
Africa Israel Residences Ltd.
Development and Construction of Residential Projects


Company's Profile
Established: | 1960, Public Company – IPO 2006 |
Line of Business: | Development and Construction of Residential Projects |
Address: | 1C Yoni Netanyahu St., P.O.B. 715, Or Yehuda 6025602 |
Phone: | 972-3-7402500 |
Fax: | 972-3-6339170 |
Email: | [email protected] |
Website: | https://res.afi-g.com/Pages/default.aspx |

Company Executives
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Jacob (Luxi) Luxembourg
Chairman
Africa Israel Residences Ltd.
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Micha Klein
CEO
Africa Israel Residences Ltd.
Leading Executives
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Aharon Frenkel CFO
Inbar Weiss VP Planning
Yossi Ben-Eliezer VP Engineering
Tamir Lulu VP Marketing and Sales
Ronit Eshed Levy CEO Africa Urban Renewal

About 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, public area development, marketing, apartment sale and occupancy stages. Africa Israel Residences changed the residential culture 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 a 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 decided to concentrate a large share of its activity on luxury housing. This includes the DUO TEL AVIV and Semel Tsafon projects, located near Ibn Gabirol street. The company also chose to expand its activity to income yielding properties, including commercial and office real-estate in various cities, among them Jerusalem, Modiin, Tel Aviv, Givat Shmuel, Netanya, Ra’anana, Azor, and more.
The Savyonim Brand
The Savyonim brand, Africa Israel Residences home brand that is identified with the company’s activity, emerged from the understanding that customers are not only looking for a beautiful apartment at an attractive price, but rather for added value reflected in quality of life and a rich residential experience. At the heart of the Savyonim brand is the goal of building meticulously planned residential projects that provide a high-quality community residential experience. Which include extensive public areas that provide access to community services within walking distance, quality residents, a green park, a safe space for children to play and much more. For their residents the Savyonim neighborhoods are synonymous with a high-quality residential experience and meticulous high standard construction, alongside uncompromising service. Therefore, to this day the Savyonim neighborhoods are considered to be one of the transformational factors in many cities including the longstanding neighborhoods of Neve Savyon in Or Yehuda and Kiryat HaSavyonim in Yehud.
Current and Future Projects
Africa Israel Residences has an abundance of projects in the planning and construction stages in the scope of about 4,050 residential units throughout the country (including the partners’ share), from which the company is currently building and marketing about 3,700 residential units. Last year the company continued to focus on diversifying the mix of apartments it markets. Thus, it markets in high demand cities such as Nesher, Kiryat Ata, Netanya and Petah Tikva, Jerusalem, Tel Aviv while beginning additional stages in Givat Shmuel, Ramat Sharet Jerusalem, Kiryat Bialik, and other projects. In addition, the company entered the income yielding properties market through investments in areas planned for commercial and office uses. While strengthening the Savyonim brand, and in line with market trends, the company expands its product offering from time to time by locating new development and investment niches for example the company’s entrance to the long-term rental housing in the Mordot Arnona neighborhood in Jerusalem. The company also operates in the urban renewal field through its subsidiary, Africa Urban Renewal. Based on its business strategy the company continuously looks for new plots of land to build additional residential neighborhoods and commercial and office projects, as well as to substantially expand its activity, and will continue to broaden its activity in the coming years.
Africa Urban Renewal
African Urban Renewal, an 80% owned Africa Israel Residences subsidiary, specializes in promoting large-scale evacuation and construction (pinui-binui) projects, across the country.
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 a resident service department that personally accompanies the residents of a complex, from start through post-occupancy. Africa Urban Renewal currently markets about 7 different projects in Jerusalem, Tel Aviv, and Netanya. 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, this year the company started the marketing of the SOHO project in Kidmat Gonen, Jerusalem, which includes more than 1,000 residential units and is located on about 45 dunams of a green park, as well as the “Savyonei HaShmora”, Netanya, which includes about 512 residential 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 alongside cash liquidity, and has tens 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 straightening of Israeli communities as well. The company sees great importance in community outreach and in the promotion of social responsibility values and considers these values as an inseparable part of its perception of creating thriving and strong communities.

Projects
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Savyoney Givat Shmuel
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Savyoney Glil Yam, Herzliya
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Savyoney Harish
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Savyoney New Katamon, Jerusalem
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Savyoney HaSharon Kfar Yona
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HaSavyonim Complexes, Rishon LeZion
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Savyon City Towers | Netanya
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Savyoney Shoham
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Savyon View, Jerusalem
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39-41 Bloch, Tel Aviv
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Savyoney Shoham For Rent
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Duo, Tel Aviv
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Agamey HaCarmel | Nesher
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Savion's Hills | Kiryat Ata
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HaMaayan 39 | Givataim
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Jabotinsky 135-137 | Tel Aviv
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Zelman Shneor | Netanya
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Dreams&Savyonim | Kiryat Bialik
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Savyoney Netzer Sireni | Nes Tziona
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Savyon & Irus | Nes Tziona
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Park HaYam | Netanya
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Kidmat Gonen | Jerusalem
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Kitzis 17-26 | Tel Aviv
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Savyoney Kiryat Yovel | Jerusalem
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Ramat Sharet | Jerusalem
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Savyon Boulevard, Petah Tikva
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DUO Tel Aviv credit: 3Dvision

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