Property & Building Corp. Ltd. engages in income-producing real estate and residential projects. It operates through the Gav-Yam and Residential Construction segments. The Gav-Yam segment deals with development, planning, construction, marketing, rental, maintenance, and management of high-tech parks, business and industrial parks, office buildings, logistics centers, commercial areas, and parking lots in Israel. The Residential Construction segment handles initiation, planning, developing, construction, marketing, and selling residential neighborhoods and projects. The company was founded on March 27, 1961 and is headquartered in Tel Aviv, Israel.