Bonei Hatichon Civil Engineering & Infrastructures Ltd. engages in the real estate business.
The company focuses on the initiation, construction, and sale of residential apartments in Israel. The company operates primarily in the development and execution of residential projects, including the acquisition of land, planning, construction, and marketing of residential units.
Business Segments
The company’s business activities are organized into several key segments. The primary business segment...
Bonei Hatichon Civil Engineering & Infrastructures Ltd. engages in the real estate business.
The company focuses on the initiation, construction, and sale of residential apartments in Israel. The company operates primarily in the development and execution of residential projects, including the acquisition of land, planning, construction, and marketing of residential units.
Business Segments
The company’s business activities are organized into several key segments. The primary business segments include:
Residential Real Estate Development
This segment involves the initiation, planning, construction, and sale of residential apartments. The company identifies suitable land for development, negotiates acquisition or combination agreements with landowners, and manages the entire development process from planning and permitting to construction and sales. The company’s projects are typically located in urban areas.
Urban Renewal Projects
This segment is actively involved in urban renewal projects, which involve the redevelopment of existing urban areas, often through combination transactions with landowners. The company manages the complex process of obtaining the necessary approvals, coordinating with municipal authorities, and executing construction works to deliver modern residential units in place of older buildings.
Combination Transactions
This segment specializes in combination transactions, where it acquires land from owners in exchange for a share of the completed apartments. The company is responsible for the construction and sale of the remaining units, managing the financial and operational aspects of the project to maximize value for all parties involved.
Project Management and Construction Services
This segment provides comprehensive project management services, overseeing all aspects of the construction process, including procurement, subcontractor management, quality control, and compliance with safety and regulatory standards. The company’s project management capabilities enable it to deliver projects on time and within budget.
Sales and Marketing of Residential Units
This segment is responsible for the promotion and sale of residential units to end customers. The company employs various marketing strategies, including advertising, sales offices, and digital marketing, to attract potential buyers and facilitate the sales process.
Financial Management and Risk Control
This segment oversees the sourcing and management of project financing, compliance with financial covenants, and risk management activities. The company maintains relationships with banks, bondholders, and other financial institutions to secure the necessary funding for its projects.
Administrative and Support Services
This segment provides essential support services, including legal, human resources, information technology, and corporate governance. The company’s administrative functions ensure the smooth operation of its business and compliance with regulatory requirements.
Asset Management
This segment engages in the management of real estate assets, including the leasing and maintenance of properties, as part of its overall business strategy.
Business Strategy
The company’s strategy emphasizes the importance of urban renewal projects, which offer significant opportunities for growth and value creation. The company seeks to leverage its expertise in managing combination transactions and navigating the regulatory environment to secure attractive development opportunities in urban areas.
Products and Services
The company offers a range of products and services related to real estate development and construction. The company’s primary product is the development and sale of residential apartments, including both new construction and urban renewal projects. The company’s services include Land acquisition and combination transactions with landowners; Project planning, design, and permitting; Construction management and execution of building works; Procurement of building materials and management of subcontractors; Quality control and compliance with safety and regulatory standards; Sales and marketing of residential units to end customers; Customer service and support throughout the sales and delivery process; Asset management, including leasing and maintenance of properties; and Administrative and support services, including legal, financial, and human resources management
The company’s integrated approach to project development enables it to deliver comprehensive solutions to its customers, from the initial stages of land acquisition to the final delivery of residential units.
Geographical Markets
The company operates primarily in the Israeli real estate market, with a focus on urban areas and residential development projects. The company’s projects are located in various cities and regions across Israel, reflecting its strategic emphasis on urban renewal and new construction in high-demand areas.
Customers
The company’s primary customers are purchasers of residential apartments, including individuals and families seeking new homes in urban areas.
Sales and Marketing
The company’s sales and marketing activities include the promotion and sale of residential units through various channels. The company utilizes advertising, sales offices, and digital marketing to attract potential buyers and facilitate the sales process.
History
Bonei Hatichon Civil Engineering & Infrastructures Ltd. was founded in 1985. The company was incorporated in 1985.