Generates revenue by initiating, planning and marketing residential urban-renewal projects, selling the new apartments and providing construction services to the existing apartment owners whose land rights fund the projects.
Geographic Exposure
Israel100%
Revenue Drivers
Residential apartment development and sales
Initiates and markets residential projects, selling newly built apartments to buyers
CORE72.5%
Construction services for apartment owners
Builds replacement and reinforced homes for owners contributing land rights
CORE27.5%
End Markets
Apartment Buyers
Apartment Owners in Shared Residential Buildings
Specializations
TAMA 38 building reinforcement trackEvacuation-and-rebuild urban renewal trackCombination transactions with apartment ownersTurnkey fixed-price contractor tenderingPre-sale apartment marketingProject-level subsidiary structures
Activities
Project initiation and development
Planning and permitting
Construction supervision and project management
Marketing and sales
Bait Vegag Real Estate Development Ltd (BVGG) | ACE
