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Construction & Real Estate

205

2016

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DUN’S

100

DUN’S

100

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2015

DUN’S

100

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2016

2016

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DUN’S

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25

Real Estate Development

RANK

Meshulam Levinstein Contracting and

Engineering Group Ltd.

T

heMeshulam Levinstein Contracting and

Engineering Group was established in

1964 and is one of the leading con-

struction and real estate groups in Israel. The

company’s activities include initiation, construc-

tion and development of residential projects,

urban renewal, office buildings, commerce and

industry buildings, construction and rental of

long-termassets (yielding assets) and real estate

management. As of Dec. 31, 2015, the group had

a NIS 1,994 m. balance sheet and NIS 678 m. in

consolidated capital. The group expects annual

rental income in 2016 of over NIS 80 m. in ad-

dition to income from residential construction

projects and contracting works.

The company’s founder, the late Meshulam

Levinstein, passed away in 2009. His son, the

civil engineer Shaul Lotan, is the company’s

CEO.

Since 1982 the company’s shares are traded on

the Tel Aviv Stock Exchange. Among its custom-

ers are banks, public organizations and some of

the leading companies in Israel.

Uncompromising Level of Quality –

The Me-

shulam Levinstein Group, that has been op-

erating for over 70 years, enjoys management

stability and financial strength. The group gained

excellent reputation thanks to its commitment

to quality and meeting the highest standards at

agreed timetables. The groupmanages activities

and supervises all projects through its engineer-

ing and technical department, employing engi-

neers, supervisors and expert project managers,

who professionally accompany each project. The

group hires dozens of subcontractors and sup-

pliers. During its various operation decades, the

group built many of the most known ventures in

Israel, including leading office towers, residen-

tial neighborhoods, infrastructure, public and

governmental projects, medical centers, cultural

centers for municipalities, hotels and others.

Among the customers are large banks, insurance

companies, Hi-Tech companies, industrial corpo-

rations, leading law and CPA offices in Israel and

of course thousands of households.

Levinstein Properties

The group’ssubsidiary Levinstein Properties Ltd.

is traded on the Stock Exchange. The company

deals with income properties development,

establishment and rental. The rent from these

properties constitutes a strong financial basis,

creating an on goingcash-flow.

The Group’s Areas of Activity

Income Yielding Properties

• Levinstein Tower - Tel Aviv –

A 33 floors tower,

on 60,000 sq.m. The floors owned by Levinstein

on the building are rented to Bank Hapoalim,

hi-tech companies, leading law and CPA firms

and more.

• Discount Levinstein Tower -

Tel Aviv – A 31

floors tower, on 40,000 sq.m,. half of which is

leased to Discount Bank’s management. The re-

mainder is rented to embassies, Weksler Breg-

man law firm and more.

• Ironsource House –

LilenblumSt., Tel Aviv: A 5

floors boutique building of offices and parking

lots, on 5,000 sq.m., wholly occupied by the

company Ironsource.

• Yokneam Hi-Tech Park at Hatishbi-Yokneam

Junction –

A 26,000 sq.m. building, where

the company owns about 50%, in it, among

others, are the main offices of Biosense from

Johnson & Johnson Group, Mellanox and C.A.M.

Electronics.

• Africa Israel house at Hahoresh St. Yehud –

A 5 floors building, 60% owned by Levinstein,

including the main offices of Africa Israel.

• Modi’in –

The company owns about 50% of

“Atrium” project, on 8.000 sq.m., The project is

located at the heart of Modi’in’s new and devel-

oping industrial zone, fully rented.

• Commercial Projects

such as Asaf Center and

others countrywide.

Residential Projects

The Group develops and constructs hundreds of

new housing units at residential projects coun-

trywide annually inModi’in, Shoham, Holon, Kfar

Yona, Yokneam, Givatayim, Ganei Tikva, Kadima

Zoran, Yehud, Haifa, Jerusalem, Kiryat Bialik, Or

Akiva, Afula, etc.

The Mythological Central Station –

In mid-2015

the company acquired, in cooperation with

Shikun & Binui Tel Aviv’s Central Bus Station.

hundreds of thousands of sq.m., for residence,

commerce and offices will be built on the com-

pound, presently at planning stages. The munici-

pality plans to design the compound around a

big square including cultural institutions.

Contacting Activity

Recent project:

Construction of Clalit Health Ser-

vices’ main logistic center in Shoham, Avis’ ser-

vice center and offices in Ramla-Lod, fire station

at Igal Alon St., Tel Aviv, Clalit Health Services’

northern logistic center, the Technion’s civil en-

gineering faculty Rabin Building in Haifa, the Me-

diatech – library and community center for arts

in Holon, nanotechnology building at Bar Ilan

University, parking building in Naharyia, etc.

Urban Renewal

Levinstein has a vast urban renewal activity,

implementing National Outline Plan 38 from

examinations and planning to performance,

management and the finishing stages including

specific appraisal for each building, engineer-

ing and architectural planning, promoting and

quickly obtaining building permits, building re-

inforcements and additions at the highest level,

all fully financed by the company free of charge

for the residents.

LEVINSTEIN

G

R

O

U

P

MESHULAM

23 Menahem Begin Rd., Tel Aviv 6618356

Tel:

972-3-7100200

Fax:

972-3-7100222

m_levin@levinstein.co.il www.levinstein.co.il

Shaul Lotan

CEO *

Micha Sneh

VP Engineering &

Construction

Eliezer Elkon

BOD’s Chairman

Alon Mermelstein

VP Business Development

Sharon Ben Zvi

VP Marketing & Sales

The Late Meshulam

Levinstein

Founder

Yosef Cimer

CFO

* See Top Executives Profiles - Page 582