Earns revenue by initiating residential renewal projects, selling the newly built apartments it is entitled to market, and rendering construction services to the existing apartment owners whose buildings are demolished and rebuilt.
Geographic Exposure
Israel100%
Revenue Drivers
Apartment sales in renewal projects
selling the developer's share of newly built residential units to buyers
CORE71.9%
Construction services for existing rights holders
building replacement apartments for owners who transfer their existing housing rights
CORE28.1%
End Markets
Private apartment buyers
Existing apartment owners in renewal complexes
Specializations
Evacuation and reconstruction (pinui-binui) complexesNational Outline Plan 38/2 demolition and rebuild trackShaked alternative planning routeResident consent assembly and dissenting-owner proceedingsPhased development of multi-stage complexesLimited partnership structures with institutional equity investors+2 more
Activities
Project initiation and resident contracting
Planning and building permit procurement
Development and construction execution
Apartment marketing and sales
Project financing and guarantee provision
Israel Land Development - Urban Renewal Ltd (ILDR) | ACE
