Vega Real Estate Enterprise and Investment Ltd.

Vega Real Estate Enterprise and Investment Ltd. is a leading real estate group that was founded in 2011 by the founding duo of Yoni Elkonin and Arthur Rudenko.
The group includes several companies that are engaged in real estate development, engineering and construction, and manpower services for the construction industry. Over the years, Vega Real Estate Enterprise and Investment Ltd has grown and developed while being responsible for a wide range of profitable projects that include investments in income-producing commercial properties and successful renovation projects mainly in Tel Aviv and the center of the country area. The group has high financial strength, professional staff with extensive experience, and a strong and stable operating system in every project in which it is invested.

The Action Model

Vega’s working method is based on the allocation of profits from the various subsidiaries in favor of investments in income-producing commercial properties and improvement projects. The owners of the group have a high capacity to locate real estate opportunities in developing neighborhoods, and over the years have invested in and improved many properties that they purchased while grabbing high profits.
The company makes sure to remain at low leverage while relying primarily on the group’s equity. The group currently owns several income-producing properties in Tel Aviv, which it leases to end customers. The group’s managers are deeply familiar with all levels of the Israeli real estate world, from employing workers, through planning, engineering, architecture, and design, to importing materials and accessories and performing of concrete and finishing work. This in-depth knowledge is a huge value add for the group and allows it to initiate and carry out projects of any financial or engineering scope.

Group Structure

Vega Human Resources Ltd. - Acompany that specializes in human resources in the field of construction. The company specializes in recruiting and placing quality personnel with an emphasis on engineers, safety managers, project managers, as well as other senior positions in the construction industry.
Marom Professional Crane Services Ltd. - The company was established in 2019 following the amendment to the law “Employment of workers by manpower companies - employment of crane personnel”. The company specializes in recruiting, and placing crane personnel at various licensing levels. In addition, employees undergo in-depth training and safety procedures every two years, with an emphasis on employee safety.
Vinci Engineering AR 2014 Ltd. - The company was established in 2014, its registered with the Registrar of Contractors as a registered contractor and is also a member of the Contractors Association, and is an executive arm for contractors and private developers in the field of construction. The company specializes in the construction of high-rise buildings for residences and offices and operates all over the country with a focus on the central region.

Development and Execution Under One Roof

One of the main advantages of the group lies in the fact that it serves at the same time as a real estate developer and as a construction company. This combination, which also includes architecture and design done within the group, allows the group to reduce costs and meet schedules strictly while having complete control over every step of the project.

Innovation and Technology

The group believes that the technology that has been developing at an increasing rate in recent years is an asset that can be harnessed for the sake of the field of development and construction as well. As a result, Vega Real Estate Enterprise and Investment Ltd. maintains a technology-supportive work environment that includes working with innovative software and computer applications. The company also makes sure to recruit technologically oriented staff members who can integrate into the company’s innovative approach and contribute their skills.
The staff members undergo professional and advanced training in Israel and abroad to meet the highest and most advanced standards in the field.

Prominent Projects Over the Years

Rishon Lezion - Purchasing land in central neighborhood in Rishon Lezion and construction of several luxury villas.
Suzuki Tower, Tel Aviv - Purchasing a half floor in an office tower on Yigal Alon Street.
Tel Aviv - Jaffa - Purchasing warehouses and stores and renting them.
Life Tower, Tel Aviv - Performing of concrete work.
Da Vinci Tower, Tel Aviv - Performing of concrete and finishing work.
ALPHA Tower, Tel Aviv - Performing of concrete work.
ROM Tower, Tel Aviv - Performing of concrete and finishing work.

Overseas Activity

In addition to the extensive activities of Vega Real Estate Enterprise and Investment Ltd. in Israel, the group also performs Property improvement entrepreneurship for sale and rent in Eastern Europe, in the capital of city of Lithuania - Vilnius. Among the company’s notable projects are an innovative and first-of-its-kind logistics center spread over an area of 7.5 dunams, as well as the construction of luxury homes and luxurious residential villas for sale, both to residents and investors from around the world.