About


Menivim – The New REIT Ltd. is a Real Estate Investment Trust (REIT). The company is managed according to the accepted REIT fund format with respect to its activities, transparency, financial relationships, dividend distributions, management fees, and commitment to its investors.

Menivim was established in 2015, after successfully raising 267 million shekels in funding from a variety of investors, including Poalim Capital Markets, Meitav Dash, Bar Ilan University, IBI, Halman Aldubi, the Gilad Pension Fund, and other entities.

The company owns income-yielding properties spanning a total of ​​approximately 207,000 square meters of surface area, and approximately 38,000 square meters of parking space. 


The income-yielding assets are mostly concentrated within the fields of offices and high-tech, industry, logistics, and trade in Israel. 

The fund's assets are valued at a total of approximately 1.88 billion NIS.

The fund's investment strategy is rooted in the experience, capabilities, and professionalism possessed by its founding entrepreneurs and management group, leading these innovators to create and manage a new portfolio and a variety of quality income-yielding assets, including assets with potential for capital gains.

The company was first listed on the Tel Aviv Stock Exchange as a public REIT fund in April of 2017. The fund’s main shareholders are leading institutional entities: Bank Hapoalim (Poalim Capital Markets), Meitav Dash, IBI, Gilad, Harel Pension Fund, Clal Insurance, Analyst Investment House, Menora Insurance Company, Psagot Provident Funds, Migdal Insurance, Phoenix Insurance Company, Union Bank and the Colibri Fund.

The fund's shares are traded on the Tel Aviv-90 Index and the Real Estate Index.

About


Menivim – The New REIT Ltd. is a Real Estate Investment Trust (REIT). The company is managed according to the accepted REIT fund format with respect to its activities, transparency, financial relationships, dividend distributions, management fees, and commitment to its investors.

Menivim was established in 2015, after successfully raising 267 million shekels in funding from a variety of investors, including Poalim Capital Markets, Meitav Dash, Bar Ilan University, IBI, Halman Aldubi, the Gilad Pension Fund, and other entities.

The company owns income-yielding properties spanning a total of ​​approximately 207,000 square meters of surface area, and approximately 38,000 square meters of parking space. 


The income-yielding assets are mostly concentrated within the fields of offices and high-tech, industry, logistics, and trade in Israel. 

The fund's assets are valued at a total of approximately 1.85 billion NIS.

The fund's investment strategy is rooted in the experience, capabilities, and professionalism possessed by its founding entrepreneurs and management group, leading these innovators to create and manage a new portfolio and a variety of quality income-yielding assets, including assets with potential for capital gains.

The company was first listed on the Tel Aviv Stock Exchange as a public REIT fund in April of 2017. The fund’s main shareholders are leading institutional entities: Bank Hapoalim (Poalim Capital Markets), Meitav Dash, IBI, Gilad, Harel Pension Fund, Clal Insurance, Analyst Investment House, Menora Insurance Company, Psagot Provident Funds, Migdal Insurance, Phoenix Insurance Company, Union Bank and the Colibri Fund.

The fund's shares are traded on the Tel Aviv-90 Index and the Real Estate Index.


What is a REIT?


A company that holds and manages income-yielding real estate assets.

The most convenient and efficient avenue to public investment in income-yielding real estate.

The operating rules of REIT funds are regulated by the Income Tax Ordinance:

      Tax exemption on the fund's profits. The tax is paid by the fund’s shareholders, in respect of the dividend received.

      At least 75% of the income-yielding real estate properties held must be in Israel.

       Leverage limit – up to 60%.

      Current profits must be distributed as dividends to shareholders (at least 90% of the taxable income).

      No controlling shareholders.


What is a REIT fund?


A company that holds and manages income-yielding real estate assets.

The most convenient and efficient avenue to public investment in income-yielding real estate.

The operating rules of REIT funds are regulated by the Income Tax Ordinance:

      Tax exemption on the fund's profits. The tax is paid by the fund’s shareholders, in respect of the dividend received.

      At least 75% of the income-yielding real estate properties held must be in Israel.

       Leverage limit – up to 60%.

      Current profits must be distributed as dividends to shareholders (at least 90% of the taxable income).

      No controlling shareholders.