Ashtrom Properties Ltd.
A leading company for the development, construction, purchasing, and management of income producing properties in Israel and abroad
Company's Profile
| Established: | 1990 |
| Line of Business: | A leading company for the development, construction, purchasing, and management of income producing properties in Israel and abroad |
| Address: | 3 Hayarkon St., Bnei Brak, LYFE Tower, Building A, 33th floor |
| Phone: | 972-3-6231435 |
| Fax: | 972-3-6231332 |
| Email: | www.ashtromproperties.co.il |
| Website: | http://www.ashtrom-properties.co.il |
Company Executives
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Rami Nussbaum
Chairman of the Board
Ashtrom Properties Ltd.
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Ziv David
CFO
Ashtrom Properties Ltd.
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Avi Shuchman
VP of Properties
Ashtrom Properties Ltd.
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Benny Osmo
Deputy CEO
Ashtrom Properties Ltd.
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Revital Ofer
VP Marketing & Sales
Ashtrom Properties Ltd.
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Eliran Ilouz
VP Business Development
Ashtrom Properties Ltd.
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Ran Malka
VP of Engineering
Ashtrom Properties Ltd.
About Ashtrom Properties Ltd.
Ashtrom Properties is a leading real estate company specializing in the development, planning, construction, acquisition, and management of income-generating properties in Israel, Germany, and the UK. Established in 1990, it currently owns approximately 600,000 sqm of office, retail, industrial, and logistics space, and is advancing an additional 500,000 sqm of projects in planning and construction. A wholly owned subsidiary of Ashtrom Group, one of Israel’s largest and most stable construction and real estate groups, the company benefits from strong financial backing and follows a long-term investment strategy focused on the direct management of high-quality, well-maintained assets for many years to come.
Ashtrom Group
Established in 1963, Ashtrom Group has been a leading force in Israel’s construction and real estate sector for over six decades. The Group operates through eight business arms across diverse fields in Israel and abroad: construction and infrastructure, residential development, development and operation of rental housing, development and operation of income-generating properties, building and infrastructure industries, renewable energy, concessions, and international operations.
Since its founding, Ashtrom Group has built approximately 120,000 residential units and over 3.5 million sqm of commercial, office, hotel, public, and industrial space, as well as national and international mega-projects in the infrastructure sector. Today, the Group is publicly traded on the Tel Aviv Stock Exchange and is included in the TA-90 Index.
Ashtrom Properties – Areas of Activity
Ashtrom Properties provides the highest level of management and maintenance services across its properties, with a strong commitment to maximizing the potential of each asset and creating comfortable, pleasant, and innovative environments where tenants can create, manage, and grow.
Areas of activity
Office and Employment Spaces
Ashtrom Properties’ office buildings are characterized by advanced planning by leading architects, meticulous interior design, a wide range of high-end amenities, and prime locations in high-demand areas. The company offers an advanced work environment that incorporates innovative technologies while promoting energy
efficiency and sustainable environmental development.
Retail and Shopping Centers
Ashtrom Properties owns and manages shopping malls, commercial centers, and mixed-use projects totaling approximately 166,000 sqm across Israel. Tenants benefit from a high level of service, strategic locations, and extensive marketing activities aimed at increasing foot traffic and boosting sales.
Nationwide Industrial and Logistics Complexes
Ashtrom Properties owns and manages industrial, storage, and logistics complexes spanning more than 177,000 sqm, from north to south.
Mixed-Use Complexes
In recent years, Ashtrom Properties has embraced the global trend in urban planning and initiated mixed-use projects combining residential, office, and retail uses. The vision behind these projects is to create a comfortable, high-quality, and ecological environment where people want to live, work, shop, and enjoy leisure activities—all within a single 24/7 operating complex.
Income-Generating Properties Abroad
Ashtrom Properties owns and manages 21 income
generating properties in Germany and the UK, covering a total area of approximately 313,000 sqm.
Ashtrom Port
Ashtrom Port offers growing companies private offices within a shared campus, alongside a wide range of advanced shared business services. These include conference spaces, meeting rooms, classrooms, event rooftops, a fitness club, and more. Currently, three Port locations operate in Hod HaSharon, the LYFE Towers in Bnei Brak, and Tel Aviv.
Committed to a Green, Safe, and Accessible Environment
Ashtrom Properties is continuously working to reduce the environmental impact of its properties through LEED GOLD-certified construction and the integration of energy-efficient solutions, both in existing properties and in the planning of new developments. The company also prioritizes physical and digital accessibility across all its properties in Israel and abroad, while fostering a healthy and safe environment for its employees and tenants. In 2025, Ashtrom Properties published its first Corporate Responsibility Report.
Selected Income-Generating Properties
LYFE Towers, Bnei Brak (in partnership with Dan Real Estate) – One of the largest business, commercial, and leisure complexes in Gush Dan. The complex includes two office towers (with a third currently in development) overlooking HaYarkon Park and redefining the work/life balance.
Hi-Tech Park, Hod HaSharon Towers – Spanning approximately 30 dunams in the Neve Ne’eman industrial zone, the park features five office towers with a total built area of approximately 70,000 sqm.
Outlet, Hutsot HaMifratz (in partnership with Melisron) – An open-air shopping and entertainment complex in the heart of Haifa Bay, recognized as the largest outlet center in Israel and spanning approximately 39,000 sqm.
BIG FASHION Mall, Bat Yam – The city’s largest and most central mall, jointly owned by Ashtrom Properties and BIG Group, featuring three commercial floors across approximately 30,000 sqm.
Beit HaGavish, Netanya – A mixed-use complex in the industrial area, covering approximately 17,000 sqm and combining retail, office, and storage spaces.
Properties Under Development and Marketing
RISHO, HaElef District, Rishon LeZion – In the heart of the new business metropolis of Gush Dan, Ashtrom Properties, in partnership with the Phoenix Group, is developing five advanced office buildings. Two serve as the Phoenix Group’s new headquarters, while the other three will offer approximately 127,000 sqm of office space for rent.
OLIO, Bat Yam – In partnership with BIG Group, Ashtrom Properties is developing an advanced mixed-use project combining residential, office, leisure, and retail spaces. The complex is being developed adjacent to the renovated BIG FASHION mall.
The Capital, Jerusalem (in partnership with the Blilious Group, AKA Real Estate, and Drori Real Estate) – In Jerusalem’s entrance district, along the city’s new residential, business, cultural, and tourism axis, a groundbreaking mixed-use project is currently under construction,
offering a unique living, office, and retail experience.
Ashtrom Campus, Yavne – An advanced office, residential, and retail project designed to serve as a green campus for Israel’s leading companies. The campus will be built on an area of approximately 22 dunams.
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