- 53K Approximately - Residential Projects in Various Promotional Phases
- 15.5 Approximately - Residential housing units
- 10 Approximately - Yield Bearing Real Estate
- 100K Square meters office and commercial space that the Group holds and manages.
About the Group
The REM Group was established in 2014 and resulted from a partnership between Jordache Israel (controlled by the Nakash family) and ORC Real Estate and Investments.
(controlled by Raz Oded) and A.G. Avi Investment Development (controlled by Avi Hormaro).
The Group specializes in the acquisition, improvement, and management of income-producing real estate (commercial, offices, and hotels) and in the development and development of residential real estate and luxury projects for mixed hotel, residential and commercial uses.
The Group designs, initiates, and markets about 14,500 residential units and 1,000 hotel rooms (most on the Tel Aviv coastline).
In addition, the Group owns and manages approximately 100,000 square meters of office and commercial space.
The Group owns office, commercial, and parking lots, as well as land reserves for improvement in high-demand areas throughout Israel.
The Group's customers and tenants include leading companies and large government bodies.
In July 2020, the Group jointly acquired with the Israel Canada Group 100% of the shares of ICR (formerly Minrav Projects), an entrepreneurial company active throughout Israel for decades in residential real estate.
In 2022, Bank Hapoalim acquired 20% of the company's shares through its investment arm, Poalim Equity.