Ashdar Building Company Ltd. - Part of the Ashtrom Group

Initiation, development and marketing of residential projects and urban renewal

Ashdar Building Company Ltd. - Part of the Ashtrom Group
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Company's Profile

Established: 1972
Line of Business: Initiation, development and marketing of residential projects and urban renewal
Address: 3 Hayarkon St., Bnei Brak 5120125,
Building A, 35 floor, Ashtrom LYFE
Phone: 972-3-6374200
Fax: 972-3-6374203
Email: [email protected]
Website: http://www.ashdar.co.il
Facebook: Click to View
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Company Executives

  • Gil Gueron, Ashdar Building Company Ltd. - Part of the Ashtrom Group

    Gil Gueron

    Chairman of the Board of Directors

    Ashdar Building Company Ltd. - Part of the Ashtrom Group

  • Arnon Fridman, Ashdar Building Company Ltd. - Part of the Ashtrom Group

    Arnon Fridman

    General Manager

    Ashdar Building Company Ltd. - Part of the Ashtrom Group

  • Omer Guggenheim, Ashdar Building Company Ltd. - Part of the Ashtrom Group

    Omer Guggenheim

    Deputy CEO & Head of Business Development and Urban Renewal

    Ashdar Building Company Ltd. - Part of the Ashtrom Group

  • Rachel Brizel, Ashdar Building Company Ltd. - Part of the Ashtrom Group

    Rachel Brizel

    VP Marketing & Sales

    Ashdar Building Company Ltd. - Part of the Ashtrom Group

  • Roy Kanfi, Ashdar Building Company Ltd. - Part of the Ashtrom Group

    Roy Kanfi

    CFO

    Ashdar Building Company Ltd. - Part of the Ashtrom Group

  • Shahar Ezrachi, Ashdar Building Company Ltd. - Part of the Ashtrom Group

    Shahar Ezrachi

    VP Engineering

    Ashdar Building Company Ltd. - Part of the Ashtrom Group

  • Micha Kurtzberd, Ashdar Building Company Ltd. - Part of the Ashtrom Group

    Micha Kurtzberd

    VP Planning & Real Estate

    Ashdar Building Company Ltd. - Part of the Ashtrom Group

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About Ashdar Building Company Ltd. - Part of the Ashtrom Group

Ashdar Building Co. Ltd., part of the Ashtrom Group, and under the management of Arnon Fridman, is one of Israel’s leading companies in entrepreneurial residential construction. The Company, whose bonds are traded on the TASE, is active in the initiation, development and marketing of high-quality residential projects throughout Israel as well as being a leader in the urban renewal field. Ashdar sells hundreds of apartments annually and has a backlog of thousands of residential units at various planning stages. The Company is currently involved in the initiation, planning and construction of residential projects encompassing over 12,000 apartments. Ashdar is under the full control of the Ashtrom Group, one of the largest and most stable companies in Israel.

Innovative Residential Concept

The high importance placed by Ashdar on understanding its customers’ needs is what has made it a leader in its field for over 50 years of activity, in specializing in the construction of residential projects with particular emphasis on the design of the apartments and buildings. As part of its innovational approach, Ashdar promotes Pinui-Binui (Evacuation and Reconstruction) projects, being one of Israel’s pioneers in obtaining urban renewal outline plan approvals on an entrepreneurial basis. The Company has signed agreements with apartment owners for urban renewal projects in dozens of localities throughout the country. Over the past decade, Ashdar has been active in the initiation, planning, construction and marketing of small-scale projects, mainly under the TAMA (National Outline Plan) 38 scheme. Ashdar is active in more than 40 TAMA 38 projects in various stages of planning and execution in Ra’anana, Ramat HaSharon, Tel Aviv, Ramat Gan, Givatayim, Kiryat Ono and other cities.

Vision

Ashdar aspires to maintain its lead in its field and provide services in a high-quality living environment. The Company’s business strategy is to expand its scope of operations to 1,200-1,500 residential units per annum with revenues totaling NIS 1.8-2.0 billion, while focusing on the construction of residential projects in high-demand areas in all parts of Israel.

