BRE is an RCA information partner for the Israeli market, providing local market data and analysis.
• Urban Land InstituteminorStrategic or Co-development PartnerB-BRE contributed information on Tel Aviv's commercial real estate property scene for Urban Land Institute's 'City of the Year' project, where Tel Aviv was a finalist alongside New York and Medellin.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Solactive AG: German global index provider co-developing, calculating, and administering B-BRE's indices. Solactive is both B-BRE's closest operational peer in smart-beta/index methodology and its distribution backbone, with USD 100B+ in indexed AUM.

Broad incumbents

• MSCI Inc. Global index heavyweight offering real estate, country, and factor indices at scale. MSCI is the dominant broad incumbent against which niche smart-beta players like B-BRE must differentiate on local-market methodology.
• FTSE Russell (LSEG): Global index provider under LSEG offering country, sector, and factor indices. Comparable to B-BRE as a smart-beta/factor index licensor to investment houses and ETF issuers worldwide.
• S&P Dow Jones Indices: Major global index provider with broad sector and country indices. Highly relevant comparable given Nirit Bregman's prior tenure at S&P Maalot and B-BRE's positioning as a smart-beta sector specialist.
• STOXX (Deutsche Börse): European-headquartered index provider with strong factor and country indices. Comparable as a smart-beta index developer serving European investment houses and ETF issuers.
• Bloomberg Indices: Bloomberg's index business develops proprietary multi-asset and thematic indices. Comparable as an institutional-grade smart-beta index developer with global distribution.
• Morningstar Indexes: Morningstar's index business produces factor and category-based indices licensed to investment managers. Comparable as a smart-beta/factor index licensor serving asset managers globally.

Emerging players

• Real Capital Analytics (MSCI): Global CRE transaction data and analytics provider (now part of MSCI), with which B-BRE has an information partnership. Directly comparable in CRE data infrastructure and CRE index methodology.

Others

• S&P Global Market Intelligence (CRE research): Provides CRE data, indices, and research products comparable to B-BRE's research and index offerings for institutional real estate investors.
• CBRE Investment Management: Large global CRE investment manager producing proprietary benchmarks and research. Comparable as an institutional CRE benchmark/research provider, though operating at vastly greater scale than B-BRE.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/bregman-baraz-re

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

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