Cnaan Group Initiation and Urban Renewal Ltd.

Residential Development with a Specialization in Urban Renewal

Cnaan Group Initiation and Urban Renewal Ltd.
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Company's Profile

Established: 2008
Line of Business: Residential Development with a Specialization in Urban Renewal
Address: 7 Mesada St., 4th B.S.R. Tower, 39th floor, Bnei Brak 5120112
Phone: 972-77-27202000
Fax: 972-77-2702001
Email: [email protected]
Website: www.cnaan.org.il
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Company Executives

  • Meir Tal, Cnaan Group Initiation and Urban Renewal Ltd.

    Meir Tal

    CEO & Owner

    Cnaan Group Initiation and Urban Renewal Ltd.

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    Meir Tal
  • Eyal Handler, Cnaan Group Initiation and Urban Renewal Ltd.

    Eyal Handler

    Chairman & Owner

    Cnaan Group Initiation and Urban Renewal Ltd.

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    Eyal Handler
  • Niv Rom, Cnaan Group Initiation and Urban Renewal Ltd.

    Niv Rom

    CEO, Cnaan Urban Renewal & Owner

    Cnaan Group Initiation and Urban Renewal Ltd.

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    Niv Rom
  • Odel  Nuni, Cnaan Group Initiation and Urban Renewal Ltd.

    Odel Nuni

    General Counsel

    Cnaan Group Initiation and Urban Renewal Ltd.

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    Odel Nuni
  • Ron Rotenberg, Cnaan Group Initiation and Urban Renewal Ltd.

    Ron Rotenberg

    CFO

    Cnaan Group Initiation and Urban Renewal Ltd.

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    Ron Rotenberg
  • Udi  Levy, Cnaan Group Initiation and Urban Renewal Ltd.

    Udi Levy

    Chief Sales Officer

    Cnaan Group Initiation and Urban Renewal Ltd.

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    Udi Levy
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About Cnaan Group Initiation and Urban Renewal Ltd.

Cnaan Group (“Cnaan”) is one of the pioneers of ”Urban Renewal” in Israel. Cnaan specializes in residential projects, promotion of “Urban Renewal Pinui-Binui” complexes, and “Tama 38” (Demolition and Reconstruction) projects. Cnaan is ranked at the top of “Urban Renewal” rankings and has proven success in completed and populated projects around Israel. Cnaan takes into consideration the unique needs of residents and owners, who are full partners of all processes, and the needs of the buyers of new apartments in those complexes. Cnaan operates in numerous “Pinui-Binui” complexes in Israel’s metropolitan areas, including Ramat Gan, Tel Aviv, Kiryat Uno, Givat Shmuel, Netanya, Ness Ziona, and Jerusalem. Cnaan specializes in locating neighborhoods and buildings which are in need of “Pinui Binui” or “Tama 38”. Cnaan enjoys a growth momentum and is expected to market more than 1,000 new apartments (in a “Pinui-Binui” format) over the next year. Cnaan was founded by Eyal Handler, Meir Tal, and Niv Rom (the “Founders”). The Founders are involved in the projects’ life cycle in order to create a modern high-quality residential environment while adhering to the strictest standards in the building industry. Cnaan’s extensive knowledge and experience in the above areas create the added value apartment owners, partners, and customers benefit from.

Experience, Expertise, and Professionalism

Cnaan’s vast experience, expertise, and professionalism are the key to its proven successes. Cnaan initiates quality projects in high-demand areas across the country. Cnaan carefully maintains the highest quality of materials, uncompromising design, smart work processes, meeting schedules and deadlines, and engages with the best architects, engineers, appraisers, execution contractors, lawyers and economists.

Environmental Quality

Cnaan integrates green building elements into its projects, such as energy-saving smart home systems, hydroponic gardens and more for the benefit of the residents.

