Vitania Ltd

Vitania Ltd. is a public real estate company focused on income-producing properties, combining asset ownership with development activities through the identification of land, its enhancement, the construction of high-quality buildings in high-demand areas, and their leasing to quality tenants. The company was founded in 1995 by SGS and its partners. Today, Telcar Ltd., owned by the Ungar family, is the controlling shareholder, holding approximately 64% of the company’s shares. Other shareholders include SGS (approximately 14%) and Harel Insurance Company (approximately 17%), with the remaining shares held by the public.

General Operations

Vitania owns income-producing properties leased to quality tenants totaling approximately 200,000 sq.m., of which more than 95% are office spaces and the remainder consists of commercial and residential areas. The company currently has approximately 600,000 sq.m. (mostly with partners) in various stages of planning and development in Tel Aviv, Ness Ziona, Petah Tikva, and Jerusalem.

Management

Ehud Samsonov, Active Chairman: One of the founders and owners of the company, Mr. Samsonov has served as Active Chairman of the Board of Directors since 1995. An engineer and graduate of the Technion, he has extensive experience in the execution of large-scale engineering projects across a variety of fields, as well as in the development, construction, and management of office and commercial buildings and residential projects.

Yariv Bar-Daa, Chief Executive Officer: Prior to joining the company, Mr. Bar-Dea served as VP Marketing and Business Development at Gav-Yam. Previously, he served as CEO of Poland Israel, Vice President at Acro Real Estate, Real Estate Investment Manager of the Mitrelli Group, and Business Development and Marketing Manager at the B.S.R Group, where he worked for nine years. Mr. Bar-Dea holds a Bachelor’s degree in Business Administration from Reichman University.

Boris Barkai, Chief Financial Officer: Mr. Barkai has served as the company’s Chief Financial Officer since 2008. Previously, he served as Finance Manager at the Oder Group and Audit Manager at Somekh Chaikin. Mr. Barkai is a Certified Public Accountant and holds a Bachelor’s degree in Business Administration from The College of Management Academic Studies.

Nira Feder - Bar, General Counsel and Company Secretary: Ms. Feder-Bar has served as the company’s General Counsel since 2014. Previously, she worked as an attorney at the law offices of Yehuda Zehavi and Yigal Arnon. Adv. Feder-Bar holds an LL.B. degree from Tel Aviv University.

Income-Producing Properties

Vitania Tel Aviv: A 36-story office tower rising above six floors of vehicle showrooms operated by Delek Motors, the project partner. The project also includes a unique three-story independent building serving as showrooms for the BMW, Mazda, Ford, and Mini Cooper brands. The tower is fully occupied.

Vitania Tower, Ramat Hachayal: A 17-story tower with a total area of approximately 19,500 sq.m., together with three underground parking levels totaling approximately 42,000 sq.m. The project was designed and constructed to the highest standards, featuring a rich technical specification, a prestigious lobby, and compliance with the strictest green building principles and standards, enabling energy savings. The tower overlooks extensive green open spaces and is fully occupied.

Vitania-Fedco House: Located on the most central and sought-after street in Herzliya Pituach, this office and commercial building comprises approximately 13,500 sq.m. of above-ground area and approximately 20,000 sq.m. of underground parking and storage space. The ground floor includes a variety of commercial uses, including restaurants and showrooms of leading companies.

Amzur Building, Herzliya Pituach: An office and commercial complex comprising three independent buildings with a total above-ground area of approximately 18,000 sq.m., together with extensive landscaped areas above approximately 21,000 sq.m. of underground parking and storage facilities. Located at the southwestern edge of Herzliya Pituach’s industrial zone, each building includes four office floors above a street-front retail level occupied by restaurants and showrooms. The complex features three underground levels for parking and storage and is leased on a long-term basis to a variety of established and well-known companies.