Selected Projects

Ashdar Tagor-Neve Avivim, Tel Aviv - The Ashdar Tagor project is located on the corner of Einstein St. and Tagor St. in the upscale Neve Avivim neighborhood, facing the Ramat Aviv Mall and near Tel Aviv University. The project consists of 3 richly appointed 9-18 storey buildings following international residential trends, with a high standard of construction and an exciting design. The project offers 3, 5 and 6 room apartments, a duplex unit, garden apartments, mini-penthouses and penthouses.
Ashdar Einstein - Neve Avivim, Tel Aviv - At the heart of the upscale neighborhood “Neve Avivim” in Ramat Aviv, an innovative and designed 8 storey buildings is being built. 45 apartments in three entrances, meticulously-planned 3-4 room apartments and penthouses.
Remez 36 - Tel Aviv - A designed and impressive boutique residential building, taking shape on one of Tel Aviv’s most sought-after streets, near Kikar HaMedina and within a walking distance of the culture, shopping and culinary institutes that define Tel Aviv. The project has only 21 apartments with a mix of 3-4 room, garden apartments, mini-penthouses and a penthouse, each one unique and meticulously planned, reflecting the best version of an urban and contemporary residential experience.
Neot Afeka by Ashdar - Tel Aviv - at the heart of the Neot Afeka, Tel Aviv’s most beloved and sought-after neighborhood, a new residential project is being built. Fresh and luxurious living quality, surrounded by gardens and open green spaces. A step away from the neighborhood country club, leading education institutions, shopping centers and the city’s culture and leisure centers. The project includes an elegant and impressive, with eminent attentive architectural design in each and every detail. The tower is surrounded by a huge garden, with a spectacular landscape design. 69 apartments with a mix of 4-5 room and unique penthouses.
Ashdar Pardes Kiryat Ono - This neighborhood offers an optimal mix between contemporary urban living and a warm and familial rural atmosphere, and is regarded as one of Gush Dan’s most attractive and desirable areas. Ashdar’s flagship project is located at a strategic point near the city’s exit, offers 813 apartments in thirteen 13 storey residential towers, with a variety of 3-6 room and garden apartments, and penthouses.
Go Yafo Tel Aviv - between Yafo’s timeless charm and Tel Aviv’s boundless energy, a new residential quarter would be built, with countless possibilities of culture, culinary, fashion and entertainment around it. 5 buildings of 15-17 storeys, surrounded by green and serene areas. 350 apartments with a diverse mix of 2-5 room, mini-penthouses and penthouses with a spectacular view. A new standard of comfort and innovation for living experience.
Ashdar Agamim, Netanya - In Netanya’s Agamim quarter Ashdar is building 581 residential units in twelve 4-16 storey buildings. The project includes 4 and 5 room spacious apartments, penthouses, mini-penthouses, and garden apartments, adjoining the Netanya Winter Lake Park undergoing renovation.
Ashdar Galei Netanya - At the sought-after heart of Netanya, between the lively city center and the spectacular beach, an advanced residential complex is being built, with 2 towers in an elegant and contemporary design, with 152 apartments in a diverse mix of 3-5 room and spectacular penthouses. The project is built in a green environment that combines parks and serene nature expanses with a quality community, urban convenience and maximal accessibility.
Ashdar Nahlat Yehuda Rishon LeZion - A project in the upscale neighborhood of Nahlat Yehudah with two 27 storey residential buildings above an underground car park. The project offers 4 and 5 room apartments and upscale penthouses.
Ashdar Tar’ad, Ramat Gan - A project under construction at Ramat Gan’s most sought-after location, near the Diamond Exchange on the border of Tel Aviv and Ramat Gan. The project is located near entertainment and leisure centers and the “Talma Yalin” art school. The project includes 2 unique 9 storey buildings with a wide variety of carefully designed and planned garden apartments, spectacular penthouses and 2,3,4,4.5 and 5 room apartments.

Future Prospects

In the forthcoming year Ashdar plans to launch selected projects in Central Israel, including a project in Quarter 4 on Charleson St. in north Tel Aviv. A project on Anohi St. in Neot Afeka, Tel Aviv, and additional projects in Herzliya, Givat Shmuel, Be’er Yaacov and other central cities.
The company has been offering high quality residential solutions in Israel for over 50 years, in the course of which it has provided housing for tens of thousands of satisfied families all over the country.
Ashdar of the Ashtrom Group is accomplishing its vision as a leading company in its field for many years to come.

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