BIG is Israel’s leading company in developing open-air and lifestyle shopping center's. The Company was founded in 1994 by Yehuda Naftali with the dream of developing American-style open-air shopping centers in Israel. The BIG Group is the owner and manager of yield-bearing real estate in Israel, the U.S, Serbia, Montenegro, and France, and it engages in the development of fully or partially-owned land in Israel and Serbia. The Company is the controlling shareholder of Afi Properties (approx. 89.29%), which develops and manages yield-bearing real estate in Israel and Eastern Europe (Romania, the Czech Republic, Poland, and Serbia). BIG mainly focuses on the commercial shopping center industry, while Afi Properties focuses on offices and residences for rent. The Group also invests and operates in the sector of renewable energy. At present, the BIG Group is developing, operating, and managing 139 projects around the world, including 56 shopping centers and malls, 35 office buildings, 16 residence projects, and 7 logistic centers. The Company has been traded on the Tel Aviv Stock Exchange since 2006, and its securities are listed in the TA-35 Index, The Real Estate-15 Index, and the TEL-Dividend Index.