Melisron Ltd is an Israel-based company which controls and operates directly or indirectly, commercial space and offices for rent in Israel. The Company is the owner and operator of office and commercial areas in Kiryat Bialik, known as Ha'kerion Compound. Through its wholly owned subsidiary, Ofer Ra'naana Properties Ltd., the Company owns and manages a shopping mall in Ra'naana, Israel, known as Rananim Mall, in operation since 1998. Melisron Ltd holds stake of Kenyon Ramat Aviv Ltd. which holds full rights to the business center and shopping mall known as Ramat Aviv Mall. The Company also owns and operates Sevyonim Mall and co-owns Hutzot Hamifratz Mall, located on the outskirts of Haifa. Additionally the Company has a percentage stake in two Hungarian companies, Minron Kft and CPH2 Kft. As part of a project the Company initiated, Minron Kft and CPH2 Kft market and sell their remaining assets of warehouses and shops which were built by the companies in Budapest.