Vitania Ltd

Vitania Ltd. is a public income producing real estate company that combines entrepreneurship pertaining to yielding and residential real estate by locating land, its betterment, construction of high-level buildings in prime locations and renting them to quality tenants. The company was founded in 1995 by four partners: S.G.S Building Company Ltd., The Propper family, and Gitam BBDO. Over the years Harel insurance company and Telecar Ltd., who holds the lion’s share of the company’s shares, also joined as stock owners. in 2015 the company was issued in The Tel Aviv stock exchange and currently 25% of its shares are held by the public.

General Activity Data

Vitania owns income producing properties that are rented to quality tenants in a scope of about 200,000 sq.m, as more than 95% of those are office spaces and the rest are commercial and residential spaces. Today, the company has a stock of about 600,000 sq.m (some with partners) which are in different stages of planning and/or building in Tel Aviv, Ness Ziona, Netanya, Petah Tikva and Jerusalem. Vitania has a properties management, execution and renting agreement with S.G.S, that has the highest contractor classification, which gives it the ability to execute, flexibility in building and operating the properties at a high level and at competitive prices.

Company Management

Ehud Samsonov, Active Chairmain - One of the founders and owners of the company. Serves as active chairperson of the board since 1995. Mr. Samsonov, an engineer Technion graduate, has vast experience in execution of large-scale engineering projects in diverse areas, as well as initiating, developing, building and managing of office and commercial buildings and housing projects.
Ofer Ziv, CEO - Previously served deputy CEO of Delek Real Estate, director of the housing division in Solel Boneh and deputy CEO of Azorim company. Mr. Ziv has been serving as the company’s deputy CEO since 2006 and as the CEO since 2009. Mr. Ziv is a graduate of the Command Military Academy of the Reali school in Haifa and holds a degree in civil engineering from the Technion.
Boris Barkai, CFO - Serves as CFO since 2008. In the past served as director of finance in Odar Group and audit director at KPMG Somekh Chaikin. Mr. Barkai is a CPA and holds an MBA from the College of Management.
Nira Ferder-Bar, Legal Advisor and Corporate Secretary - Nira has been serving as the legal advisor of the company since 2014. Previously, she worked as a lawyer at Yehuda Zahavi Law Office and at Yigal Arnon & Co.
Attorney Ferder-Bar holds an LL.B. degree from Tel Aviv University.