“Pinui-Binui” Projects

Levi Eshkol South, Kiryat Ono: The eviction of 232 apartments and the construction of 745 new apartments and commerce area; Neve Yehoshua, Ramat Gan: The eviction of 96 apartments and the construction of 370 new ones; Negba, Ramat Gan: The eviction of 38 apartments and 13 stores, and the construction of around 150 new apartments across two buildings; The Market Complex, Nes Ziona: The eviction of 100 properties and the construction of 460 new apartments and a commercial area; G.SH.SH. Complex, Netanya: The eviction of 100 apartments and the construction of around 306 new apartments across three buildings; Giora Complex, Givat Shmuel: The eviction of 555 apartments. The zoning plan is in the approval stages in the National Planning and Zoning Commission for Preferred Residential Complexes.

Tama 38 Projects

“Masaryk Corner”, Masaryk Square, Tel Aviv: A unique project with 16 upscale boutique apartments and a commercial area; 12 Rabin, Ramat Gan: A new building with 28 apartments in a high-quality area; HaTsanhanim, Tel Aviv: A boutique project with 52 apartments in the renewing Neve Sharet neighborhood; HaNeviim, Tel Aviv: a unique 14 boutique apartments project. Pending construction permits; Breinin, Tel Aviv: 21 unique and specious apartments in the heart of Tel Aviv; Beeri, Tel Aviv: a 61 apartments project in a prime location;  75 Jerusalem Av., Ramat Gan: A unique building at the heart of Ramat Gan with 56 apartments; Touch, Ramat Gan: In cooperation with Maribu (1994) Ltd. The project is located near the Ramat Gan National Park and was marketed and populated;

Projects Pending Construction & Population

Mishkenot Aharon - Revava Orchards: A unique neighborhood that includes 54 spacious houses with large gardens in the religious settlement “Revava”, with a view of Samaria, in cooperation with MashHav Ltd. Populated; Haleom Residences - Jerusalem: A project with 125 apartments. Populated; Srugim BaKirya, Kiryat Shmuel, Haifa: A project with 36 apartments in two buildings. Populated; Srugim al HaPark, Neveh Gan, Petach Tikva: A project with 72 apartments. Populated; Kedem Courtyards, Modi’in: A project with 87 apartments. Populated; “Masaryk Corner”, Tel Aviv: An upscale boutique project with 16 apartments. Populated; Smart Towers, Ramat Gan: Two 23-story towers with 168 apartments with a high finishing and design level and attentive planning, including smart apartments and public spaces that are based on advanced technologies. Pending Occupation Permit and population; 2 HaPnina, Ra’anana: A project with 52 apartments across three buildings. Pending Occupation Permit and population; 1 HaPnina, Ra’anana: A project with 49 apartments. Construction started recently.

Ownership

Mr. Eyal Handler, Chairman of Cnaan, has a B.A. in Economics and Accounting, and an M.B.A. from the Hebrew University in Jerusalem. Eyal served as an owner and partner of an accounting firm for approximately two decades, of which 14 years as a partner in “Deloitte”, one of the Big Four firms in the world. Eyal also served as the CEO of a publicly traded promotion and construction company. Eyal has over a decade of experience in the construction and real estate industries. He has been serving as a director in several business entities and NGOs.

Mr. Meir Tal, CEO of Cnaan, has over 23 years of experience in real estate initiation, marketing, management and sales. Meir served as the marketing and development manager of large private companies in the real estate industry. In 2005 Meir served as VP, Marketing and Development of the Faire Fund of Shoval-Grofman Real Estate. Meir is a founder and partner of the real estate division of the Israeli Construction Center. In his capacity as an entrepreneur, he established among others “urban renewal” complexes and led the planning and the marketing of several urban building schemes in high-demand areas.

Mr. Niv Rom, CEO of Cnaan Urban Renewal Ltd., has a B.A., Business Administration and International Trade. He served as the marketing and sales manager of the Israel Construction Center’s Real Estate Group. In the framework of this role, he organized and produced the Israel Construction Center’s national apartment expo, annually wrote a book about purchasing an apartment and managed the Center’s marketing function. After retiring from this role, he founded Cnaan with his Partners, Eyal Handler and Meir Tal.

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Facts & Numbers

7 Total Projects

7

Total Projects

5 Total Projects before building permit

5

Total Projects before building permit

1 Total Projects after building permit

1

Total Projects after building permit

1 Total Projects Populated in 2018

1

Total Projects Populated in 2018

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