Africa Urban Renewal

The Company specializes in the initiation, development, management and execution of residential urban renewal projects. The company has vast professional knowhow in a wide variety of disciplines, including finance, permits, engineering and construction, extensive financial resources and high-quality human capital

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Company's Profile

Established: 2001
Line of Business: The Company specializes in the initiation, development, management and execution of residential urban renewal projects. The company has vast professional knowhow in a wide variety of disciplines, including finance, permits, engineering and construction, extensive financial resources and high-quality human capital
Address: 5 Yoni Netanyahu St., Beit Yehezkel,
Or Yehuda
For information about marketing projects,
Savyonei Ha’ir, 2 Ha’eshel St., Ramat Gan
Phone: 972-3-7909287  *3880
Fax: 972-3-5383998
Email: chenm@africa-ur.co.il
Website: http://www.africa-ur.co.il
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Company Executives

  • Oren  Hod, Africa Urban Renewal

    Oren Hod

    Chairman

    Africa Urban Renewal

  • Assaf  Simon, Africa Urban Renewal

    Assaf Simon

    CEO

    Africa Urban Renewal

    View Profile

    Assaf Simon

Senior Executives

    Eitan Sadan VP, Business Development
    Haim David Chief Engineer
    Na’ama Gavra Company Architect
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About Africa Urban Renewal

Africa Urban Renewal of the AFI Residential Group specializes in the initiation, development, management, and execution of residential urban renewal projects. The company has vast professional know-how in a wide variety of disciplines, including finance, permits, engineering and construction, extensive financial resources and high-quality human capital. This, alongside a residents service department which personally accompanies the complexes’ residents from the beginning of the road until post-population.

AFI Urban Renewal leads the urban renewal field owing to its vast accumulated experience and professional knowledge, and the company’s scope of projects in execution is among the highest in the Israeli market. The company is currently executing 10 Tama (demolition and reconstruction) projects and Netanya’s first Pinui-Binui project. In total, the company is currently promoting more than 30 projects, inter alia, in Netanya, Herzliya, Jerusalem, Ramat Gan, Givatayim, Tel Aviv and Be’er Sheva. Currently, the company is starting the construction of its 11th project, while two projects have been populated. The company puts a broad emphasis on Pinui-Binui throughout Israel. Its extensive experience and broad financial capabilities enable it to promote projects quickly. For example, projects that were signed in Jerusalem less than a year ago are now in the District Commission.
As a subsidiary of a public company, resident owners who work with AFI Urban Renewal benefit from full transparency and reliability, and the company sees these values as the cornerstones of success for urban renewal projects, alongside with maximal sharing of the project’s progress with the apartment owners.
Assaf Simon, the CEO of Africa Urban Renewal, served a series of executive roles in AFI Residence, the last one being as its Finance director.

Financial Strength and Extensive Reputation

Africa Urban Renewal has extensive capabilities and professional experience throughout the entire production chain of the new apartment and the service thereafter. All of its urban renewal projects are branded under the “HaSavyonim” – which further supports the apartments’ value. As a subsidiary of AFI Residence, a large and well-known public company, with one of the greatest financial strengths in the real-estate industry, the company benefits from extensive reputation that enables direct and comprehensive access to financial institutes for the purpose of bank support, which serves as a major guarantee for the success of such projects. 

The Residents at the Center

The residents are at the heart of the company’s operations, as full partners of the renewal process. Africa Urban Renewal bases its business strategy on the aspiration to provide its end-customers with a maximal sense of security, which is achieved, inter alia, through a well-developed service-orientation and meticulous compliance with the schedules for which it is committed in the framework of its projects. The company takes care to provide a personal service for its customers, and therefore it established a residents’ service department which handles hundreds of apartment owners who already vacated their apartments. The department maintains a very high level of accessibility and provides a comprehensive response from the initial contracting to the population.

Community Service

Africa Urban Renewal sees community involvement and cultivation as an inseparable part of its activity and it invests time in volunteering. As part of this community-volunteering activity, the company organizes volunteering days where its employees renovate apartments in old buildings that didn’t undergo urban renewal yet, and more.

Selected Projects

Africa Urban Renewal’s business activity is in a significant growth momentum, and today anyone is invited to the company’s sales office in Ramat Gan, which markets 12 projects, as of today, in central Israel, including projects in Rokach, Podim, Hatzor, and Karinitzi in Ramat Gan, Gordon, Borochov and Taiber in Givatayim, and Savyon City in Netanya.

The Savyonei HaIr Brand

Africa Urban Renewal markets to the public the additional apartments that are built in the frameworks of its rights in its executed projects, through the “Savyonei HaIr” brand.
Savyonei HaIr is named after the house brand “Savyonim”, which has been accompanying the Parent Company AFI Residence from its very beginning, and aims to build lively and dynamic neighborhoods with extensive public areas and which are planned carefully and provide a high-quality living experience in the community within a walking distance of community services, a green park, safe areas for children and more. The HaSavyonim brand serves as a mark of quality for the customers and serves as a source of inspiration for developing urban renewal projects.

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Facts & Numbers

Total Projects 22

Total Projects

22

Total Projects 8 before building permit

Total Projects

8

before building permit

Total Projects 8 after building permit

Total Projects

8

after building permit

Total Projects 6 Populated in 2018

Total Projects

6

Populated in 2018

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