Mishab Housing Construction & Development Co. Ltd.

Mishab is one of Israel’s largest and leading real estate developers. The company has a young, dynamic and contemporary executive team and it is mainly active in the field of residential real estate development, whether if of historical lands that it holds or in the framework of asset-swap (“combination”) transactions or urban renewal. The company also holds diverse yielding properties such as residential complexes, logistics centers and commercial centers. Mishab has numerous partnerhips, and over the past few years it successfully and smartly created fertile cooperations with some of the leading companies in the Israeli construction industry. These cooperations bring optimal residential projects into the world.

An Execution Arm with a Contractor Classification of C5

In most of the cases, Mishab operates only as a developer, but it also privately owns an execution company with a contractor classification of C5 Unlimited (enabling it to build projects of any physical or financial scope). This company builds only for Mishab, in particularly complex projects.

Leaving Its Mark Across the Whole of Israel

Mishab was founded in 1960 in Israel through the merger of the companies “Mishkanot” and “HaBoneh” which was founded by Histadrut Hapoel HaMizrahi (the general federation of religion-observing workers) in 1936-37. Throughout all of its years of operations, the company served as a leading builder of Israel and over the years it has built more than 100,000 apartments, commerce areas and public buildings across more than 49 local authorities in Israel. These include entire residential neighborhoods across Israel as well as parts of Bar Ilan University, hotels, the Great Synagogue in Jerusalem, several wings of Beit Levinstein in Ra’anana, and more. The company has extensive knowhow and longstanding proven experience in every field of real estate including development, planning and construction.

Urban Renewal: More than 700 Populated Apartments

Mishab is one of the pioneers in the Israeli Urban Renewal Segment with more than 700 populated apartments (first population more than a decade ago). These projects include “Tzamarot Ono” in Kiryat Ono, a Pinui-Binui project that included 7 residential buildings with 226 apartments at the heart of the older part of the sought-after city of Kiryat Ono. This project is just one example out of dozens of projects that the company has been building from Haifa and Nesher in the north through Hadera, Netanya, Tel Aviv and the Sharon Region, and up to Gedera in the south.

The Residents as Journey Partners

Mishab sees the right owners as full partners throughout the journey, and it champions the values of transparency and reliability across the entire process – from the project planning and up to the completion of the execution. The company is acting out of a sense of Zionism and a social worldview with the aim of upgrading the life quality of thousands of families in the framework of its urban renewal projects, and currently it has an enormous inventory of 5,000 new apartments.

Innovation and Technology

Over the past years, Mishab implemented advanced digital platforms which are fully integrated into the company’s operations – starting from bookkeeping, through control of the construction processes and up to management of the residents’ accounts and relationships. These platforms streamline the company’s managerial and operational function and provide peace of mind to the customers who can ascertain the project’s status at any given moment.

Notable Projects

Residential Development – Projects Under Construction
“Azure”, Givat Ze’ev – an asset-swap transaction where the company would build about 15 buildings with 724 apartments and also public institutions and commerce areas. Stage A of the project has begun and would include 136 apartments.
Kiryat HaSharon, Netanya – A boutique project that would include two luxury buildings with 78 apartments, as part of Mishab’s last land reserve in this area. The project is in its initial execution stages.
Gan Yavne – Rezoning a historical area where the company would build about 200 apartments.

Urban Renewal

“Migdal Kramim”, Kiryat Moshe, Jerusalem – A Pinui-Binui project where the company demolished 32 existing apartments, and it is rebuilding in their place a 30-story tower with about 130 new apartments, as well as commerce areas, daycare centers and a public library. The project is characterized by a meticulous architectural design and is at the initial stages of execution.
“Hod VeHadar”, Ramat HaSharon – a boutique urban renewal project that includes the construction of 2 upscale buildings with 56 luxury apartments in Golomb Street. At advanced execution stages.
Mishmar HaYarden, Ramat Gan – A Pinui-Binui project where 80 apartments would be evicted and 224 new apartments would be built in their place.
Hibat Zion Complex, Ramat Gan – A Pinui-Binui project that would include the eviction of about 190 old apartments and the reconstruction of about 600 new apartments with attentive architectural design, and a commerce floor at the ground floor. The company is promoting advanced environmental and public planning of the area for the benefit of the landowners and the apartment buyers.
Lev HaMoshava, Gedera – A Pinui-Binui project in the neighborhood of Lev HaMoshava, that would include the demolition of 45 existing apartments and the reconstruction of 245 new apartments in 6 buildings. At advanced planning stages.
Central Heights, Givatayim – An upscale Pinui-Binui project which is located between the Stock Exchange Complex, Azrieli Mall and Namir Rd. The project includes four residential towers with 528 apartments, and also complete landscape development, green gardens, bike trails and a particularly lavish technical spec. Three buildings have already been populated and the last building is currently under construction.
Shlonski Complex, Netanya – A Pinui-Binui project where about 580 new apartments would be built.
Shitrit Complex, Netanya - A Pinui-Binui project where about 336 new apartments would be built.
Nesher - A Pinui-Binui project where about 480 new apartments would be built.
Tirat HaCarmel - A Pinui-Binui project where about 200 new apartments would be built.