Generates revenue from developing and selling residential units, primarily via urban renewal projects and selected low-rise land developments. Revenue is recognized as construction progresses under IFRS 15 based on project execution milestones.
Geographic Exposure
Israel100%
Revenue Drivers
Residential apartment sales
Sells housing units in development projects as construction progresses.
PERIPHERAL0%
End Markets
Residential homebuyers
Real estate investors purchasing housing units
Small commercial unit buyers/tenants (mixed-use projects)
Specializations
Urban renewal (evacuation-rebuild)TAMA 38/1 (strengthening and expansion)TAMA 38/2 (demolition and rebuild)IFRS 15 over-time revenue recognition for constructionProject finance with lender escrow/accompaniment accountsBond financing secured by project surplus cash flows
Activities
Sourcing and structuring redevelopment deals
Permitting and planning management
Project development and construction oversight (via contractors)
