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 305 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 282,000 square meters of surface area, and approximately 76,000 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 3.23 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: Clal Insurance,Meitav Dash, Harel Pension Fund, Phoenix Insurance Company, Bank Hapoalim (Poalim Capital Markets), Menora Insurance Company, Migdal Insurance,  Gilad, Analyst Investment House, Union/Mizrahi Bank and more.

The fund's shares are traded on the Tel Aviv-90 Index and the Real Estate Index. The company and the bonds are rated A1.il (by Midrog).

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.