Thaipower Group

Thaipower Holdings Ltd. is group of companies that includes Thaipower Ltd., which is active in developing, managing and executing urban renewal projects in the city of Ashdod, and other project companies that promote Pinui-Binui projects in central Israel. The group’s companies were established in 2015. Thaipower is controlled by three cofounders / co-owners – CPA Avi Toledano, Adv. Arnon Katalan and Adv. Uri Horesh, who also serves as the group’s CEO.

The trio has longstanding accumulated experience in the real estate, finance and legal worlds, that helps promoting the projects that the company is entrusted with as quickly and efficiently as possible, while providing high considerations to the owners of rights and the residents who live in the various projects. Furthermore, the extensive experience of the group’s shareholders in the real estate and finance realms, guarantees the financial strength of the group’s companies, so that the group’s customers can count on the managers’ ability to bring the projects to a successful conclusion.

A First-Class Professional Team

The company has, at its disposal, a professional team of first-class consultants with vast experience in the various aspects of urban renewal – planning, execution and legal. The head of the company’s execution and supervision division is a professional with almost 50 years of experience in construction contracting in Israel and the U.S., who was responsible for the development and construction of hundreds of thousands of square meters.
The architects and project managers are some of Israel’s finest in their respective fields.

A Unique Work Model and High Payment Ethics

In each of its projects, the company contracts with the best and most professional contracting companies. For the purposes of achieving absolute control of the construction process, the group has developed a unique model where the contractors that it hires are responsible only for the actual work, while the group directly contracts with the suppliers of construction materials and finishing products.

This prevents the extensive dependence on contracting companies and enables the company to guarantee that every project would be completed in the safest, fastest and most efficient way possible.
Personal Attention and High Availably to the Customers
In light of the group’s lean management structure, Thaipower operates as a boutique company that offers personal attention and high availability to its customers. The projects’ residents can contact the group’s CEO at any time and on any topic which relates to the construction process, and obtain fast and efficient answers to their full satisfaction.

Projects Under Construction

8,10,12,14,16 Jabotinsky, Quarter A, in the City of Ashdod – A TAMA 38 projects under construction in the old Quarter A, and includes 5 buildings where the company is adding 60 new apartments. (The company is currently at the stage of applying for a permit to increase the number of apartments).
Shavei Zion, Quarter A, Ashdod – A Tama 38 project under construction in the Quarter A of the city that includes several buildings where the company would add 56 apartments.

The Company’s Executive Team

CPA, Avi Toledano – Founder and Owner
CPA Avi Toledano is a former senior partner of the accounting firm of Ernst & Young. In the framework of his role in the firm he was responsible, inter alia, for mergers and acquisitions, and also participated in the Kibbutzim Arrangement (a debt restructuring that was signed in the late 1980s between the State of Israel and the Kibbutz Movement after many Kibbutzim encountered great financial difficulties). In the framework of his in-depth treatment of the arrangement Toledano became familiar with the finest details of the real estate world.
CPA Toledano was previously one of the owners of controlling interests of the Teva Naot concern, and participated in in some of the largest transactions in the Israeli economy, including leading the acquisition of Yenot Bitan by Electra Consumer Products. He also serves as a director in other public companies. Currently, CPA Toledano is a businessman and real estate entrepreneur who works on the construction of a commerce and offices complex in Even Yehuda and also plans a commercial center on an area of about 40,000 sq.m. near the Hillel Yafe Hospital in Hadera.
Adv. Arnon Katalan – Founder and Owner
Adv. Katlan formerly served as an associate of the law firm of Hamburger-Evron, one of Israel’s largest and most esteemed law firms. Afterwards he managed a hi-tech incubator and invested in various startups, with a track record of three successful exits where he sold startups to Microsoft and Intel at valuations of NIS tens and hundreds of millions. Currently, Adv. Katalan is a hi-tech and real estate entrepreneur who controls a yielding properties company that rents areas for medical clinics and offices. He has vast academic education and graduated from the INSEAD business school in Fontainebleau, France, one of the leading business schools in the world.
Adv. Uri Horesh – Founder, Owner, and CEO
Adv. Horesh is an experienced and well-reputed legal expert who started his career in the Ministry of Justice where he accompanied some of Israel’s largest insolvency proceedings. Nowadays he mainly handles companies rehabilitation and also invests in and promotes hi-tech and real estate businesses. Serves as the CEO of the Thaipower group.

Financial Strength and Exclusive Use of Own Equity

Thaipower Group is managed conservatively and has been maintaining financial resilience since its establishment. As a result of the partners’ strategic decision, the group is not leveraged and finances its projects only from its own shareholders equity. This prevents exposure to financial risks and supports the financial liquidity in all of the company’s operations. One of the characteristics that support the company’s liquidity is its choice of managing the various company through a lean and efficient management structure. This saves unnecessary salary expenditures and channels the funds towards promoting the projects, to the benefit of the customers. The group is currently in proceedings to develop Pinui-Binui complexes with the financial support of Israel’s leading banks, so that each and every buyer and resident would benefit from the bank support and bank guarantees under the Apartment Sale Law.