Income Producing Properties

Ziviel House – Ramat HaHayal, Tel Aviv – Office and commercial building of an area of about 32,000 sq.m. and also about 30,000 underground sq.m. for parking and storage. The workers and visitors of Ramat HaHayal recognize the building according to the Arcafe dedicated pavilion. The project is rented to a variety of lessees in addition to doctors’ clinics and laboratories. In addition, an independent structure of 9 stories and a total area of about 9,000 sq.m was built for Fatall hotels chain, that operates as boutique business hotel.
Cognyte House – Industry Zone, Herzliya Pituach – Situated in Maskit St. in Herzliya Pituach. An upper area of about 19,000 sq.m built above an underground area of about 26,000 sq.m. designated for parking, light industry and storage. All of the project’s areas, besides the commercial ground floor, are rented to Cognyte company of the Comverse Group. The ground floor is rented to Sebastian Restaurant and to a Showroom.
Vitania House Fedco – A luxurious office and commerce building, located on the most sought-after street in Herzliya Pituach. Offices and commercial building of an upper area of about 13,500 sq.m. and about 20,000 sq.m. underground spaces for parking and storage.
Terminal Park – Or Yehuda – An office and commercial complex, strategically located in the up-and-coming and coveted southern industrial area in Or Yehuda. The project has two 5-story buildings above a commercial ground floor. A luxurious and impressive main entrance lobby in each building, with a reception desk that is manned 24/7. Both buildings are leased to a variety of established and renowned companies.
Vitania Migdal Beach – A commercial project situated close to Migdal junction, near Migdal village on the shores of the sea of Galilee. A 5,000 sq.m. open commercial structure, rented to a variety of high-quality lessees and Magdalena Restaurant. The company is in planning stages to enlarge the commercial center by about 1,400 sq.m.
Amzur House – Herzliya Pituach – An offices and commercial complex that includes 3 independent buildings in an upper area of about 18,000 sq.m. built upon large scale development areas above an underground area for parking and storage of about 21,000 sq.m. The project is strategically located at the south-western corner of Herzeliya Pituach Industrial area. Each of the three buildings includes four office floors above a commercial floor facing the street, which includes restaurants and showrooms. The complex includes 3 underground parking lots and storage. The project is leased for the long term to a variety of well-known companies.
The Drisco Hotel – The American Colony – Yaffo-Tel Aviv - On Orbach street in the American Colony in Tel Aviv, the company restored the Jerusalem Hotel in complex restoration, currently known as The Drisco Hotel, adjacent to the wooden house formerly known as the mythologic Keren restaurant, that is currently an inseparable part of the hotel. The company is building a 60-residential unit unique residential complex near the hotel, which includes 43 rooms and suites of various sizes, and is renowned as one of Israel’s leading boutique hotels.
Vitania Tower – Ramat HaHayal - A tower of 17 floors in a total area of about 19,500 sq.m. and 3 floors of parking basements in an area of about 42,000 sq.m. The project was planned and built to the highest standards with luxurious specs, an exclusive lobby and most importantly - according to the principles and strict regulations of the Green Building that enables savings in energy and money. Vitania tower boasts breathtaking views of vast green areas.
Vitania Tel Aviv - Phase A – A 36-story offices tower that rises above 5 floors of Delek Motors’ (a partner in the project) showrooms. An independent and unique structure of 3 floors, used as showrooms for BMW and Mini Cooper. The tower is fully occupied by Gornitzky Law Firm, Moonactive gaming and MindSpace – co-working spaces.
Atrium 2 – Modi’in – A luxurious 5-story office building at the heart of Modiin’s technological park. The project includes offices, commerce and independently run co-working spaces.

Properties Under Development

Vitania Tel Aviv - Phase B –
Vitania Tel Aviv, Hapoalim Bank Tower, Phase B – In the eastern side of the project, a luxurious 41-story tower is being built above 8 floors of underground parking lot. The tower has been sold as a whole to HaPoalim Bank and will serve upon its completion as the central headquarters of the bank. Vitania Tel Aviv – The mixed use Tower - Phase C - The western tower, which will rise to 42 floors above 8 floors of underground parking lot, is a mixed use tower, a commercial ground floor, public areas designated for Tel Aviv Municipality, 21 office floors and 130 residential units from the 23rd floor.
Vica Business Park, Petah Tikva – The VICA project is a business park that is an independent ecosystem. The project will include 5 10-story buildings and a 41-story tower. The buildings are adjacent to the wall of the park and create a spacious piazza. The park is planned for use by hi-tech companies, various offices and commerce. Its strategic location in the up-and-coming industrial area of Kiryat Aryeh in Petah Tikva, is a center of attraction for many companies both from the region as well as beyond it. The project is built on the eastern side of Derech Em Hamoshavot in Petah Tikva, a walking distance from the stadium, from the light rail station (the red line) and the heavy rail station. The project’s planning includes commercial spaces intended for restaurants, cafes, shops and various uses for the benefit of the park’s residents, including a gyn, an auditorium, kindergartens and more.
Landa – Vitania – Science Campus, Ness Ziona –In phase A of the project, a structure combining industrial areas, labs and offices upon 35,000 sq.m. above two parking floors in an area of 23,000 sq.m. Approximately half of the of the structure has been leased in a long term lease to companies from the Landa Group. The remaining land rights will be built in phases B and C.
Vitania Jerusalem, Har Hotzvim Phase B – During 2020 the company purchased ownership of the inhaler factory of Teva. The land in an area of approx. 24 dunams on which a building of approx. 10,000 sq.m. that includes clean rooms, laboratories, offices and a logistics warehouse, in addition to a large energy center, is located.
The company has remaining land rights of approx. 60,000 sq.m. intended for industry and offices. The factory building is leased to various tenants and the company began the construction of the rest of the project.