Alon Blue Square Israel Ltd. is a holding company. The Company's subsidiary, Blue Square Real Estate Ltd. (BSRE), owns, leases and develops income producing commercial properties and projects. The Company's others activities include the clearance of purchase coupons and operating the logistic center in Beer Tuvia. The Company, through subsidiary, BSRE, is the legal owner (including through long-term leases from the Israel Land Authority and the Municipality of Tel Aviv) of approximately 110 yield generating real estate properties, totaling approximately 280,000 square meters, and approximately 104,000 square meters of unutilized building rights. In addition, BSRE operates in the area of residential real estate promotion and planning. The Company's real estate property includes commercial areas, distribution centers and offices. In addition, BSRE has the building rights for approximately 3,000 apartments in Point Wells and over 720 apartments in the Wholesale Market Project.