Porat Group

Real estate entrepreneurship, Urban renewal

Porat Group
Profile Icon

Company's Profile

Established: 2013
Line of Business: Real estate entrepreneurship, urban renewal
Address: 3 Eliezer Vardinon St., Petah Tikva
Phone: 972-3-6513310
Email: [email protected]
Website: http://www.porat-group.co.il
Icon About

About Porat Group

Porat Group is a leading and experienced real estate and investment group specializing in developing, accompanying, and promoting projects in the field of urban renewal. The group was established in 2013 by the entrepreneur Tamir Porat, who has over 25 years of experience in various senior positions in the financial market. Porat served, among other roles, as the CEO of “Entropy Economic Research Services” and “Entropy Finance” and previously for a decade as the CEO of Investment Management, VP of Investments and Development, and Chairman of Funds at the “Clal Finances” group. Additionally, Tamir serves as a mentor and lecturer in the field of finance and real estate. Tamir has a bachelor’s and master’s degree with honors from the Faculty of Economics and Business Administration of the Hebrew University of Jerusalem (B.A., M.B.A.). He also completed LL.B. and LL.M. degrees with a specialization in real estate at the Ono Academic College. Tamir’s considerable economic-financial experience, paired with his numerous successes in the field of real estate, creates a significant advantage for investors and clients, both in the managerial and financial aspects. This is reflected in the economic stability, calculated management, as well as efficient and quick execution of the group’s projects. Currently, Porat Group operates in 10 cities: Petah Tikva, Ra’anana, Herzliya, Ramat Gan, Tel Aviv, Ashdod, Holon, Jerusalem, Kiryat Malachi, and Kiryat Gat aiming to expand further. 

Services First

Porat Group considers customer service as an important and crucial aspect of its operations. The services extend beyond providing available and accessible responses to residents and include a keen and sensitive understanding of the challenges, concerns, and complexities the process entails for tenants and their families. All, while standing beside them throughout the process, at the end of which their quality of lives will substantially improve. The proven accumulated experience is based on the sale of hundreds of residential units so far, and handling hundreds more that have gone renewal processes throughout the country. All of which are expressed during the inspection period as well as the post-population and occupancy periods. 

Residents as Partners

In its early years, the group primarily focused on NOP 38/1 projects - thickening and retrofitting. In recent years however, the group began to expand its project portfolio to the NOP 38/2 routes – demolition, construction, and evacuation. Each project chosen by the group is accompanied with professionalism and humanity, from signing the tenants through planning, licensing, supervision of the execution and culminating in their entry into their new homes. The group’s support is available over the years, with even its marketing often done “in house”. The group’s team provides full and professional support to the project residents at every step, considering them as partners to the journey, working together with reliability and great transparency to create a better future for them. 

Prominent Projects

Nof - Neve Oz North - Ganim, Petah Tikva - 3 NOP 38/1 projects in the prestigious Neve Oz neighborhood in the north of Petah Tikva - 3 buildings at Degel Reuven 60-62-64 - Addition of 36 new apartments to the 48 existing apartments - completed and populated; 51 Kaplan - addition of 12 new apartments to the 16 existing apartments- completed and populated; two buildings in 47 Kaplan - addition of 23 new apartments to the 32 existing apartments. Pending completion and population.

Nofei Geula Ra’anana – 10 Geula, Ra’anana - A designed building with 6 floors including spacious 3-room apartments as well as 2 spectacular penthouse apartments - finished and occupied.

16 Herzog, Ra’anana - A 6-story boutique building that includes a diverse mix of apartments as well as a prestigious lobby, elevators, and private parking spaces - an addition of 8 large apartments to the existing 9 apartments - in advanced construction.

60-64 Ben Yehuda, Herzliya - An exclusive 7-story residential building showcasing meticulous architecture and rich technical specifications of leading brands - addition of 15 new apartments to the 24 existing apartments in Young Herzliya neighborhood - In advanced execution stages.

116 Ben Gurion, Ramat Gan - NOP 38/2 project of demolishing an old building with 9 existing apartments replacing it with a luxury building with 24 new apartments. Will be merged with 110 and 112 Ben Gurion St. Construction expected for early 2026.

Nof Lev Ha’ir Tel Aviv, 31 Hefetz Haim - 33 Balfour - NOP 38/2 project which includes the demolition of the exiting building of 21 tenants, adding 42 new apartments in a new, 10- floors modern building. Pending execution.

4 Shpinoza, Petah Tikva - NOP 38/2 project as part of this initiative, the company plans to construct a modern building comprising 28 apartments, with 19 of them being newly built. The apartment mix will be diverse, encompassing 4 and 5-room apartments, along with a mini-penthouse and a penthouse apartment. Pending execution.

50 Kitroni, Petah Tikva - NOP 38/2 Project As part of this project, the company plans to build a modern 10-story building, comprising a total of 18 housing units. The diverse mix will include garden apartments and duplex apartments. Pending execution.

Salant - Hefetz Haim, Petah Tikva - NOP 38/2 project Within its scope, the company is set to construct a luxury building comprising 72 housing units, including 48 new apartments. The apartment mix will encompass garden apartments, 4 and 5-room apartments, mini-penthouses, and penthouses. Pending execution.

51 Nachalat Zvi, Petah Tikva - NOP 38/2 project which will include the construction of a modern building with 18 apartments, 12 of them are new apartments.

21 Yeremiahu, Tel Aviv - NOP 38/2 As part of this project, the company plans to demolish an existing old building with 5 apartments and two shops. In its place, a luxury building will be constructed, featuring 11 new apartments and two shops.

11 Yehoshua Bin Nun, Tel Aviv - NOP 38/2 project, where the company intends to demolish an old building with eight existing apartments and replace it with a luxury boutique building featuring 16 new apartments. 

Porat Group’s Vision

Porat Group aims to continue to grow rapidly, while becoming one of the leading companies in the field of urban renewal in Israel. Additionally, it aspires to broaden its activities into new areas, specifically focusing on residential development and profitable real estate, both in Israel and the world.