This morning (April 30, 2026), the management of Gabay Group opened trading at the Tel Aviv Stock Exchange, following the listing of its shares. The company issued bonds on the Exchange in 2025 and completed its equity offering in 2026.
Gabay Group is among the veteran and well-known development companies in Israel’s real estate sector.
The Group, which began its operations over 20 years ago in Ashkelon and its surrounding area, has expanded its activities to the central region and is currently active in two primary areas: residential real estate development and income-producing properties.
The Group currently has more than approximately 25,000 residential units across dozens of projects at various stages of marketing, construction, or planning nationwide, and is a significant player in the field of urban renewal.
The Group owns 21 income-producing properties in Israel, serving commercial, industrial, office, hospitality, and residential uses. Activity in the income-producing assets segment is primarily carried out through its subsidiary, Gabay Income-Producing Properties.
The company’s revenues in 2025 from the development and construction segment and from the rental and property management segment totaled approximately ILS 333 million.
The company offered 20% of its shares to the public in exchange for ILS 175 million, reflecting a company valuation of ILS 875 million.
Mia Gabay Tobol, CEO of Gabay Group, said:“Opening trading today is an exciting and meaningful moment for us, marking a milestone that reflects a long journey of growth, hard work, and perseverance, and the beginning of a new chapter for Gabay Group as a public company. From our roots in Ashkelon to extensive nationwide activity, we have operated over the years with a commitment to creating real value for customers, partners, and the public. Our entry into the stock exchange strengthens our ability to continue growing and expanding, deepen our activities in development, income-producing assets, and urban renewal, and operate responsibly, transparently, and with stability over time. We thank the investing public for their trust and are committed to continuing to build, innovate, and lead the industry forward.”
Tom Alhadif, Head of Market Development in the Economic Department of TASE, said:“There are currently 122 real estate company shares traded on the TASE, with an aggregate market value of approximately ILS 350 billion. In addition, around 440 bond series of real estate and construction companies are traded, with a total value of approximately ILS 220 billion. I believe we will continue to see additional real estate companies joining the Exchange soon. I wish the company’s management and employees great success and continued growth and development through the Stock Exchange.
In the photo: Tom Alhadif, Head of Market Development in the Economic Department of TASE; Tamar Gabay, EVP Procurement, Gabay Group; Orit Gabay Tirer, EVP Marketing and Sales, Gabay Group; Arik Tobol, EVP Engineering, Gabay Group; Mia Gabay Tobol, Chairwoman and CEO of Gabay Group; Shimshon Gabay, Chairman of Gabay Group; Eli Gabay, Owner of Gabay Group.
Photo credit: Vered Pharkash — approved for use without charge.
