Plans to generate revenue by initiating and developing urban renewal real estate projects and selling newly built residential units. Projects may also include commercial and office areas for sale or lease.
Geographic Exposure
IsraelN/A
Revenue Drivers
End Markets
Existing apartment owners/residents in renewal complexes
Homebuyers of newly built apartments
Commercial and office tenants/buyers
Specializations
Pinui-Binui (evacuation-rebuild) projectsTAMA 38 urban renewal frameworkTAMA 38/2 demolition-and-rebuild trackLocal authorities urban renewal trackTax-track designation for urban renewal projectsReverse acquisition under common control (pooling of interests)
Activities
Project origination and site identification
Resident/tenant agreement signing
Urban planning, zoning and permitting
Construction and project management (via contractors)