Elbit Real Estate Ltd., formerly known as Elbit Imaging Ltd., is an Israel-based company that engages, directly and through its investee companies, in commercial centers, hotels, medical industries and devices, and plots in India. The Company operates through four segments: Commercial centers, Hotel, Medical Industries and devices, and Plots in India. The Commercial centers segment includes the initiation, construction, and sale of commercial centers and other mixed-use real property projects, principally in the retail sector. The Hotel segment is engaged in the operation and management of hotels. The Medical Industries and devices segment includes research and development, production, and marketing of magnetic resonance imaging guided focused ultrasound treatment equipment, as well as the development of stem cell population expansion technologies and stem cell therapy products for transplantation and regenerative medicine.