Grofit

Grofit Development Company is a private enterprise with 5 decades of experience in the real estate sector. It is successfully owned and managed by Mr. Amir Rachlevsky, a civil engineer and Technion graduate with extensive expertise in real estate, who has successfully led the company. The company specializes in initiating and executing a wide range of large-scale projects, including residential, commercial, office buildings, logistics centers, hospitality, and assisted living facilities. Grofit owns income-generating properties and shopping centers in city centers. The company enjoys financial stability and gains a strong reputation among financial institutions, ensuring the success of large-scale projects. Grofit is one of the leading companies according to Dun’s 100 ranking and to the Real Estate Index.
Grofit excels in all stages of real estate development, planning, construction, and service, providing unique added value to its clients. The company’s projects span from Ashkelon in the south to Nahariya in the north, with a portfolio of 1,500 residential units in execution and a planning stock of approximately 4,500 additional units for various market segments, including private buyers, within the framework of Israel Land Authority tenders, free market and affordable housing initiatives. Grofit is classified by the Ministry of Construction and Housing as an “unlimited housing company” and holds an unlimited G-5 contractor classification by the Contractors Registrar.

Over a Decade of Urban Renewal Expertise

In response to the growing need for urban improvement, Grofit has been advancing dozens of urban renewal projects over the past decade in various stages of development. These projects are located in cities such as Tel Aviv, Herzliya, Ramat Gan, Yavne, Petah Tikva, Rehovot, Pardes Hanna, and other major urban centers, comprising approximately 7,000 residential units. Grofit has successfully completed several urban renewal projects in prime locations, achieving high satisfaction among apartment owners.

Five Decades of Real Estate Experience and a Commitment to a Better Future

Throughout its history, Grofit has maintained its success in the real estate industry, earning a reputation for quality and excellence. The company is known for its client-focused approach, strict adherence to schedules, high-quality execution, and innovation across a broad array of completed projects. Grofit views its employees, clients, and suppliers as partners on its journey. The company fosters a culture of service and safety among its employees. The company’s mission is to contribute to a better future for its clients. Grofit employs a dedicated and experienced team, encompassing all necessary disciplines for executing diverse projects. The team includes engineers from the Technion and other universities, as well as meticulous and experienced project managers. This team forms the backbone of the company, enabling it to offer optimal solutions to both private and business clients.

Selected Urban Renewal Projects – Planning, Marketing, and Construction Phases

• Yavne, Carmel Street - 286 units, under marketing and construction. Phase A occupied, Phases B and C under marketing and construction.
• Bat Yam, Matzada Street - 191 units, in planning.
• Tel Aviv, Herzfeld - 600 units, in planning.
• Pardes Hanna, Lamerechav - 124 units,
in planning.
• Rehovot, Paratroopers Street - 202 units,
in planning.
• Petah Tikva, Kaplan Street - 192 units,
in planning.
• Herzliya, Hadar Street - 90 units, in planning.
• Ramat Gan, San Martin Street - 75 units, in population.
• Ramat Gan, Ma’apil Street 6-8 - 893 units, in planning.
• Ramla, Amichai Sharet - 180 units, in planning.
• Rehovot, Sha’arayim - 91 units, in planning.
• Netanya, Rabbi Kook Street - 90 units, in planning.
• Tel Aviv, Bloch Street - 33 units, under marketing and construction.
• Tel Aviv, Patai Street - 102 units, in planning.
• Jerusalem, Gilo - 450 units, in planning.

Selected Residential Projects

Grofit has additional residential projects in various stages of planning, permit advancement, marketing, and construction:
• Ashkelon - 618 units – affordable housing, mixed typology – under marketing and construction.
• Even Yehuda - 154 units – affordable housing, mixed typology – under marketing and construction.
• Pardes Hanna - 71 units, cottages – under marketing and construction.
• North Yavne -Tower 5 – 110 units– under marketing and construction.
• East Yavne - 120 units – target price and free market – in planning.
• Be’er Ya’akov - 129 units - target price and free market – in planning.
• Petah Tikva, Sirkin – 205 units - target price and free market – in planning.
• Hadera – 150 units – in planning.
Income-Producing Properties
Grofit is also active in the income-generating properties sector. The main properties include:
• Lod, Housing Complex - 192 units - active.
• Ashkelon, Housing Complex - 192 units - active.
• Nazareth Illit, Commercial Center - 20,000 sqm - active.
• Binyamina, Commercial Center – 5,000 sqm - active.
• Ashkelon, Commercial Center – 3,000 sqm - active.
• Nazareth, Commerce and Industry - 35,000 sqm – under marketing and construction.
• Rehovot – Student Dormitories, 350 units –
active.
• Ashkelon - Nursing Home – 220 units – in planning.
• Ofakim – 3.500 sq.m. Commerce/Employment – in planning.
Logistic Structures
• 9 Ir HaYayin – in planning.• Pardes Hanna Ilanot Complex, 10 dunams – in planning.
• 100 dunams in Ashdot Yaakov – under marketing and construction.
Land for Assisted Living – Permit Advancement
• Pardes Hanna – 280 units.
• Hadera – 90 units.
• Kiryat Gat - 350 units.
• Tirat Carmel – 230 units.

Hotel Land

• Tel Aviv – 160 hotel rooms - in planning.

Community Activities

Grofit is extensively involved in community activities:
• Donations and volunteering at the “Benji’s Home” in Ra’anana, a home dedicated to lone soldiers from Israel and abroad.
• Donations to “Yemin Saad” - medical aid association,
• Renovating homes of those in need whose homes are unfit for living, in collaboration with social services.
• Allocating commercial space free of charge to the Binyamina Local Council for operating the “Hand to Hand” store, which assists those in need with second-hand clothing.