Aura Israel Development and Investments Ltd.

Aura Israel is Israel’s leading urban renewal and residential real estate company, that plans and constructs over 120 urban renewal projects throughout Israel, which include over 54,000 residential units. The company believes in personal connection, trust and commitment to the original residents, and the connection to the community in which it works. These values are the basis for its extraordinary growth over the past years, rendering it influential regarding Israel’s housing market. Aura is a publicly traded company that values at over NIS4 billion, which believes that urban renewal is the right way to build and renew Israel. The company views urban renewal as a national vocation and Zionist mission, enabling it to create a high-quality residential environment in a reality in which the vacant land is scarcer, and the urban spaces are dense. The company focuses on building thriving neighborhoods and communities that include advanced buildings, high-quality apartments, commerce space, public buildings, common complexes for residents, large-scale parks and infrastructure that is suited for the neighborhood’s structure and the community’s needs. Aura is the only company in Israel that has constructed and popularized two huge neighborhoods: Ono Valley, with eight buildings and 672 residential units, and HaGanim HaTluim in Yehud, with 858 residential units in 15 buildings. The company has additional projects with hundreds of residential units which will soon be populated. The founder, owner and CEO, Yaakov Atrakchi, is a businessperson and an entrepreneur, a pioneer in Israel’s urban renewal field.  His vast experience in the public sector and the knowledge and reputation accumulated in the capital market and real estate fields, facilitate his involvement in the company’s daily aspects of the work. The company’s work stems from the understanding of the need to create advanced urban areas, in order to improve the quality of life of its residents: both the original residents and the new buyers. Aura believes in professionalism and credibility and focuses on the human factor within the process: the residents of the company’s projects. The original residents are real and equal partners. The company’s representatives, led by Yaakov Atrakchi, meticulously work with transparency and dedication.

Extraordinary Capabilities in a Competitive Market

Aura gained much trust from the capital market and the banking system, thereby facilitating its fast development while implementing its advantages: unique specialization, an experienced team, a solid capital structure, proven financial abilities and management expertise. These facets are the basis for its extraordinary development, which can be seen in its meteoric rise of value. As of March 2024, Aura has been traded in the Tel Aviv Stock Exchange at a NIS4 billion value as a part of the prestigious Tel Aviv 99 stock and was ranked A3/IL Stable forecast. Throughout the last seven years, the company continuously won the first place in the Real estate Center and Madlan’s urban renewal ranking, as well as Dun and Bradstreet Dun’s Star ranking.

A Significant Improvement in the Quality of Life

Aura specializes in the development and construction of urban renewal complexes which include at least 300 residential units. As a part of Zionist creed and the company’s vision of renewing Israel, Aura develops neighborhoods and communities throughout Israel, and does not focus on sought-after areas. The company’s vast experience and the fruitful cooperation with local authorities and residents, enable it to complete projects quickly, for the benefit of the neighborhood’s residents, as well as improving their quality of life.

Select Projects in Marketing

Aura Ramat HaSharon: An urban renewal project which is being built near a large green park with accessibility to central traffic routes. The project includes six 20-floor modern buildings with 700 residential units with a magnificent view, alongside shops, cafes, bicycle lanes, an art center, green areas and more. The project is under construction.

Aura Ben Shemen: Eleven 7-23-floor buildings that include 602 residential units with luxurious lobbies, residents’ clubs and open common areas. The buildings are located at the heart of an advanced residential complex with boutique commerce and an adjacent urban park. The project is under construction and will be populated in 2024.

Aura Imagine, Givatayim: Aura will construct an additional large urban renewal complex soon, on HaHistadrut street. Three 25-35 -floor prestigious buildings will be constructed, with 557 residential units.

Aura the New Ramat Hen: Three 30-floor prestigious buildings will be constructed, with 550 residential units, which offer a pleasant and prestigious residential experience in one of Israel’s finest neighborhoods, with a spectacular view and convenient access to main traffic routes. The project includes a large park, playgrounds and public areas, commercial areas and convenience stores. Under construction.

Aura Ashkenazi, Yehud: A neighborhood that includes six 14-floor buildings with 444 residential units, with a spectacular boulevard at the center that includes commerce, public buildings, bicycle lanes and designed gardens for the residents’ wellbeing.

Aura Main Business Center, Lod: A first military neighborhood in Lod, which includes a unique complex that combines residence, commerce and offices. The neighborhood will include three buildings, with 286 residential units and approx. 5000 sq.m. of commerce and offices at Aura’s high standard.

Aura HaOren, Kiryat Ono: The new neighborhood will include five buildings with 355 residential units, including commerce floors, a public building and green areas in the center of the neighborhood. The neighborhood will be built in HaOren area, one of the most sought-after complexes near the metro, the mall and the city’s coveted public complexes. Under construction.

Aura City, Hadera: A large-scale project of demolition of shops and residential units, and the construction of four 22-26 floor buildings with 460 residential units and large-scale commercial areas. Under construction.

Aura Empire, Ramat Gan: An exclusive 36-floor tower located in the heart of Ramat Gan near main traffic routes, with prestigious 198 residential units and a commerce floor. Under construction.

Aura Only, Givatayim: A prestigious 25-floor tower with 168 residential units. The exclusive tower will be constructed near all of Givatayim’s great facilities: the mall, the parks and the city’s culture center. The tower offers an international standard with a prestigious lobby, a gym and an exclusive lounge.

Aura Pivko, Bat Yam: The prestigious tower, designed by architect Ilan Pivko, rises to 32 floors with 120 residential units in a central location in Bat Yam, only 300 meters from the beach, with boutique commercial areas. The tower offers exquisite residential units with a spectacular view of the sea, large balconies and prestigious specs. Under construction.