Kiryon Mall

Kiryon Mall, branded as Ofer Kiryon, sits in Kiryat Bialik on HaPe’er Street and serves the Krayot suburbs north of Haifa Bay. With approximately 50,000 square meters of GLA, it ranks among the largest enclosed malls in northern Israel. The property opened in 1983 as Melisron’s founding asset and has been expanded multiple times to reach its current scale.

The Kiryon catchment covers Kiryat Bialik, Kiryat Motzkin, Kiryat Yam, and Kiryat Ata, alongside the Haifa Bay industrial workforce. This spread of working-class and middle-income residents differentiates the trade area from Grand Canyon Haifa’s more central Carmel catchment, and it has shaped the tenant mix toward value fashion, family-oriented dining, and high-volume electronics and home goods.

The mall houses a multi-screen cinema, food court, and full-service restaurants alongside the retail floors. Free parking and direct access from Highway 4 anchor the family-shopping format that has been the property’s signal advantage over thirty years of operation.

Melisron values the Kiryon at NIS 2.35 billion in recent appraisals, placing it just behind Ramat Aviv Mall in the company’s Israeli portfolio. Liora Ofer, who took over as Melisron chair in 2008 during the global financial crisis, has used the asset as a benchmark for the post-crisis acquisition spree that brought Ramat Aviv Mall, the British Israel portfolio, and Ofer Bilu into the group.

For brand expansion teams entering the Haifa Bay catchment, Kiryon offers the highest reachable foot traffic at family and value price points. International chains testing northern Israel typically pair a Grand Canyon Haifa anchor with a Kiryon satellite to cover the full metropolitan demographic spread.