Almog Yam Suf Holdings Ltd.

Urban Renewal

Almog Yam Suf Holdings Ltd.
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Company's Profile

Established: 2006
Line of Business: Urban Renewal
Address: 8 HaSadnaot St., Herzliya
Phone: 972-9-9717420
Email: [email protected]
Website: www.yamsuf.co.il
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Company Executives

  • Tzachi Omer, Almog Yam Suf Holdings Ltd.

    Tzachi Omer

    CEO

    Almog Yam Suf Holdings Ltd.

  • Yoav Papouchado, Almog Yam Suf Holdings Ltd.

    Yoav Papouchado

    Chairman of the Board

    Almog Yam Suf Holdings Ltd.

  • Roni Hirsch, Almog Yam Suf Holdings Ltd.

    Roni Hirsch

    Director

    Almog Yam Suf Holdings Ltd.

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About Almog Yam Suf Holdings Ltd.

Almog Yam Suf Holdings Ltd. is part of the Red Sea Group, which was established in the mid-70s by Mr. Eli Papouchado and operates in the fields of development, construction, maintenance and management of real-estate properties and operations, with a wide international footprint and with an emphasis on Israel, the US and Europe. The companies in the group benefit from funding for their projects thanks to their reputation and financial strength. The group’s companies operate in the residential real-estate, hotels and yielding properties sectors in Israel, the US and Europe, and benefit from extensive experience and knowledge in contracting and construction from many years of operating in these fields, with the flexibility and the capability to identify business opportunities in their target markets. The group’s companies initiate and execute residential, commerce and hotel construction projects. Over the years, the group’s companies built thousands of housing units, hotel rooms and hundreds of thousands of sq.m of commerce spaces in Israel, Europe and the US.

Today, the residential real estate division in Israel focuses on promoting urban renewal projects. The company has extensive experience in promoting complex master plans and submitting permits efficiently and quickly. The group is carrying out Pinui-Binui projects, some of which are already populated, some under construction and some are pending permits and planning.

Projects Under Construction

Ramat Gan, Highline Project - Evacuation and reconstruction project, located at the desired Ramat Gan’s Elite Junction, bordering with Tel Aviv, in the corner of Arlozorov and HaMatmid streets. The group was chosen by the residents of the complex to execute the project. As part of the project, 89 housing units will be evacuated, and 285 housing units are being built instead, in two 30-story towers. Construction and population of the first tower with 163 residential units has been completed, and the second tower with 122 residential units has currently began construction.

Future Projects

HaBosem St., Tel Aviv - An evacuation and construction project in HaBosem street complex in Tel Aviv. 130 residential units will be evacuated, and a new residential neighborhood will be constructed facing the park, in which 474 residential units are planned.

Aba Hillel St., Ramat Gan - An evacuation and construction project in the coveted Aba Hillel Street in Ramat Gan. 33 residential units will be evacuated, and a 22-story residential tower will be constructed, in which 100 residential units will be built.

Young Herzliya, HaGaon MiVilna Street - An evacuation and construction project in the Shikun Darom complex in Young Herzelyia, near Tzamarot project. As part of the project, 226 residential units will be evacuated, and 650 residential units will be built, alongside commercial space and green areas. The project is in cooperation with Levinstein Group.

Kiryat Motzkin, Yoseftal Street - An evacuation and construction project in Kiryat Motzkin. As part of the project, 48 housing units will be evacuated, and instead 326 housing units will be constructed in 4 buildings with about 20 stories each. The project is about to receive its construction permit.

Completed Projects

Rehovot, Hatzerot HaMoshava Neighborhood - The project is located at the perfect location in the center of Rehovot, near Sheshet HaYamim and HaYam roads. This private residential neighborhood every family dreams of, with access to main transportation routes and rich environmental development.

Tel Aviv, Neve Tzedek Tower - A 34-story residential tower Neve Tzedek neighborhood with 264 housing units (on the first 10 floors double loft apartments). The luxurious tower has a rich spec including an upscale lobby, a gym and a pool on the 9th floor. The project was completed and populated in 2007. In cooperation with Nehoshtan Inc.

Herzliya, Marina - Two 12-story towers on the beach of Herzliya, above a commercial center, with 167 housing units. The project was completed and populated in 2003. The project was executed in cooperation with Shikun&Binui.

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Projects