Almegurim Urban Renewal Ltd.

Almegurim is a leading urban renewal initiation company. In all projects that Almegurim has initiated, the company has been the key coordinator from meeting tenants to obtaining population certificates from various authorities. Our company adheres to the highest standards in all of our projects, focusing on close personal management and supervision, both on the planning and execution aspects, on the financial front, and on the schedules, which we closely follow. Our team at Almegurim was able to manage all the projects we were assigned from their inception to completion in a professional and efficient manner.

The Company’s Fortes

While many contractors and entrepreneurs work in the construction industry, not many companies combine entrepreneurship and execution into first-class executive project quality. Our uniqueness is our route to success. We at Almegurim serve as an “umbrella” for the entire construction process, acting as a clearinghouse for all parties involved in the project - including the apartment owners in urban renewal projects, the buyers of new apartments, and our contractors with whom we work closely throughout the project. With a company that both initiates the planning process and assumes responsibility for inspecting the execution of the project, there is no “corner-cutting”.

The Apartments Buyers

Almegurim provides its clients with a unique construction experience, turning their purchased apartment into a home. The clients enjoy personal service, as the company believes that the clients’ needs are a leading value, and maintains professional work at all times. The apartments delivered by the company are “good to go”. The fact that Almegurim is a boutique company enables it to provide the clients with personal service, therefore the apartments sold include high-quality air conditioning, finishing, and infrastructure.

Financial Strength

The company benefits from financial strength which enables it to execute projects purely based on its equity, with finance from Israel’s leading banks, even in challenging times, without external partners or financiers. As a boutique company, it is able to focus on the financial elements of the project and bring it to a successful closing in a short period of time with a high level of execution without compromising quality.

A Close Relationship with Existing Residents

Existing residents benefit from the company’s proven ability to renovate the building and improve their apartments.
The company emphasizes the satisfaction of its customers – the apartment owners and new buyers: the apartment owners benefit from its proven ability to renew their homes and buildings and provide them with brand new visibility. Simultaneously, new apartment buyers receive from the company apartments with premium specs and the highest finishing quality in the industry.

Projects Under Construction and Occupied Projects

9 Halatz, Holon: A strengthening and expansion project for a 4-story building with 16 old apartments. In the framework of this project, which started in 2015 and received a permit extremely quickly, the building’s external appearance was renewed, all of the infrastructures were replaced and each resident received a 14 sq.m. balcony and a security room. 12 new apartments were added to the building in 3 new floors. The project was completed and populated in 2018.
19 Arlozorov, Yahud: A strengthening and expansion project for a 4-story building with 16 old apartments. In the framework of this project, the building’s external appearance was renewed, all of the infrastructures were replaced and each resident received a 12 sq.m. balcony and a security room. 11 new apartments were added to the building in 3 new floors, all 5-room premium apartments. The project was completed and populated in 2020.
7 Halatz, Holon: A strengthening and expansion project in a building next to the Halatz 9 project. The project has identical features to the adjacent building that was completed. 12 new apartments were added in 3 new floors. The project was completed and populated in 2021.
11-13 HaMizpe, Ganei Tikva: A strengthening and expansion project for two 4-story buildings which are connected by a joint wall. In the framework of this project, the building’s external appearance was renewed, all of the infrastructures were replaced and each resident received a balcony and a security room. In total, 10 new apartments were added to each building – 4.5-room and 5-room apartments, and penthouses. A building permit was received in July 2020 and the project was populated successfully.
34-36 Remez St., Yahud-Monoson: A two-building project in Yahud Monoson that continues the company’s success in this area. The project will include the strengthening and expansion project of two 4-story buildings with 32 old apartments, to which 20 new apartments in 3 new floors will be added.

Projects in Planning

3-5 HaMizpe, Ganei Tikva: An additional project of the company in the street. A strengthening and expansion project for a 4-story building with 16 old apartments. In the framework of this project, the building’s external appearance will be renewed, all of the infrastructures will be replaced and each resident will receive a balcony and a security room. In total, 10 new apartments are planned in 3 new floors.
18-20-22 Ein Hanoch, Ganei Tikva: Another project in Ganei Tikva. A strengthening and expansion project for a 4-story building with 24 old apartments. In the framework of this project, the building’s external appearance will be renewed, all of the infrastructures will be replaced and each resident will receive a balcony and a security room. In total, 15 new apartments are planned in 3 new floors.

The Company’s Executive Management

Oshri Mankriz, Founder and CEO: Married and father of three, a lawyer by education and has a B.A., Business Administration. Founder and director of the company since 2012. Under his management, the company has specialized in the processes of urban renewal and elite construction. He believes a manager should be able to understand the business at all levels, including understanding the differences between diverse kinds of concrete as well as reading plans. According to him, reputation-building is a marathon, not a sprint.
Meir Levy, VP and Project Manager: Married and father of three, responsible for the residents’ relations from the planning and signing stage, throughout the entire construction phases, and the fulfillment of the residents’ needs to the delivery of the key at the end of the process.

The Company’s Vision

Over the next few years, the company aims to enter large high-density construction projects and also the Pinui-Binui field, to build and renew complete residential complexes.