TASE Launches a New Index for Israel's Major Real Estate Companies - TA-Real Estate 35

Rhea-AI Summary

TASE (TVAVF) will launch the TA-Real Estate 35 index on November 9, 2025, a new benchmark limited to the 35 largest real estate shares by market capitalization drawn from the existing TA-Real Estate universe.

The combined market capitalization of the index constituents is NIS 237 billion, representing roughly 40% of the companies in the TA-Real Estate index but close to 80% of that index's total market cap. The real estate sector accounts for 18% of TASE's market cap (NIS 290 billion), while assets tracking real estate indices total NIS 2.6 billion, versus NIS 34 billion tracking the banking sector.

Positive

• Combined market cap of index constituents: NIS 237 billion
• Covers ~80% of TA-Real Estate market cap with ~40% of companies
• Launch date announced: November 9, 2025

Negative

• Low passive adoption: only NIS 2.6 billion tracks real estate indices
• Tracking gap: real estate AUM NIS 2.6B vs banking NIS 34B
• Index concentration: 35 names represent ~80% of sector market cap

News Market Reaction – TVAVF

-0.74%

1 alert

-0.74% News Effect

On the day this news was published, TVAVF declined 0.74%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Since the beginning of 2025, the TA-Real Estate index increased by 36%

The new index will be launched on November 9, 2025

Yaniv Pagot, EVP, Head of Trading at TASE: "The introduction of the TA-Real Estate 35 index will offer investors targeted access to the sector's top-performing firms, augmenting our range of premier investment tools."

TEL AVIV, Israel, Oct. 29, 2025 /PRNewswire/ -- The Tel Aviv Stock Exchange (TASE) (TASE: TASE) continues to expand its wide variety of investment products, announcing the launch of a new equity index, the TA-Real Estate 35 index, following the recent successful launches of the TA-Infrastructure and TA-Defense indices.

The index is restricted to the 35 largest real estate shares by market capitalization, selected from the 89 real estate shares currently constituting the TA-Real Estate index. The combined market capitalization of the companies in the new index stands at NIS 237 billion, and the new index is expected to include the shares of roughly 40% of the number of real estate companies in the established TA-Real Estate index, accounting for close to 80% of the total market capitalization of the shares in that index. 

6 companies are already included in the TA-35 index, 25 companies in the TA-125 index, and 4 companies in the TA-SME 60 index. 

The TA-Real Estate 35 index will comprise the 35 largest shares in the real estate sector that are included in the Rimon Universe and meet the eligibility criteria, which are similar to those of the TA-35 index. The index's objective is to reflect the performance of the major real estate companies traded on TASE and serve as an additional benchmark for investors and fund managers seeking to focus on this sector.

The TA-Real Estate 35 index will be launched on Sunday, November 9, 2025.

Market Share and AUM of the Real Estate Sector:

The real estate sector currently accounts for 18% of TASE's total market capitalization, with NIS 290 billion of TASE's NIS 1.6 trillion market cap. However, the volume of assets tracking TASE's real estate indices stands at only NIS 2.6 billion.

For comparison, the banking sector also constitutes about 18% of the equity market (NIS 294 billion), yet is tracked by a significantly higher volume of assets, totalling NIS 34 billion.

Opportunity for Growth in Public Exposure to the Real Estate Sector:

These figures illustrate a significant opportunity to increase public exposure to the local real estate sector, which is both diverse and unique. A new, more liquid index focusing on the largest companies in the industry is poised to provide the infrastructure for expanding the range of passive investment products and will contribute to greater exposure for both institutional and private investors to this sector.

Yaniv Pagot, EVP, Head of Trading at TASE: "The real estate sector is a cornerstone of the Israeli economy and plays a pivotal role in the local capital market. The introduction of the TA-Real Estate-35 index will offer investors targeted access to the sector's top-performing firms, augmenting our range of premier investment and comparison tools, for the benefit of both institutional and retail investors. The introduction of new indices is part of TASE's strategic plan to increase the variety of new products, thereby enabling tracking product providers to offer the public a wider and higher-quality range of passive investment products."

 

TA-Real Estate 35 Constituents:
Electra Real Estate Azorim        Blue Square Real Estate       Acro           Danya Cebus     Menivim REIT     Prashkovsky       G City       Isras Holdings     Levinstein Engineering Duniec           Amram           Mediterranean Towers     Rimon           Carasso Real Estate       IES         Ampa	Azrieli Group   Big             Melisron         Mivne           Alony Hetz        Amot            Shikun & Binui    REIT 1           Aura           Airport City     Mega Or         Dimri            Ashtrom Group    Israel Canada      Sella Real Estate        Summit           Africa Residences   Argo Properties

 

Contact:
Orna Goren
Head of Communication and Public Relations Unit
Tel: +972 76 8160405
tase.ir@tase.co.il

FAQ

What is the TA-Real Estate 35 index and when does it launch?

The TA-Real Estate 35 is a new TASE index of the 35 largest real estate shares and will launch on November 9, 2025.

How much market capitalization does the TA-Real Estate 35 represent on TASE?

The index's constituents have a combined market capitalization of NIS 237 billion, covering about 80% of the TA-Real Estate index market cap.

What percentage of TASE's market cap is the real estate sector (TVAVF) and how much AUM tracks it?

Real estate accounts for 18% of TASE market cap (NIS 290 billion) while assets tracking real estate indices total NIS 2.6 billion.

How concentrated is the TA-Real Estate 35 index and what does that mean for investors?

The index concentrates roughly 80% of the sector's market cap into 35 names, indicating higher exposure to the largest issuers.

Will the TA-Real Estate 35 help passive product development on TASE?

TASE expects the more liquid, focused index to enable wider passive products and greater investor exposure to the sector.