Ziviel Building, Ramat Hachayal, Tel Aviv: An office and commercial building with a total area of approximately 32,000 sq.m., together with approximately 30,000 sq.m. of underground parking and storage space. Visitors and employees in Ramat Hachayal readily identify the building by Arcafe’s unique pavilion. The project is leased to a variety of tenants, including medical clinics and laboratories. In addition, an independent nine-story building with a total area of approximately 9,000 sq.m. was constructed for the Fattal hotel chain, which operates the property as a business boutique hotel.

Cognyte House, Herzliya Pituach Industrial Zone: Located on Maskit Street in Herzliya Pituach. The property includes approximately 19,000 sq.m. of above-ground space built above approximately 26,000 sq.m. of underground space designated for parking, high-tech industry, offices, and commercial uses.

Terminal Park, Or Yehuda: An office and commercial complex strategically located in the sought-after southern industrial zone of Or Yehuda. The project consists of two five-story buildings above a commercial ground floor. Each building features an impressive main lobby with a reception desk staffed 24/7. Both buildings are leased to a variety of established and recognized companies.

Atrium 2, Modi’in: A prestigious five-story office building located in the heart of the Modi’in Technology Park. The project includes office space, commercial areas, and self-managed co-working spaces.

The Drisco Hotel, American Colony, Tel Aviv: Located on Auerbach Street in Tel Aviv’s American Colony, the company restored the historic Jerusalem Hotel building through a complex preservation process. The building is now known as The Drisco Hotel. The property also incorporates the Wooden House, formerly home to the legendary Keren Restaurant and now an integral part of the hotel. Complementing the hotel is a residential complex comprising approximately 60 distinctive residential units developed by the Company.

Vitania Migdal Beach: A commercial project located near Migdal Junction, adjacent to the town of Migdal on the shores of the Sea of Galilee. The open commercial center comprises approximately 5,000 sq.m. and has maintained high occupancy levels among a variety of quality tenants over the years.

Properties Under Development

Vitania Tel Aviv, Bank Hapoalim Tower: In the eastern section of the project, construction is currently underway on a prestigious 41-story tower above eight underground parking levels. The tower has been sold in its entirety to Bank Hapoalim and, upon completion, will serve as the bank’s headquarters.

Vitania Tel Aviv, Mixed-Use Tower: The western tower, rising 42 stories above eight underground parking levels, is a mixed-use building comprising a commercial ground floor, public space designated for use by the Tel Aviv-Yafo Municipality, 21 office floors, and 130 unique residential units located from the 23rd floor to the top of the tower.

Vitania-Landa, Science Park, Ness Ziona: As part of Phase I of the project, a building combining industrial space, laboratories, and offices totaling approximately 40,000 sq.m. was constructed above two underground levels and approximately 23,000 sq.m. of parking facilities. Phase I has been leased in its entirety to Elbit Systems under a long-term lease agreement.

VICA Business Park, Petah Tikva: VICA is a business park designed as a self-contained ecosystem, featuring buildings arranged around a spacious central piazza. The project was developed to a high standard to serve high-tech companies, office users from various sectors, and commercial tenants. Strategically located in Petah Tikva’s developing Kiryat Aryeh industrial zone, on the eastern side of Em Hamoshavot Road, the park is within walking distance of both the Red Line light rail station and the heavy rail train station. The project includes commercial areas designated for restaurants, cafés, and additional tenant amenities, including a fitness center, auditorium, daycare facilities, and more.

Vitania Jerusalem, Har Hotzvim: In 2020, the Company acquired ownership of Teva Pharmaceutical Industries’ inhaler manufacturing facility located at 2 HaMarpeh Street, Har Hotzvim, Jerusalem. The approximately 24-dunam site comprises a 10,000 sq.m. facility that includes clean rooms, laboratories, offices, a logistics warehouse, and a large energy center. The Company holds additional development rights for approximately 60,000 sq.m. designated for industrial and office use. The existing facility is leased to various tenants, while the Company has commenced construction of the parking basements and is advancing the detailed planning of the project.