Ophir Urban Renewal Group

Ophir Urban Renewal Group is one of Israel’s leading urban renewal companies, with a proven track record of more than 30 years in the real estate industry. The company specializes in large-scale Pinui-Binui projects and it is promoting the development of thousands of apartments in projects in major cities, such as Givatayim, Petach Tikva, Tel Aviv, Holon, Netanya, Nesher, Haifa and Nof HaGalil. In addition, the company owns a substantial portfolio of yielding and commercial properties, providing it with both financial strength and extensive development experience.

A Genuine Partnership with Apartment Owners

Ophir Group believes in creating a true partnership with the apartment owners, with ongoing communication across all of the projects’ stages. The company brings to the table proven experience in managing urban renewal complexes, starting from the stage of obtaining the residents’ signatures, through the planning of the project, and up to delivery of the new apartments. We maintain an open and continuous dialogue with residents’ delegations, while maintaining full transparency and strict adherence to project timelines.
Meeting Obligations: The company meticulously fulfills all of its commitments to the residents throughout the execu-tion of its projects, emphasizing the quality of the residences and peripheral services of its new projects. The company sees the apartment owners as full partners in the success of every project and provides personal and professional as-sistance from the initial stages (coordination and signing) and up to population of the new apartments.

The Company’s Advantages:

• Proven experience in urban renewal: The company has successfully completed several large-scale Pinui-Binui complexes and delivered more than 600 apartments in these projects.
• Financial Strength: The company has additional large-scale operations in the commercial and yielding properties segments.

The company owns tens of thousands of square meters of yielding properties across Israel, providing a strong economic back and vast experience in the real estate market.
• Promoting Planning Proceedings: The company has vast experience and a track record of proven successes in promoting large-scale complex rezoning plans.
• Capabilities and Accumulated Experience from Challenging Complexes: The company completed the exe-cution of Pinui-Binui projects and is advancing additional project at various planning and construction stages, amount-ing to thousands of apartments in urban renewal complexes.
• Green Building and Innovation: All the company’s projects comply with the Green Building standard and promote urban sustainability.

Selected Projects

Completed Projects
• 13 Arvei Nahal, Givatayim: 96 apartments in a 19-story tower. Israel’s first private Pinui-Binui project!
• Aliyat HaNoar Complex, Givatayim: 146 apartments in a 24-story luxury tower.
• 5 Arvei Nahal St., Givatayim: 144 apartments in a 31-story tower.

Projects Under Construction

• Shalom Ash Complex, Petach Tikva: 750 apartments, five 31-story towers.
• Ariel Sharon Complex, Givatayim: 144 apartments in a 31-story tower.

Projects in Planning

The company is promoting large-scale urban renewal projects, spanning thousands of new apartments, in cities such as:
• Nof HaGalil: 1,800 apartments, seven 15-27
-story towers.
• Holon: 240 apartments, two 25-30-story towers.
• Petach Tikva: 240 apartments, five 12-17-story towers.
• Nesher: 216 apartments, five 12-17-story towers.

Executive Team

• Asaf Ophir – CEO and Owner: A real estate entrepreneur with broad experience in managing complex projects. Holds an M.A., Economics and Management.
• Itzik Batito – Head of Urban Renewal: One of the leaders of this segment in Israel, with vast experience in pro-moting large-scale complex rezoning plans.

Community Service

Ophir Group makes annual donations of food and equipment to soldiers and members of the defense establishment across Israel, as an expression of appreciation and gratitude.

The Company’s Vision

Ophir Group’s vision is to continue and lead Israel’s urban renewal segment, with a true partnership with apartment owners, commitment to the fast promotion of the projects, and an emphasis on personal and professional service of the highest standards. We work with determination to create innovative and sustainable residential solutions that integrate planning quality, compliance with the timetables and advanced urban development to the residents’ benefit.