Adgar Investments and Development Ltd. is a public company traded on the Tel Aviv Stock Exchange, which acts as the real estate arm of the Zur Shamir Group. In 1994, the Zur Shamir Group purchased Adgar and turned it into a division specializing in the real estate field in the Israeli and International markets. The company, directly and through subsidiary companies, invests in income-producing assets, mainly in the field of office space. In addition to acquisitions, the company develops income-producing office assets through land purchases and utilization of land reserves associated to various property holdings. The company operates in Israel, Canada, Poland and Belgium.