Africa Israel Residences Ltd.

Africa Israel Residences has been the leader in the residential real-estate sector in Israel since it went public in 2006.
The company’s activity focuses on all stages of residential project development and construction, from land acquisition through all the planning, construction, close development, marketing, apartment sale, and occupancy stages. Africa Israel Residences has changed the residential experience in Israel with the creation of the “Savyonim” brand, meticulously planned community residential neighborhoods throughout the country under the umbrella concept of “a neighborhood that is a city”. Savyonim neighborhoods offer advanced community services and landscaped surroundings, while providing residents personal security, peace of mind and safe and worthwhile purchase. This is the reason Savyonim neighborhoods attract quality residents and ensure the asset’s long-term value. The company has also succeeded in combining prudent management and sound financial planning with a high-quality and wide-ranging project portfolio.

The company’s strategy is based on activity in all residential real-estate areas - from the Savyonim neighborhoods real estate development to extensive activity in the various government initiated residential programs including the activities of “Africa Urban Renewal” subsidiary which focuses on large evacuation-construction urban renewal projects (pinui-binui), long-term rentable housing, and Mechir LaMishtaken projects. The company chose to focus a large part of its activities on luxury housing, this includes the DUO TEL AVIV and Semel Tsafon projects in central Tel Aviv. The company also expanded its activity to income yielding properties, including rental housing, commercial properties, and office properties in various cities, among them Jerusalem, Modiin, Tel Aviv, Givat Shmuel, Netanya, Ra’anana, Azor, Shoham, and more.

The Savyonim Brand

The Savyonim Brand is rooted in the establishment of the Savyon community settlement in the 1950s—a pioneering initiative made by South African Jews who wished to create a green, safe, and community-oriented environment. This vision evolved into a symbol of high-quality living and became a model for neighborhood development throughout Israel. It laid the foundations for the creation of a network of residential neighborhoods that embody quality, community, and innovation.
The Savyonim brand reflects the company’s commitment to creating a high-standard and carefully designed residential environment that emphasizes a rich, community-oriented living experience. It places a strong focus on environmental planning, advanced services, and values of belonging and security. For their residents, the Savyonim neighborhoods are synonymous with quality construction and uncompromising service. As such, they continue to be seen as a transformative force that has left a lasting mark on the development of many cities, including Herzliya, Kiryat Yam, Jerusalem, Or Yehuda, and Yehud.

Current and Future Projects

Africa Israel Residences has an inventory of over 18,000 housing units for construction, of which about 6,400 are in the planning and construction stages, throughout the country (including the partners’ share). Last year the company continued to focus on diversifying the mix of apartments it markets, in cities such as Nesher, Kiryat Ata, Netanya, Petah Tikva, Jerusalem, and Tel Aviv while beginning additional stages in Givat Shmuel, Ramat Sharet Jerusalem and more. The company continued to strengthen the Savyonim brand according to market trends and expanded its product offering by locating new development and investment niches. As part of its growing product offering, the company also operates in the long-term rental housing field with designated projects such as Galil Yam, Soham, the Mordot Arnona complex in Jerusalem and additional projects currently in planning stages, including at Sde Dov in Tel Aviv.
This field reflects a response to changing market needs alongside a commitment to quality and accessible residential solutions. Additionally, the company also operates in the urban renewal field through its subsidiary, Africa Urban Renewal, as well as the Luxury Collection, which focuses on the company’s mega-prestigious projects, and includes, among other things, the company’s flagship project DUO TEL AVIV in central Tel Aviv (Ibn Gavirol-Arlozorov), and adjacent to it the Semel Zafon project. Based on its business strategy the company continuously searches for new plots of land to build additional residential neighborhoods, expanding its activities and will continue to do so in the next few years as well.

Africa Urban Renewal

Africa Urban Renewal, an 80% owned Africa Israel Residences subsidiary, specializes in promoting large-scale evacuation and construction (pinui-binui) projects, across the country from Nahariya in the north to Be’er Sheva in the south.
Africa Urban Renewal leads the renewal field owing to the extensive experience and professional knowledge it has gained, and the overall scope of its current projects is among the largest in the Israeli market. The company has at its disposal vast professional knowledge in a wide range of areas, among them financing, licensing, engineering and construction, as well as extensive financial resources and high-quality human capital. This in addition to having a resident service department that personally accompanies the residents of the projects, from start through post-occupancy. Africa Urban Renewal currently markets about 10 different projects in Jerusalem, Tel Aviv, Rehovot, Netanya and Haifa. In total the company is promoting about 40 projects, among them in Haifa, Netanya, Herzliya, Jerusalem, Kiryat Ono, Tel Aviv, Ashkelon, and Be’er Sheva, so far about 17 additional projects have been populated. Among other things, the company is implementing the first phase of the SOHO project in Kidmat Gonen in Jerusalem, which includes more than 1,000 housing units and is located on approximately 45 dunams of green parkland, as well as the first phase of “ Savyonei HaShmora” in Netanya, which includes about 512 housing units.

Success Factors

Africa Israel Residences is considered as the best and most reliable real-estate company in Israel, year after year, owing to its size and long-standing experience, providing the advantages it needs in order to operate in a competitive environment. The company enjoys financial robustness stemming from low leverage, alongside cash liquidity and has dozens of projects and land reserves in high demand areas. This, alongside a professional and skilled team dedicated to quality, innovation and creativity in all areas: marketing, planning and engineering, and is committed to the company’s success and to providing the utmost benefit to its customers.

Contribution to the Community

Africa Israel Residences is not just a leading real estate company but an active partner in strengthening of Israeli communities as well. The company sees great importance in community outreach and in the promotion of social accountability values and considers those as an inseparable part of its perception of creating thriving and strong communities.