Kata Development, Construction and Investments Ltd.

Kata Development, Construction and Investments Ltd. is a privately-owned development and construction company with financial resilience, which was founded in 2002 by Mr. Rafi Kata. The company was founded on the basis of many years of experience in the real estate industry and expectations that new channels would evolve in the Israeli real estate market in general and in the urban renewal segment in particular. Nowadays, the company is managed by Rafi’s sons, Ben and Lior.
Kata is active in three main areas of operations:
• Initiation and construction of urban renewal complexes in city centers
• Development and construction of leading and groundbreaking residential, commerce, offices and hotels projects and more.
• Holding properties and lands for redevelopment and renting purposes.

The Customers’ Confidence as a Top Priority

The company’s guiding principle, which runs as a common thread across the entire process, is to prioritize its customers’ peace of mind and confidence. In order to do so, the company applies, in each and every one of its construction projects, thorough and in-depth planning, meticulous attention to the high quality of the execution, and high-quality materials that lead to a perfect finish – all with the support of experienced and reliable professionals, personal service and compliance with the schedules. This combination of elements provides the company with complete control over all of its areas of operation and enables it to execute all of its projects independently.

Development and Execution Under One Roof

The company great advantage in the real estate industry stems from the fact that it operates both as the initiator and as the project’s constructor, which provides the residents in the projects that it builds with assurance and peace of mind. To the company itself, this fact provides the ability to handle engineering complexities and planning challenges. Furthermore, the combination between development and execution enables the company to streamline the construction process and offer new apartment buyers particularly attractive prices.

Owns Lands Across Israel

The company started its operations as a company for marketing lands across Israel, and as a result it currently owns extensive lands in northern Israel which are leased and rented to farmers. Alternatively, the company is promoting the rezoning of these lands for the construction of commercial areas. In addition, the company owns yielding properties in central Israel.

Urban Renewal Pioneers

As natives of the city of Petach Tikva, the company owners decided to initially base their urban renewal operations in their native city and so it was, and among other activities the company was the first to execute a Tama 38/2 project, already in 2014, and paved the road for many other companies’ urban renewal operations in the city. Nowadays, Kata is one of Israel’s leading initiation and construction companies, with hundreds of populated apartments, more than 500 apartments in simultaneous execution and more than 2,000 apartments and tens of thousands of sq.m. in various project at planning stages. Kata Development is a living example of real workmen who never fear hard work and work long hours every day to promote the projects which are entrusts with the company in the best manner and to the customers satisfaction.

Notable Projects

New Neve Gan (Stage B): A Pinui-Binui project where two old townhouses were demolished near the Light Rail Red Line. 24 families previously resided in these buildings, and two new and designed building are currently under construction with a lavish spec, 88 apartments that were sold out in full and two kindergartens. Soon, Stage C of the project would begin execution – two additional townhouses where 36 families currently reside would be demolished, and an innovative residential complex with 126 new apartments would be reconstructed (Stage A of the project included Petach Tikva’s first Tama 38/2 project, where an old townhouse with 12 apartments was demolished and a new building with 39 apartments was rebuilt).
Business Hotel, 9 Leshem St.: a luxurious 15 floors business hotel, which includes 90 rooms and commercial areas. The hotel will be constructed in the heart of Petach Tikva’s high-tech center with close proximity to the train station and the largest leisure complex in the city.
34 Yitzhak Sade, Ramat Werber: A Pinui-Binui project where the company would demolish an old townhouse with 4 entrances and nowadays 24 apartments, and rebuild a new 19-story tower with commerce areas and 90 apartments with a diverse mix, out of which about 70% of the apartments were sold.
19 Jabotinsky: A Pinui-Binui project which is located on the main road of Jabotinsky through which the Red Line of the light rail would pass. In the framework of this project the company is expected to demolish 3 old townhouses where 36 families reside currently, and build in their place, in a mix-use model, two new buildings with 132 new apartments, commerce areas, offices and public buildings.