OFER RAMAT AVIV

#1 mall in the country with the highest sales per SQM

PROPERTY DESCRIPTION

Ofer Ramat Aviv is a 23,000-square-meter enclosed shopping mall with an additional 9,000 sqm building for office uses, located in the heart of Tel Aviv’s iconic Ramat Aviv neighborhood. The shopping center was built in 1997, and in 2000 a 15-story office building was constructed above it. The Mall offers an exclusive fashion shopping experience with local fashion designer boutiques and international fashion brand stores, attracting tens of thousands of people every day. The Mall is considered one of, if not the most, successful shopping center in Israel. The office tower houses foreign embassies and medical clinics. In 2017, Melison constructed an additional parking facility at the eastern section of the Mall, adding 300 parking spaces for the convenience of shoppers and visitors.

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IN BRIEF

GLA
32,000 sqm
City
Tel Aviv
Ownership
73.4%

KEY STATS AND FIGURES

6.5M
Visitors per year
700,000
People at 20 MIN
1,960
Parking Places
140
Number of Stores
99%
Occupancy
2,410
Total Valuation
151M
NOI per Year
1B
Sales per Year

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