Since its inception, the company has initiated and built approximately 4,000 housing units and tens of thousands of square meters of income-producing properties in Israel. Today, the company is involved in projects totaling approximately 4,000 housing units in various stages of construction and planning. The company estimates the expected financial scope of the projects in various stages of construction, planning and development at NIS 4.1 billion and a profit that has not yet been recognized by them estimated at NIS 718 million.
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Noy Dotan, VP of Business Development and Coral Urban Renewal: “As part of our business development as an entrepreneurial and contracting company, in recent years we have invested great efforts in locating, promoting and initiating significant and quality projects in the field of urban renewal in the heart of demand areas. When apartment owners understand the great importance of an entrepreneur who is also an operating contractor and everything under one roof. The field of urban renewal is one of the solutions that can help deal with the housing crisis and increase the supply of apartments. Therefore, the company sees it as a major growth engine for the coming years, which, among other things, will also contribute to carrying value for the company’s shareholders. ”