DUN'S 100 - 2016

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Construction & Real Estate
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2016 | DUN’S 100 DUN’S 100 | 2015
DUN’S 100 | 2016 2016 | DUN’S 100
Construction, Development & Infrastructure
Shikun & Binui Real Estate Ltd.
Shikun & Binui Real Estate is the leading
real estate company in Israel. It is the de-
velopment armof Shikun &Binui Group in
Israel. The company has been operating for over 80
years, during which it has built over 200,000 resi-
dential units for over a million Israelis. Currently
2,400 residential units are being constructed in
22 projects nationwide, as well as over 100,000
square meters of commercial space and student
dormitories.
Shikun & Binui Real Estate is active in Israel and
includes mainly development of residential con-
struction intended for sale, acquisition, planning,
improving, developing and land sale, owned by
the group. The company also develops construc-
tion of office buildings and commercial and indus-
trial buildings, designated for rent and improving
revenue production until their sale date. Shikun &
Binui Real Estate holds substantial land reserves,
upon which thousands of residential units can be
constructed. These reserves comprise of “long-
standing” land, the rights for which were bought
or leased in the 1950’s.
Shikun & Binui Real Estate operated vis-à-vis the
relevant planning entities regarding real estate
designation change or change of urban building
scheme and land improvement. It does so by in-
creasing construction rights, change of allowed
uses and change of construction required by the
urban building scheme, among others.
Shikun & Binui Real Estate also develops and
markets land intended for offices, commerce –
malls, leisure, industry, storage, student dormito-
ries, parking lots and gas stations. The company
is extensively experienced in the construction and
management of yielding assets such as “Ir Yamim”
mall in Netanya, Seventh Avenue mall in Be’er
Sheva, IKEA North, Kiryat Ata, Givatayimmall and
the BOT project of Tel Aviv University Dormitories
(Einstein and Broshim complexes).
Shikun & Binui Real Estate projects are planned
and constructed according to green sustainable
standards, which Shikun & Binui Group adopted
as its vision. Its buildings are approved by the Is-
raeli standard, as well as by the strict international
LEEDS standard.
In 2015, the company’s had a record rate of sales,
with 912 residential units sold for NIS 1.296 bil-
lion. Shikun & Binui Real Estate’s net profit was
NIS 202 million, compared to NIS 187 million in
2014 – an 8% increase.
Shikun & Binui Real Estate was chosen as a su-
perbrand by Superbrands 2015 ranking, received
a platinum plus ranking in 2016 and was chosen
as the leading residential real estate company in
Israel by Globes 2016 survey.
Selected Shikun & Binui Real Estate’s resi-
dential projects
PardesHana Carcur Dreams – an 8 building project
offering a unique residential experience. In 2013
the company began construction of another neigh-
borhood, “Pardes Hana Dreams”, which includes
500 residential units. Located near route 6.
New Rosh HaAyin Dreams – A “green” project in
the Psagot Afek neighborhood. The first stage,
which included two 23 story buildings, was
launched in July 2013. Marketing and construc-
tion of the second stage of 286-units began at
the end of 2013.
Tzukei HaShmura Dreams – A luxury complex
planned in perfect harmony with nature, on the
seafront facing Netanya’s Iris Nature Reserve. The
project’s 3 towers face the sea and the reserve,
and are connected to each other.
Time Tower – An elegant, prestigious 38-floors
building using “green” design, in Ramat Gan’s
City complex. 194 units with a view and a wide
terrace.
Hadera Park Dreams – 1,200 residential units in
a variety of sizes built around a 22.5-acre park
in Hadera.
Pure HaSharon Dreams – The first project in Israel
to be awarded the ‘Excellence in Green Construc-
tion’ certification, comprises of three 20-floors
residential towers and two small buildings. Inte-
riors and exteriors were planned and built to the
“green” standard.
Green Barnea Dreams in Ashkelon – The first proj-
ect in Israel built to the “green” standard. 900
residential units in a variety of sizes.
Kiryat Ono Dreams – At the center of this proj-
ect, a huge 10-acre park is built, including paths,
squares, playgrounds and green areas. The neigh-
borhood is close to major highways.
Offices and Commercial Centers
In addition to residential construction, Shikun
& Binui Real Estate develops and markets office
and commercial space such asmalls, recreational
centers, industrial and storage facilities, student
accommodation, parking lots and gas stations.
The company has extensive experience in devel-
oping and managing income-producing assets,
planned and built according to principles of
sustainability.
Selected projects:
North Gate – in 2014 North Gate in Kiryat Ata was
inaugurated. It is the first greenmall in Israel built
according to American LEED standard. The project
includes a huge ‘IKEA’ store on a 25,000 sqm. lot,
and ‘Shufersal Deal’ on 5,000 sqm. It was built by
Solel Boneh, a Shikun & Binui Group subsidiary.
Design Plus – An open green shopping center
in Be’er Sheva, on 17,000 sqm. It is an open
shopping boulevard for home design, with lo-
cal flora and optimal use of natural lighting and
ventilation.
Tel Aviv University Dormitories – In 2008 Tel Aviv
University and Shikun & Binui Real Estate signed
a contract according to which the company will
renovate and upgrade the 1,000 beds of Einstein
student dormitories atTel Aviv University and build
the new 1,600 bed Broshim dormitory complex.
Tel Aviv University dormitories are the first “green”
campus in Israel and received the LEED US Gold
standard for “green building”.
Ir Yamim Mall– In March 2012, the Ir Yamim Mall
opened to public in the exclusive Ir Yamim neigh-
borhood in Netanya. Built by Shikun & Binui Real
Estate with Azorim, themall covers 70,000 sqm. of
land and includes 23,000 sqm. of fashion and lei-
sure stores on twomain commercial floors, a lower
commercial floor, and 2,000 parking spaces.
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1A Hayarden St., P.O.B. 1133,
Airport City 7010000
Tel: 972-3-6300000
Fax: 972-3-6301595
Facebook: shikun.binui
Esta b l i s h e d
1933
l i n e o f b u s i n ess
Location and Acquisition of Lands in Israel, as well as
the Planning, Execution, Development, Betterment,
Marketing, Rental and Sale
Tamir Dagan
CEO *
Yaron Karisi
Chairman *
* See Top Executives Profiles - Page 582