Rani Zim Shopping Centers Ltd. engages in the development, establishment, and management of commercial projects. It operates through the following segments: Residential Initiation, Commercial Centers, and Others. The Residential Initiation segment consists of the residential projects such as buildings under construction and apartment and real estate inventories. The Commercial Centers segment is composed of profitable, initiation, and construction projects. The Others segment includes real estate for investment. The company was founded on November 24, 2009 and is headquartered in Tel Aviv, Israel.