Ofek Sheli Construction and Development Ltd.

Ofek Sheli is a leading real estate entrepreneurship and implementation company with more than 24 years of experience. Ofek Sheli is considered one of the leading companies in the industry and is renowned for its meticulous construction quality, the highest finish levels in its sector, unique and varied specifications, and extremely spacious apartments. Ofek-Sheli was founded in 2000 as an execution company for various entrepreneurs in the field of residential, commercial, and office construction. Over time, Ofek Sheli has also branched into the internal development, evacuation-reconstruction, and urban renewal sectors. During June 2024 a business separation agreement was signed, under which Ofek Sheli’s rights will belong solely to Mr. Ra’anan Halili.

Business Lines and Primary Customers

Ofek Sheli is active in entrepreneurship and implementation for residential, business, and office projects.

Residential Construction: The Company has undertaken projects for the construction of thousands of residential units all over the country for the largest companies in the industry as well as self-initiated projects.

Commercial and Office Projects Construction: The Company has many years of experience in the construction of complex projects for the private and public sectors, including government institutions, local authorities, and other entities from the third sector. Among its various projects - the Company built the Oshiland Mall and Oshira A and B office complexes in Kfar Sava for Oshira (part of the Sami Katsav Group), residential projects for various Police and Ministry of Defense Non-Profit Organizations; projects for Amigor and the Jewish Agency, a sheltered zone project in the Gaza District settlements (security room projects (“Mamad”) in Sderot and in the Gaza District Kibbutzim), the “Cinema City” project in Be’er Sheva as well as kindergartens, schools, community centers, learning centers, banks and synagogues throughout Israel. The Company has earned a reputation thanks to its skills, to its adherence to complex engineering goals, and challenging schedules. During 2021-2023, the Company delivered two office and commercial complexes to the Ofer Aharon and Y. D. Barazani developers. The complexes included boutique buildings and an underground parking lot in Mevasseret Zion’s “Magrasa Complex.” The Company also completed the construction of a waste sorting plant at the Dudaim Site for the B’nei Shimon Local Council and also completed a residential and commercial project in Ashdod for the Gani Tal Partnership, which offers 146 residential units, commercial and employment space and an underground parking lot.
In addition, the company has delivered a residential project in Or Akiva for the IDF’s Administrative Directorate - the “Neot HaPrachim” NPO, which included 136 private homes and 12 residential buildings, of which 358 apartments in the Top View project in Beit Shemesh for A. S. Yagel Enterprises and Construction Ltd.

Following is a List of Projects that the Company is Involved in Today - Both as Lead Contractor and as Entrepreneur:
Projects as Lead Contractor: a project for the construction of an office building for Oshira in Kfar Saba; a residential project in Kiryat HaSharon, the construction of 64 residential units, and ground floor commercial space for a purchasing group in Netanya; the Mekor Haim residential project, in Jerusalem, for Mekor Haim Real Estate Ltd., which will offer 52 residential units; a 45,000 sq.m. office project and offices for Maccabi Healthcare Services, in Be’er Sheva for Mishkan and Building Porat S.G.I.A. Ltd.; a residential project in Mevasseret Zion for Mitzpe Harel Ltd., - the project will offer 186 residential units, a residential project in Mevasseret Zion for Mitzpe Mevasseret Ltd., - the project will offer 173 residential units; a residential project for the IDF Administrative Directorate – the “Neot Metaim” NPO, in Tel Mond, a project which will offer 66 detached units; 12,000 sq.m. for JTLV, Beit Shemesh; a renovation project for Ramon Inn, for Isrotel; a residential project for 51 private homes in Kiryat Anavim, for Y.D. Barazani; a renovation of “Star Center” commercial center, for Menofim Ltd.; a renovation of commercial and public areas for Medical clinics.

Projects as Entrepreneur: Ofek Sheli Construction and Development Ltd.: A residential project V in Carmit (Mitar) - construction of 9 private houses. The project has been completed; Horizon project, Beer Sheva, 92 residential units in 25 floors. The project has been completed; the Ofek Space project, Mitzpe Ramon - construction of 51 residential units, with 25 private houses; Blue Wave in Ashkelon - an integrated “Price per Resident” project involving a total of 40 residential units, of which 28 units are designated for the “Price per Resident” project and 12 units for the open market; Agamim, Ashkelon – 50 residential units in 5 buildings. The project has been completed; Kind David project, Ofakim – 16 private houses and 57 apartments. The project has been completed; a residential and commercial project in Ofakim–involving the construction of 46 residential units, 39 of which are designated for the “Price per Resident” project and 5 units for the open market, as well as 12,000 square meters of commercial space, committee approves; and a residential and commercial project in Arad for 48 residential units and commercial areas, currently in planning stages.

Ofek Sheli Premium: The “Jewish Brigade” Herzliya residential project, with 36 residential units intended for the open market.

Projects in a 50% partnership with IBSD Property Management Ltd. (A.S. Yagel Enterprises and Construction Ltd.):
A residential project in Beit Shemesh Top View, Neve Shamir - a “Price per Resident” (50%) and the open market (50%) project, for the construction of 358 residential units, completed and populated; a residential project in Ness Ziona for 28 detached units; The Etzbaot Ramot District in Be’er Sheva – an integrated “Price per Resident” project – Phase A – involving the construction of 220 residential units, with 102 units designated for the “Price per Resident” project and 118 units designated for the open market, committee approved, Phase B–for the construction of 316 residential units of which 190 units are designated for the “Price per Resident” project and 126 units are designated for the open market; a residential project in Kiryat Ono with 123 residential units and 2,400 square meters of commercial space; the Neve Or residential project in Be’er Sheva involving the construction of 396 residential units; a project in Petah Tikva involving 30 residential units (the partnership is applying for a change in the municipal building plan); a project in Bat Yam’s Hayam Park for 206 residential units (building permit approved).