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Company's Profile

Established: 1982
Address: 5 Derech Hayam St., Ganei Tikva
Phone: 972-73-2266411
Fax: 972-73-2266410
Website: https://www.migdalei.co.il/en/
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About Mediterranean Towers

Mediterranean Towers is Israel’s leading retirement living group and one of the most influential organizations shaping the senior living sector in the country. With more than 40 years of experience in the development, establishment, and operation of advanced retirement living communities across Israel, the network serves thousands of residents through a broad nationwide presence.

Mediterranean Towers operates based on a proven research methodology through which its residents enjoy many years of good health.

Over the years, the company has established a high standard within the industry, combining real estate quality, professional service, vibrant community life, conceptual innovation, and a long-term perspective on residents’ needs.

In 2014, the company became a public company listed on the Tel Aviv Stock Exchange, a step that strengthened its capital structure and enhanced its ability to continue investing in the development of its operations. Its status as a public company contributes to its stability, transparency, and ability to operate according to high management standards.

At the same time, the company has consistently expanded its operations through the initiation and development of new projects, the upgrading of existing properties, and the ongoing adaptation of its services to demographic changes and the evolving needs of Israel’s senior population. The company combines deep operational expertise with entrepreneurial and real estate capabilities, operating with the understanding that retirement living is not only about housing, but about creating a complete, advanced, and meaningful living environment.

Innovation Built on Experience

Mediterranean Towers operates in a market undergoing profound change, driven by increasing life expectancy, evolving expectations among older adults, and growing demand for living environments that combine independence, security, community, and quality of life. Thanks to its many years of experience, nationwide presence, and deep understanding of the needs of residents and their families, the network is leading changes in the industry while offering a contemporary, professional, and advanced lifestyle model.

The network’s innovation is reflected not only in the development of advanced residential communities and the continuous enhancement of infrastructure and services, but also in its ability to identify the changing needs of older adults and translate them into a practical lifestyle concept. Mediterranean Towers views retirement living as far more than a housing solution; it is a complete living environment that enables residents to choose how to live the years ahead in an active, independent, connected, and meaningful way.

Expertise for the New Age of Living

At the core of the company’s operations is an innovative life concept known as “The New Age,” which is based on current research in the fields of longevity and quality of life. This concept is founded on the understanding that today’s central challenge is not merely extending life expectancy but extending the good years of life, the years in which people maintain independence, vitality, social connections, curiosity, meaning, and quality of life.

The New Age seeks to redefine the years following retirement, not as a period of slowing down or limitation, but as a new chapter of life during which individuals can continue to grow, learn, create, contribute, build relationships, and choose how they wish to live. It is a philosophy that views older adults as active and independent individuals who wish to continue experiencing full and meaningful lives, not merely receiving services, but actively participating in a community, meaningful activities, and a rich living environment.

Accordingly, the network has developed a structured, professional, and measurable methodology that is embedded in daily life across its residences and is based on five core principles: physical activity and fitness, proper nutrition, learning that leads to action, social connections, and meaning in life. Each of these principles is expressed in a practical and distinct way in everyday life.

Comprehensive Services and Community

Mediterranean Towers residences offer apartments built to a high standard, alongside a comprehensive range of services that include swimming pools, advanced fitness facilities, exercise studios, restaurants and cafés, cultural halls, learning centers, medical services, and a rich variety of leisure and content activities.

This service framework is designed to enable residents to enjoy independent, comfortable, and secure living, while maintaining convenient access to activities, services, and experiences that enrich everyday life.

Community is a central component of the network’s philosophy. Mediterranean Towers residences are characterized by active and engaged communities that encourage social connections, resident-led initiatives, and intergenerational activities. At Mediterranean Towers, community is not a by-product of residential living; it is a core component in the design and management of the overall living experience.

Nationwide Presence and Continued Growth

The network operates retirement living residences throughout Israel, including the Jerusalem residence, the Bat Yam residence, the Savyon residence, the Ganei Tikva residence, the Ramat Hasharon residence, the Kfar Saba residence, the Nordia residence, and the Rehovot residence. This broad geographic presence enables the company to serve diverse populations and reinforces its position as a leading player in the sector.

The network continues to expand and invest in the development of new projects, creating large-scale residential communities that integrate housing, culture, health, and leisure for both residents and the surrounding community. As part of its current growth momentum, Mediterranean Towers is developing three new retirement living communities: the Sde Dov residence, the Ramat Aviv residence, and the Neve Ayalon residence, which will serve as the network’s flagship project and is expected to be the largest and most innovative retirement living project in Israel.

At the same time, Mediterranean Towers collaborates with leading organizations, including medical centers and research institutes, among them the Sheba Medical Center, to develop and implement advanced models aimed at extending healthy and high-quality years of life. The company also operates through subsidiaries and additional initiatives in the field of investments in start-up companies designed to improve the lives of older adults, as well as other ventures focused on the senior population.

Financial Strength, Management, and Transparency

The company benefits from strong financial stability, and its status as a public company listed on the Tel Aviv Stock Exchange reinforces its commitment to professional management, transparency, and long-term stability.

Its financial strength, together with its extensive experience and entrepreneurial and operational capabilities, enables the company to continue investing in property development, enhancing the resident experience, implementing innovation, and maintaining a high standard of service.

As a company operating in a sector built on long-term trust, Mediterranean Towers regards transparency, stability, and professional management as core values. This combination has established the company’s position as Israel’s leading retirement living group. 

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