A two-way bridge joining Israel's real estate investment and capital markets ecosystem with Europe, and beyond.
IREF convenes senior leadership across issuers, fund managers, institutional investors and advisors to better align and integrate Israel's real estate investment and capital markets ecosystems with their counterparts abroad.
Framing the story
Israel: the largest and best-performing real-estate capital markets in Europe.
US$125bn
Real estate sector total equity market cap
#1 LARGEST IN EUROPE
US$76bn
Real estate sector corporate bonds outstanding
#1 LARGEST IN EUROPE
18%
RE share of total stock exchange market cap
#1 HIGHEST WEIGHT IN EUROPE
55%
RE share of all non-financial corporate bonds
#1 HIGHEST WEIGHT IN EUROPE
1 / 3 / 5 / 10 year
RE equity index return in USD for Israel
#1 RANKED GLOBALLY
1 / 3 / 5 year
Direct property returns in USD for Israel
#1 RANKED IN EUROPE
4.6m
Population of Tel Aviv metro (Gush Dan)
TOP-10 IN EUROPE
EUR 300bn
GDP of Tel Aviv metro (Gush Dan)
TOP-5 METRO IN EUROPE
59
Buildings over 100m (London 43 · Paris 24 · Frankfurt 20)
#1 IN EUROPE
8m sqm
Total office stock, Tel Aviv metro
TOP-10 IN EUROPE
US$2.5tn
Israeli private sector financial assets
TOP-10 LARGEST IN EUROPE
US$1.1tn
Professionally managed investments in Israel
7TH LARGEST AUM IN EUROPE
Figures as of Summer 2026, full sources and methodologies available on request.
About IREF
Israel has been one of the few OECD countries without a real estate investment industry organization. IREF was founded to close that gap.
IREF is modeled on the established peer associations that represent this industry elsewhere — NAREIT in the United States, EPRA across Europe, INREV among unlisted real estate investors, and similar national bodies worldwide — adapted to Israel's own market structure and its deepening integration with Europe.