Generates revenue primarily from developing and selling residential units and from construction contracting services. Additional revenue comes from leasing income-producing properties and from real estate management and initiation fees.
Geographic Exposure
IsraelN/A
United StatesN/A
Revenue Drivers
Residential unit development for sale
Initiation, development and sale of residential apartments, including urban renewal.
CORE56.1%
Construction contracting services
Execution of construction projects as contractor, including turnkey delivery.
CORE35.4%
Real estate management & initiation fees
Management, initiation and related service fees for real estate projects.
PERIPHERAL6.4%
Income-producing property leasing
Leasing of office, retail and parking areas in investment properties.
PERIPHERAL2.6%
End Markets
Private homebuyers
Real estate developers and project owners
Public-sector procuring bodies (government and municipalities)
Commercial office tenants
Retail tenants
Specializations
Urban renewal (Pinui-Binui demolition and rebuild)Combination transactions (land-for-units swap)Proceeds-sharing land transactionsJoint ventures via project companiesTurnkey (Turn-Key) construction contractsDesign & Build (DB) contracting+2 more
Activities
Real estate development and initiation
Apartment sales and marketing
Construction contracting and project execution
Leasing and operation of investment property
Property management and maintenance
Kardan Real Estate Enterprise and Development Ltd (KARE) | ACE
