Paz Group

The real estate sector is consistently at the top of the Israeli public agenda; discussed at length within government ministries and local authorities, in the media and by the general public. Paz Group, synonymous with professionalism, experience and advanced methodologies in the sector, provides accurate information, practical alternatives and detailed implementation plans to major players in the field, including planning authorities and development companies. Paz Group enables professional, educated decision-making and leads processes that improve the sector’s overall efficiency while creating a better future in one of the most significant sectors of the Israeli market.

About the Company

Paz Group was founded 25 years ago, with the mission of operating at the center of the Israeli real estate sector. The company has been consistently ranked #1 in the real estate consultancy and project oversight field by D&B’s rankings, for ten consecutive years. Paz believes that the role of the consultant is not only to provide answers; rather to empower its clients to ask further questions. Over the years, Paz has accumulated vast experience, advising hundreds of entrepreneurs - large and small, government ministries, dozens of local authorities as well as private and government-owned companies. Daniela Paz Erez, the CEO and Owner of the company, is an economist and certified real estate appraiser. Daniela has been active in the real estate field since 1992, having accumulated knowledge and expertise over the years making her a sector leader, whose opinion is sought by senior executives in both the public and commercial sectors. Daniela and the entire Paz Group team work on behalf of clients and towards the continued growth and development of the company as a leader in the Israeli real estate market.

Paz Group Supports its Customers in Several Key Areas

Real Estate Appraisals - Paz Group’s land valuations and reviews are relied upon for financial and accounting purposes and serve entrepreneurs drafting proposals to public development tenders. Paz provides comprehensive services in this area, including security assessments (Standard 19), Standard 21 for Urban Renewal, IFRS, consolidation and distribution, and betterment levies. Paz is one of Israel’s largest and leading appraisal firms, and its reviews are accepted by leading banks in Israel and by various financing entities, ranking agencies, the Israel Securities Authority, accounting firms and many public and private companies. The department serves, among others, as a consultant to various government agencies, and the State Appraiser.

Economic and Financial Consulting - At the core of every real estate project there are several cost factors to be considered against the project’s profitability potential, based on the level of demand for the project, the competitive environment, the project’s intended uses as well as the pricing model. Our customers, from the various sectors, enjoy comprehensive and accurate information and analyses, characterized by the latest developments and updates.

Financial Oversight - Paz Group is Israel’s largest financial oversight company. The company supervises all of the Israeli banks and other financial institutions, providing services to a majority of the construction companies operating in Israel. The Financial Oversight Department’s economists support hundreds of construction projects throughout the country on a day-to-day basis. The extensive knowledge and market insights accumulated over the years provide significant added value to Paz’s clients as well as enable companywide synergies, serving the Research and Appraisal departments.

Engineering Consulting - Paz Group advises local development authorities, government ministries and private entrepreneurs on advancing construction projects in the planning and execution phases, serves as the Owner’s Engineer (OE) for public buildings and new residential construction on behalf of municipalities, as well conducting policy research projects and engineering surveys.

Lender Technical Advice (LTA) in PPP Projects (PFI/BOT) - In this framework, Paz engineers conduct preliminary technical reviews for largescale PPP tenders for both funders and concessionaires, perform due diligence checks at the financial closing stage, and accompany the establishment and operation thereafter as technical controllers on behalf of the financiers.

Urban Regeneration - Paz Group recognizes the importance of urban regeneration projects as a key to strengthening cities across Israel. To this end, the company operates along a variety of channels, including: drafting and developing policy tools for relevant government ministries and municipalities, participating in professional and academic forums on the subject, as well as consulting for entrepreneurs active in the field across the entire project lifecycle, from conducting initial feasibility studies through to construction completion.

Urban Planning - Paz Group advises and supports key decision-makers in planning ventures nationwide, including: policy makers, public entities, private entrepreneurs and contractors. Paz Group advises and manages statutory planning processes for authorities at the national and municipal levels, as well as on behalf of entrepreneurs and private companies along all stages of the planning process.

Urban Economics - The unique connection between Paz Group’s economics and planning capabilities is reflected in its support in strengthening cities’ municipal tax base, drafting economic plans for areas of employment, housing policies including rental housing, financial consultation on sustainability and the environment, and other aspects of urban economics. Understanding connections between planning and economics, including long-term supply and demand forecasts as well as short and medium term development possibilities for entrepreneurs and developers, empower decision makers with a wide perspective for the development of the municipal economy.

The Client and Professional Methodology

Paz Group understands that knowledge is the basis for realizing the client’s business strategy. Paz’s unique methodology accurately defines and analyzes the client’s needs, presenting findings effectively and accessibly, while rendering feasible tools for educated decision-making and promoting the relevant business activity. Clients receive added value from the vast experience and knowledge of the company’s regular oversight of hundreds of development projects each month across the country.

The People

The company’s dedicated team provides clients with expert, multidisciplinary points of view and comprehensive guidance on a wide variety of opportunities and challenges across the real estate sector. Paz developed various tools such as the “Paz Real-Estate Academy” - an academic 80 hour course with industry leading lecturers and group assignments based on real-world projects.