Generates revenue mainly by executing building projects as main contractor for third-party developers and public bodies, and by initiating and selling residential apartments, with a small leased property portfolio.
Geographic Exposure
Israel100%
United StatesN/A
Revenue Drivers
Contractor execution of building works
Executes residential, commercial and public building projects as main contractor
CORE67.7%
Residential development and apartment sales
Initiates and develops residential buildings for sale, including urban renewal
CORE26.7%
Income-producing property leasing
Develops and leases office buildings, commercial space and parking
PERIPHERAL2.7%
End Markets
Residential homebuyers
Private and business property developers
Institutional entities
Government ministries and government companies
Local authorities and municipal economic companies
Office and commercial tenants
Specializations
Urban renewal evacuate-and-build projectsCombination transactions with landownersLand reserves held for future developmentLump-sum execution contractsQuantity-measurement execution contractsJoint ventures and partnerships for residential projects+1 more
Activities
Land and project sourcing
Project initiation and development
Execution of building works as main contractor
Tender bidding
Leasing
Kardan Real Estate Enterprise and Development Ltd (KARE) | ACE
