Africa Urban Renewal Ltd.

Africa Urban Renewal, a subsidiary of Africa Israel Residences, specializes in initiation, development, management, and execution of large-scale residential projects in the urban renewal field. The company is an urban renewal leader owing to its vast experience and professional knowledge in a wide range of fields: financing, licensing, engineering and construction, in addition to extensive financial resources and quality human capital.

The company also has a resident service department that personally accompanies project residents from the outset up until actual occupancy. Customers that choose a public company’s subsidiary enjoy full transparency and reliability and as much information as possible about the project’s progress. For Africa Urban Renewal these values are the cornerstone of the success of every one of its urban renewal projects.

Africa Urban Renewal is currently advancing more than 40 projects, among them in Haifa, Netanya, Herzliya, Jerusalem, Givatayim, Kiryat Ono, Tel Aviv, Ashkelon, and Beer Sheva. In recent years the company has focused extensively on pinui-binui throughout the country.

The company’s extensive experience and wide-ranging financial abilities enable it to rapidly advance its projects.
The scope of the company’s projects currently under execution is among the largest in Israel. The company is proud of the successful completion and occupancy of 17 Tama 38/2 projects to date in Tel Aviv, Ramat Gan, and Givatayim, while the company keeps on opening new sites and generating additional projects.

Among which are Soho - the first pinui-binui project in the Katamonim neighborhood, a project in Kiryat Yovel neighborhood in Jerusalem, and Savyonei HaShmora project in Netanya scheduled to start this year.

Financial Soundness and Reputation

Africa Urban Renewal, having one of the best financial stabilities in the industry along with substantial equity, enjoys its positive reputation that allows direct and comprehensive access to financial institutions for banking support needs, which is a key guarantee for the success of its projects.

The Landowners in the Center

Africa Urban Renewal places its connection with the landowners at the heart of its activities. Throughout all its projects, the company maintains a firm relationship of trust, based on full transparency and cooperation with the landowners alongside the planning process and the project’s characterization according to the renewal neighborhood’s character. In the projects promotion field, the company operates with full dignity and sensitivity to the history of the regenerating place as well as with the nature of its community. Whilst doing so, Africa Urban Renewal also creates a new neighborhood with a unique character that combines between the past and the future of the place, in order to enable each resident to define it as home, whether it’s a new or an old resident. This model will lead to a regenerating of the community.
Africa Israel, as a well-known company, with an elaborate and rooted history in the Israeli Real Estate market, brings its vast experience in establishing residential neighborhoods and its added value that distinguishes its project, and creates the neighborhoods of the future, together with the landowners.

Contribution to the Community

For Africa Urban Renewal, community involvement and cultivation are an integral part of its ongoing activity and it invests in volunteer undertakings in the community. As part of this community activity the company organizes volunteer days, for example with its employees renovating apartments in old buildings that have not yet undergone urban renewal, renovating bomb shelters, etc.

Prominent Projects

Africa Urban Renewal’s business activity has enjoyed significant growth throughout the country, with projects in Jerusalem, and additional urban renewal projects nationwide: Netanya, Kiryat Ono, Lod, Beer Sheva, Herzeliya, Haifa, Ashkelon, Jerusalem, and Tel Aviv.
Some of the projects are executed in collaboration with Israel’s leading urban renewal companies. As parts of its rights in the projects it executes, Africa Urban Renewal markets the remaining apartments it builds to the public through Africa Israel Residence’s sales offices.
Its residential neighborhoods are designed with the aim to build vital and dynamic neighborhoods that have extensive public spaces. They are meticulously planned and provide a high-quality community residential experience with access to community services within walking distance, a green park, a safe space for children, and much more. The Savyonim brand represents a badge of quality for the customers and is a source of inspiration for development of the urban renewal projects.