Ari Real Estate (Arena) Investment Lid. engages in the income-producing real estate. It operates through the Shopping Centers in Israel and Trade Centers Abroad segments. The Shopping Centers in Israel segment deals with initiating, establishing, purchasing, renting, managing, and maintaining malls and shopping centers. The Trade Centers Abroad segment includes the rental, management, and maintenance of a mall in Cyprus. The company was founded on November 12, 1992 and is headquartered in Ashdod, Israel.