AFI Properties Ltd. engages in the development, construction, operation, and rental of industrial, commercial , and office buildings. It operates through the following segments: Income-Producing Properties in Israel and Development of Residential and Income-Producing Properties in Europe. The Income-Producing Properties in Israel segment engages in the purchase of properties, initiation, construction, rental, and operation of buildings in Israel, mainly for industry, offices, and commerce. The Development of Residential and Income-Producing Properties in Europe segment engages in initiation of residential projects, by locating land, purchasing it, construction of buildings, and selling it and in acquisition of properties, rental, and operation of buildings in Europe. The company was founded on January 12, 1971 and is headquartered in Yehud, Israel.