Shami Construction, Entrepreneurship & Urban Renewal

Shami Construction, Entrepreneurship & Urban Renewal is considered one of Israel’s leading and longest-established real estate groups. Shami Group is engaged in the development and construction of residential projects, combination transactions, income-producing properties, and urban renewal under the Vacate & Build and Tama 38 programs. Via its subsidiary Shami Holdings & Enterprises 2010 Ltd., which holds a C5 (unrestricted) contractor classification, the Group manages all project phases in-house, from identifying strategic locations, through project initiation and planning, to construction and beyond. This end-to-end approach gives Shami Group a unique advantage that is reflected in the unparalleled quality of its design, construction, and finishing work, as well as exceptional premium specifications, schedule adherence, and superb customer service.

Where Real Estate Excellence is a Family Tradition

Shami Group was founded in 1958 by contractor Chaim Shami and his wife Evelin. Over the years, their sons Yehoram and Lior joined the Group, gaining three decades of invaluable knowledge and hands-on experience that covered every aspect of the Group’s core activities: working on building sites, customer management, and guiding project development from planning to construction. Today, Yehoram and Lior Shami are co-owners and CEOs of Shami Group, managing all of its projects with the greatest care in order to ensure full compliance with all commitments throughout the planning and construction processes. Yehoram Shami also serves as a board member and chairman of the Municipal Committee within the Petah Tikva Contractors Organization, and is active in the Israel Builders Association.

Development, Planning & Construction Under One Roof

Comprehensive in-house solutions represent a significant advantage for Shami Group, as it initiates, plans, and builds every project through its contracting arm, Shami Holdings & Enterprises. Since its establishment, this company has gained unique insights, experience, and expertise through many successful projects, many of which have involved overcoming complex challenges related to planning, construction, and finishing. Of course, this success also stems directly from the company’s extraordinary team – the dozens of highly skilled, experienced, and dedicated professionals who have served Shami Group for many years and understand its projects in depth. Customers benefit from this company-wide commitment to excellence, and from the peace of mind that comes from Shami Group’s adherence to all obligations: first-class planning, construction, and finishing quality, alongside stringent schedule compliance – handover even occurs ahead of schedule in many cases.

3,000 New Residences Coming to Israel’s Most In-Demand Regions

Since 1958, Shami Group has built an exemplary reputation based on an impressive portfolio of many projects, including some 2,500 apartments, that have been designed, built, and delivered with great success. Currently, the Group is planning dozens of projects in Central Israel’s most in-demand areas, such as Tel Aviv, Ramat Gan, Petah Tikva, Kiryat Ono, Ramat HaSharon, and Hod HaSharon. Together, these projects will comprise approximately 3,000 residential units.

Robust Financial Strength

Thanks to its extensive experience and accumulated equity, Shami Group has solid financial foundations in the form of liquid assets, investments in income-producing properties, and profits in excess of economic forecasts. This has secured the Group’s stable market position and enables strong relationships with bank and non-bank financing institutions. Shami Group’s financial resilience also permits it to identify and maximize opportunities in the field, amass a significant project backlog, and maintain its standing among its customers in the development, construction, and urban renewal sectors.

Urban Renewal – The Complete Real Estate Lifecycle

Shami Group’s heritage of excellence in planning and construction, alongside its unwavering commitment to delivering outstanding customer service, has made its customers the Group’s best and most fervent ambassadors. Over six decades, these customers have maintained a close relationship with the Group’s managers, beginning with Chaim Shami and continuing with his sons Yehoram and Lior. In some cases, these longstanding customers have also asked the Group to undertake urban renewal projects due to the great confidence they have in Shami Group, as well as its experience, expertise, and – above all – exceptional reliability and service experience.

Selected Projects

27-29 Ben-Gurion Street, Kfar Ganim C, Petah Tikva – Combination transaction. Shami Group has constructed 64 new apartments in two buildings. The especially large, spacious apartments have extra-wide 20 sqm sun balconies. Status: Completed and delivered.

3 HaOren Street, Ramat HaSharon – Combination transaction. Shami Group is now establishing a 7-story boutique building with 28 apartments. Status: Under construction.

HaRakefet Towers, Levi Eshkol Blvd., Kiryat Ono – Large-scale Vacate & Build project. Shami Group will construct 550 new apartments in several luxury towers, in collaboration with Africa Urban Renewal. Status: Planning stage.

HaAchim Bahar Street, Neve Gan, Petah Tikva – Vacate & Build project. Shami Group will establish 220 new apartments across three 10-story buildings and a 24-story tower. Status: Planning stage.
Ein Hai Complex, Hod HaSharon – Construction of a 36-story tower consisting of 32 residential floors, 2 office levels, and a ground-floor commercial level. Status: Planning stage.
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