Coral Group

Coral Group, established in 2012, provides comprehensive, high-standard solutions for the real estate development and construction industry. With a forward-thinking approach, the group integrates residential, industrial, and logistics construction, urban renewal initiatives, and a foreign workforce company employing 350 workers across its projects.
Today, Coral Group is building approximately 600 residential units across Israel, advancing urban renewal plans totaling around 1,000 new apartments, and developing industrial facilities nationwide.

Innovation, Creativity and an Emphasis on Customer Satisfaction

Coral Group continues its trend of consistent growth and expansion, while adhering to its core values, personal involvement and uncompromising construction standards, while emphasizing innovation, creativity and customer satisfaction. The company’s heads and executives are committed to attention to the finest details, even as a large group that executes projects on a national scale.

The Group’s Executive Management

Almog Haim Abutbul, Founder and CEO - began his journey in the construction and real estate industry over a decade ago when he founded Coral Group. Driven by an entrepreneurial spirit, he has since gained deep insight into the unmet needs and challenges of Israel’s housing and construction sectors. Almog is committed to realizing the group’s vision—building a skilled, professional team that delivers engineered, innovative, and safe construction at the highest standards, while creating real value and a positive experience for clients and homeowners.
He holds an LL.B. from Ono Academic College, is a licensed realtor, and is a graduate of both the Real Estate Center’s Investments and Business Campus and the Construction Project Managers Course.
Avishai Gozlan, Joint CEO & Strategic Consultant - has been an integral part of Coral Group since its inception, playing a key role in its growth and development. He serves as a strategic advisor and “door opener,” identifying new opportunities while enhancing and streamlining the group’s operations and business processes. Avishai is instrumental in forging the company’s major partnerships and strategic collaborations.
Before joining Coral Group, he spent over a decade founding, managing, and consulting for companies in management and placement, marketing, procurement, and team training. His experience also includes strategic consulting on mergers and land acquisition transactions. He holds a B.A. in Political Science, Government, International Relations, and Human Resources.
Stas Abramov, VP, Urban Renewal and Development-Stas oversees three key pillars of Coral Group’s business development: marketing and sales operations, customer and resident relations, and the advancement of urban renewal projects—from concept to permit. Prior to joining the group, he led sales organizations for major public companies such as Samsung Israel and Electra. Stas holds a B.A. in Real Estate, Urban Planning, and Appraisal from Bar-Ilan University.
Guy Khavia, CPA, MBA,CFO - Guy brings over 15 years of experience as a CFO and director in publicly traded companies in Israel and abroad. He specializes in leading M&A transactions, capital and debt fundraising, and managing complex financial structures in global environments. As CFO of Coral Group, Guy plays a vital role in strengthening the group’s financial foundation, overseeing reporting and control processes, and supporting its rapid growth with robust financial leadership.

Selected Urban Renewal Projects - Coral Group

• 114 HaGolan St., Ramat HaHayal, Tel Aviv-Demolition of an 8-unit building; construction of a new 4-story building above ground floor with 19 apartments.
• 23-25-27 Bloy St., “Shifer” Neighborhood, Petach Tikva-Demolition of three buildings totaling 18 units; construction of an 11-story building with 54 new apartments.
• 8 Yahud St., “Kfar Ganim” Neighborhood, Petach Tikva-Demolition of a 9-unit building; construction of a 10-story building above ground floor with 27 apartments.
• 10 Yarmuch St., Y”A District, Ashdod-Demolition of a 32-unit building; development of two new buildings with a total of 208 apartments (104 in each).
• 11 Sapir Yosef St., Rasko A Neighborhood, Holon-Demolition of a 4-unit building; construction of a 5-story building above ground floor.
• 4-6 Anilevich St., Petach Tikva-Demolition of a building with 10 apartments; construction of a 10-story building with 30 new units.
• 39 Truman St., Ramat Gan-Demolition of a 6-unit building; construction of an 8-story building with 16 new apartments.
• 14 Jabotinsky St., Agrobank Neighborhood, Holon-Demolition of a 9-unit building; construction of an 8-story building with 22 apartments.
• Hafetz Haim – Balfour Area, Petach Tikva-Demolition of 4 buildings comprising 55 apartments; redevelopment includes approximately 140 new housing units with a diverse residential mix.

Selected Projects - Construction Contractor | Coral Group
Residential Projects

• Ir HaYain, Ashkelon – Lot 124-Construction of two 15-story residential buildings (136 units) for Globus International and Grofit Ltd.-Status: Populated.
• Ir HaYain, Ashkelon – Lot 311-Construction of a 6,000 sq.m. parking garage, 2,400 sq.m. commercial center, and two 16-story buildings (160 units) for Globus International and Grofit Ltd.-Status: In population
• Ir HaYain, Ashkelon – Lot 114-Construction of a 3,800 sq.m. parking garage and three 15-story residential buildings (282 units) for Globus International and Grofit Ltd.-Status: Start of deliveries
• Moreshet, Modi’in-Construction of 7 residential buildings (119 units) and a 3,500 sq.m. parking garage for Donna Ltd.-Status: Populated
• Carmei Gat, Kiryat Gat-Turnkey project for 84 apartments for Orot Gat Ltd.-Status: Populated
• Ganei Tal, Ashdod-Steel frame works for 132 apartments (Stage A) for Ofek Shelly Ltd.-Status: Populated

Industrial & Logistics Projects

• Sano Factories, Emek Hefer-Structure and finishing of 14,000 sq.m. operational warehouse and 11,000 sq.m. automated warehouse.-Status: Delivered
• Ammonia Factory, Rotem Plains-Construction and steel framing of a 28,000 sq.m. factory with approx. 60,000 inches of pipe welding, for Servizi Energy Italy and Haifa Chemicals.-Status: Delivered
• Pumped Storage Station, Kokhav HaYarden-Concrete works for a 30,000 m³ pumped-energy station for Sinohydro Corporation.-Status: Delivered
• Willi-Food Factory, Yavne-Steel frame works for a 5,000 sq.m. operational warehouse and 3,000 sq.m. automatic warehouse for A. Sade Projects Ltd.-Status: Delivered