Israeli Real Estate Giants Expand Into Residential Market Amid Office and Retail Yield Declines
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
First reported by Globes · 21 hours ago
What happened
Israeli real estate giants Azrieli and Melisron have expanded into residential development to offset declining yields in offices and retail. Melisron’s residential sales nearly tripled in early 2026, while Azrieli’s residential assets and sales also grew significantly. Despite revenue growth, net profits fell due to subsidiary earnings and revaluation losses. Experts say it is too early to judge the success of this strategic shift amid market uncertainties.
- 01Azrieli and Melisron expanded into residential real estate due to declining office and retail yields.
- 02Melisron sold 166 apartments in H1 2026, nearly triple the volume from H1 2025.
- 03Azrieli’s residential assets reached 2.35 billion shekels with over 5,000 units in 27 projects.
- 04Azrieli’s net profit dropped from 320 million to 155 million shekels amid revaluation losses.
- 05Experts say residential expansion aligns with global trends but financial success is still uncertain.
- 06Project completion and occupancy will be critical for realizing growth in residential ventures.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 outlets
The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.
