Property & Building Corp. Ltd. engages in the field of income-producing property and residential constructions. It operates through the following segments: Income Producing Properties in Israel and United States of America (USA), Residential Construction, and Agriculture. The Income Producing Properties in Israel includes the initiation, planning, construction, rental and management of hi-tech parks, business and industrial parks, office buildings, commercial centers, industrial buildings, storage facilities and parking lots in high demand areas. The Income Producing Properties in USA engages in the acquisition, rental, management and maintenance of income producing property. The Residential Construction engages in the initiation, planning, construction, marketing and selling of quality residential projects and neighborhoods. The Agriculture segment through Mehadrin Ltd., operates in the citrus fruit sector which includes planting, cultivating, packaging, and marketing to the local market and for export. The company was founded on March 27, 1961 and is headquartered in Tel Aviv, Israel.