To advance the interests of the real estate investment and capital markets of Israel.
Connect.
Bridge issuers, institutional investors, fund managers and advisors in Israel with their counterparts in Europe and beyond through conferences, roundtables and working groups.
Inform.
Produce and disseminate the research and data the international community needs to engage Israel on equal terms — and contextualize global markets for Israeli participants, through comparative analysis, publications and research.
Integrate.
Drive convergence between Israel's real estate capital markets and global standards — spanning reporting metrics, valuation, index inclusion and institutional partnerships.
Industry ties between Israel and the USA are deeper than with Europe, despite Europe having the stronger economic and capital-markets links with Israel — and those links are only growing. Recognizing this, IREF places particular emphasis on building deeper industry connectivity with Europe.
Total trade — Europe's bilateral trade with Israel exceeded EUR 42bn in 2024, meaningfully larger than the US at EUR 31bn.
FDI stock — European states held over EUR 72bn of FDI in Israel as of 2023 — nearly twice the US figure of EUR 39bn.
Mon–Fri trading shift — Israel's entire capital markets ecosystem moved to a Monday–Friday week in 2026, removing the last barrier to MSCI reassignment into Europe.
IFRS and ICSDs — Israel operates in IFRS, not US GAAP; Euroclear and Clearstream are integrated with TASE settlement.
Israel index weight — Now 4.5% of the FTSE EPRA/NAREIT Developed EMEA index (the European sleeve of the #1 global real estate equity index with $400 billion of AUM tracking it), up from 0.5% four years ago, international investors are increasingly hungry for knowledge about Israeli real estate investment and capital markets. The Israeli sleeve has the potential to reach or exceed 10% of this benchmark.
European CRE funding gap — as Basel III/IV constrains banks, Israel's capital markets have the capacity and appetite to supply non-bank capital at scale to the European real estate sector to fill this gap.
Guided by a non-governing committee of senior industry leaders.
An honorary committee of senior executives who volunteer as a strategic sounding board, offering industry expertise and a global network of relationships.
IREF is an independent, non-affiliated, non-profit association.
32 years in public equity markets. Previously a partner at Heitman LLC ($50bn AUM) and co-Head of Global REIT Fund Management. Former #1 ranked equity analyst on Wall Street and director on several corporate boards. Member of EPRA for 20 years.
As CEO and CFO of Plaza Centers NV, oversaw listings on the LSE, Warsaw Stock Exchange and Tel Aviv Stock Exchange, and execution of a complex multinational restructuring of a billion-EUR portfolio across 9 countries.
Formerly responsible for international real estate investment at Bayerische Versorgungskammer (BVK), the largest public pension group in Germany.