Israelis Continue Real Estate Investment Amidst Shifting Market
Translated & summarized from Kikar HaShabbat by baba
Israelis continue to invest heavily in real estate, with new mortgages reaching NIS 29 billion in Q2 2026 and NIS 8.6-10 billion monthly in the following quarter. Tria, a financial group, offers investment opportunities in Israeli real estate without direct property purchase or stock market exposure. The company provides two investment tracks, Ulti 18 and a longer-term Real Estate track, aiming to meet investor demand for balanced, real estate-linked returns.
The story in 5 lines · by baba
- Israelis are investing NIS 8.6-10 billion monthly in mortgages, showing continued real estate interest.
- Tria offers investors exposure to Israeli real estate without buying property or engaging the stock market.
- CEO Eyal Elhiani noted a public desire for balanced investments with less volatility.
- Tria's Ulti 18 track offers 1% above Bank of Israel rate on real estate-backed credit.
- The longer-term Real Estate track offers Prime plus 3% on residential and investment loans.
Despite a significant increase in cash and deposits, Israelis are not abandoning real estate investments. In the second quarter of 2026, new mortgages totaled approximately NIS 29 billion, and from July to September, the monthly rate ranged between NIS 8.6 and 10 billion. This trend raises the question of how to gain real estate exposure without directly buying property or engaging with the stock market.
Tria, part of the Luzun Credit and Finance group, offers a solution by directing investor funds into Israeli real estate activities, including bridging loans, transaction financing, and real estate-backed credit. Eyal Elhiani, CEO of Tria, stated that the public seeks balance, desiring less volatility while maintaining faith in real estate. He highlighted the need for an intermediate option that allows money to work in Israeli real estate without the complexities of buying an apartment or being solely dependent on stock market fluctuations.
Elhiani noted that recent years have shown no single asset class remaining attractive across all market conditions. As interest rates rose, deposits became appealing; when the stock market surged, equities led; and now, with falling interest rates and volatile markets, real estate-backed investments are regaining relevance. Tria offers two main investment tracks: Ulti 18, a 18-month option with an expected interest rate of about 1% above the Bank of Israel's rate, investing in real estate-backed credit. The second is the Real Estate track for longer-term investors, focusing on residential and investment real estate loans in Israel, with an expected interest rate of Prime plus 3% annually.
These options address the high entry barriers for many investors, such as the need for substantial down payments, purchase taxes, mortgages, and transaction costs associated with buying property. Tria's model allows participation in the sector without direct property ownership and its associated expenses. While public REITs and alternative investments exist, they often involve stock market volatility or high entry thresholds for accredited investors. Tria's model offers a unique alternative by diversifying investments across various local real estate loans and deals, mitigating risk from single properties or projects and avoiding stock market-traded securities.
