B.S.R. Group

B.S.R Group is a leading construction development and engineering group that specializes in developing, building and managing real estate projects in Israel and globally. For the past 40 years, the group has been managed by Eng. Nachson Kiviti, who is accompanied by a team of professional managers from finance, marketing, engineering, planning, supervision, urban renewal, and administration. BSR’s track record includes more than 100 large-scope projects of residential, employment, commerce, and mix-use buildings which were built and populated successfully, and are positioned as some of the most sought-after and high-quality projects, decorated with engineering and architecture awards. The group benefits from an extensive reputation based on its capabilities to develop, manage, plan and build while meticulously maintaining uncompromising construction quality and complying with budgets and schedules. In addition, the group received broad trust from the banking system and its projects are accompanied by Israel’s leading bank. Over the years, the group has developed and built more than 4,000 residential apartments at the heart of Israel’s high-demand areas and more than 1,000,000 sq.m. of employment and commerce areas, redefining the employment metropolis. The company has made its mark on every major city in Gush Dan with large-scale, significant projects in Tel Aviv, Bnei Brak, Ramat Gan and Petach Tikva. In recent years, the group completed the population of the 50-story Rom Tower in Park Tsameret, Tel Aviv, and of the B.S.R City project in Petach Tikva, which includes four 30-story residential towers and about 30,000 sq.m. of commerce areas, and started executing a Pinui-Binui project “Next on the Park” in 6-10 HaTayasim Rd. Tel Aviv, with 260 apartments and with Bank HaPo’alim as the financier. During 2025-2026, B.S.R. is expected to start the execution and marketing of about 1,500 apartments in high-demand areas in the center of the country. In recent years, the company has carried out significant actions to strengthen its yielding properties division and expand its development operations through acquisitions of strategic lands at prime locations, rezoning them for initiating large-scale mix-use projects. Currently, the company is promoting three complex projects that continue to bolster its position as one of Israel’s leading and most influential real estate companies:
VERTICAL – Together with partners, the company won a public tender of the ILA, Dira LeHaskir and Ayalon Highways in the “Diamond Exchange Triangle” in Ramat Gan, covering about 10 dunams, for the construction of 750 long-term rental apartments and student dormitories, office towers, public buildings and commerce, with a total built area of about 176,000 sq.m. The company is cooperating with the Ramat Gan Municipality to promote a rezoning plan that would increase rights to about 300,000 sq.m.
MEDICITY – The company acquired 50% of about 16 dunams of land in Petach Tikva, near Beilinson Hospital. The land has an existing zoning plan for about 56,000 sq.m. of office and commerce and about 62,000 sq.m. of basements. The company intends to begin the execution of Phase A while promoting a new zoning plan for a yielding healthcare campus including clinics, offices for medical startups, a hospital motel, student dormitories, assisted living, commerce and a public parking area with about 1,000 spaces.
GATE – Together with partners, the company won an ILA tender for a mix-use project in the business quarter at the entrance to Jerusalem. The partners have begun execution of the project, expected to be completed in 2029.

Notable Projects Under Construction

GATE, Jerusalem: A mixed-use project at the entrance to Jerusalem, 120,000 sq.m. of commercial, employment, and hotels as well as 380 long-term lease residential units.
B.S.R 1K, Rishon LeZion: Two 25-story office towers with about 70,000 sq.m. of employment areas and a 3-story pavilion above a commerce floor and underground parking. The first building was fully marketed as part of a purchasing group and the second is being built in partnership with Menora Mivtachim, JTLV and Yehuda Rahamim.
B.S.R Sarona, Tel Aviv: A mix-use project in Sarona Park, Tel Aviv, with three 39-story residential towers above about 12,000 sq.m. of offices and commerce.
B.S.R Machne Yehuda, Jerusalem: Two 31-story residential towers with 308 apartments at the heart of the Machne Yehuda market.
Next on the Park, Tel Aviv: A residential complex in Tel Haim neighborhood, with six 7–9-story buildings in a perimeter block, totaling 260 apartments.

Notable Projects Completed Last Year

B.S.R Icon, Diamond Exchange Complex, Ramat Gan: A 30-story office tower, about 34,000 sq.m. of offices and commerce. Fully marketed.
B.S.R Rishon, Rishon LeZion: A 17-story office tower in West Rishon LeZion, about 24,000 sq.m. of offices above a commerce floor and underground parking. Fully marketed. The group is promoting a zoning plan for an additional 35–40-story office tower in the complex.
ALBI BEACH, Bat Yam promenade: A commercial center of about 3,500 sq.m. located on the Bat Yam promenade, Sunset beach.

Urban Renewal

B.S.R’s urban renewal development arm leverages the vast experience accumulated by the group to plan and construct projects of the highest quality for residents. B.S.R is a key player in this segment with more than 7,500 apartments in advanced stages of development, planning and permits in major Israeli cities.
During 2021, the company completed the first Pinui-Binui project in East Tel Aviv, at 64-68 La Guardia Street, which included 275 apartments in perimeter block and facilities such as a gym, residents’ club, green areas, and parking basements. The company is currently evacuating and initiating a complex in the Bavli neighborhood, near Yarkon Park: 9 buildings with 300 apartments, prestigious specifications and inviting public areas.
B.S.R considers apartment owners full partners in the journey. The entire process is executed transparently and professionally, while accompanying residents until they receive the key and even after. The company believes that urban renewal is the present and future of Israeli real estate, emphasizing its communal importance and its role in improving quality of life for thousands of families.

Community Service

The company actively participates in the “Adopt a Fighter” project, adopting the commando unit “Egoz” for the past 15 years.
B.S.R Group’s Notable Urban Renewal Projects
Bavli Complex, Tel Aviv – about 300 apartments
Karni-Shim’oni, Ramat Aviv, Tel Aviv – 229 apartments
6–10 HaTayasim, Tel Aviv – 260 apartments
24–28 La Guardia, Tel Aviv – 228 apartments
30–34 La Guardia, Tel Aviv – 230 apartments
1–7 Yiftah, Tel Aviv – 240 apartments
2–4 Bizron, Tel Aviv – 120 apartments
Olga Complex, West Hadera – about 1,800 apartments
77–79 Krinitsi, 3–7 Avraham Av., 4–6 Mevo Yahalom, Ramat Gan – about 200 apartments
63 Ha’Atzma’ut, 36–44 Ahad Ha’am, Herzliya – about 135 apartments
Sha’ar HaIr Project, Bat Yam: 2–10 Bilu, 2–8 Simha Holtzberg, 1–5 Balfur
40–44 Katznelson, Petach Tikva – about 360 apartments
3–53 Ben Gurion, Azor – about 800 apartments
The Reger Complex, Shlomo HaMelech and Ya’akov Avinu, Beersheba – about 950 apartments