Sela Capital Real Estate's official report, covering the second quarter and the first half ended June 30, 2026, was approved on August 9, 2026 and made publicly available on August 10, 2026. As of that date, offices represented 54% of the portfolio's fair value and 52% of H1 NOI; retail represented 29% of fair value and 29% of NOI; logistics represented 10% of fair value and 11% of NOI. Compared with the regulated December 31, 2025 balance, Sela's office share of fair value fell from 55% to 54%, its retail share rose from 26% to 29%, and its logistics share fell from 11% to 10%. Office value in absolute terms rose from NIS 3.310 billion to NIS 3.590 billion, so the evidence does not indicate an office exit. In parallel, the company completed the Kfar Saba Green Mall acquisition on April 19, 2026 — a roughly 75,000 sqm mixed-use asset including retail, offices, storage and parking, 93% occupied at acquisition, for NIS 580 million plus VAT, with expected annual NOI at full occupancy of approximately NIS 40.5 million. H1 NOI was NIS 184 million, up 4.5%, while same-property NOI was NIS 175.4 million, down 0.3%. Management-approach real FFO was NIS 127.7 million, up 4.2%, and real FFO per share was 52.6 agorot, down 4.4%. The report attributes the H1 rental-income increase mainly to approximately NIS 9 million from the new mall, CPI-linked rent and higher renewal rents, while noting an approximately NIS 3 million decrease following the end of Mizrahi Tefahot's lease at Moshe Aviv Tower. Menivim REIT's official release for the second quarter and first half of 2026 is dated August 7, 2026 and covers the portfolio as of June 30, 2026. Per the release, industrial/logistics represented 50.8% of portfolio area, 45.7% of value and 47.0% of NOI; offices represented 44.5% of area, 46.3% of value and 46.0% of NOI; and retail represented 4.8% of area, 8.0% of value and 7.0% of NOI. Q2 attributable NOI was NIS 65.1 million, up 9.5%; same-property NOI was NIS 61.2 million, up 2.8%; and management-approach real FFO attributable to shareholders was NIS 48.6 million, up 14.6%. For H1, attributable NOI was NIS 127.2 million, up 10.6%, and attributable real FFO was NIS 95 million, up 14.3%. The company reported H1 additions across industrial/logistics, offices and parking, and is also marketing approximately 12,500 sqm of future office space in the Lavanda Tower — a fact that does not match an office-exit program. Management described the office market as challenging and competitive, and said industrial/logistics supply was limited and demand had improved since the fourth quarter of 2025 — this is attributed management commentary, not an independently established market-wide finding. The two companies use different definitions: Sela's metrics cannot be directly compared to Menivim's 'attributable to shareholders' basis, and FFO is a supplementary non-GAAP measure that is not equivalent to operating cash flow, cash available for distribution or accounting net income. Management-approach real FFO must be distinguished from nominal FFO under the Israel Securities Authority approach. The absolute NIS figures of the two companies cannot be added together, ranked, or used as a basis to call one company 'stronger' than the other. Neither official report sets a target or plan to reduce office exposure, and both companies continue to hold a substantial office share in their portfolios.