Generates revenue from initiating and selling residential apartments and from providing construction services on real estate projects. Growth is driven by project pipeline including urban renewal developments and contracted construction work.
Geographic Exposure
IsraelN/A
United StatesN/A
CyprusN/A
Revenue Drivers
Residential apartment sales
sale of residential units in development projects
CORE65.8%
Construction services
contracted construction work for real estate projects
CORE34.2%
End Markets
Homebuyers (residential apartment purchasers)
Landowners/asset owners purchasing construction services
Public-sector land tendering bodies
Specializations
Urban renewal (evacuation-and-rebuild) projectsTAMA 38/2 urban renewal projectsCombination agreements with landownersIsrael Land Authority and government housing tenders (Price for Occupant/Target Price/Reduced Price)Closed-project bank accompaniment (project finance) modelBuyer guarantees under the Sale of Apartments Law+2 more
Activities
Real estate development (initiation and planning)
Construction execution and supervision
Marketing and sales of residential units
Land sourcing and acquisition (tenders and agreements)
Project financing and bank-accompaniment management