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White City Group: Comprehensive Company Profile



Background



White City Group is a prominent real estate development firm based in Tel Aviv, Israel. Established in 2003, the company has been instrumental in transforming urban landscapes through innovative and creative real estate projects.

Key Strategic Focus



White City Group specializes in several core areas:

  • Residential Development: Collaborates with leading architects and construction firms to develop residential projects ranging from standalone buildings to large complexes.


  • Hospitality: Focuses on locating, planning, and developing hotels, often in partnership with iconic hotel chains, to enhance urban hospitality offerings.


  • Preservation: As pioneers in building preservation in Tel Aviv, the company has restored some of the city's most iconic structures, contributing to UNESCO's 'White City' heritage.


  • Mixed-Use Projects: Develops innovative mixed-use projects that combine luxury housing, five-star hotels, and premier commercial spaces, collaborating with top architectural and interior design firms in Israel.


Financials and Funding



While specific financial details are not publicly disclosed, White City Group's extensive portfolio and long-standing presence in the real estate sector indicate a robust financial foundation. The company's strategic partnerships and successful project completions suggest effective capital utilization and sustained growth.

Pipeline Development



White City Group has a diverse pipeline of projects, including:

  • Shim'on ha-Tarsi 34-36: A residential development offering park-side living, with only seven apartments remaining for sale.


  • BASEL 5 STAR: A mixed-use project combining luxury housing with a five-star hotel and premier commercial spaces.


  • Nordoy Hotel: A hospitality project that exemplifies the company's commitment to enhancing urban hospitality experiences.


Technological Platform and Innovation



White City Group distinguishes itself through:

  • Proprietary Technologies: Utilizes advanced construction techniques and materials to ensure sustainability and efficiency in all projects.


  • Scientific Methodologies: Employs comprehensive urban planning and architectural design methodologies to create harmonious and functional spaces.


Leadership Team



  • Itzik Ben Shoham: Founder and Chairman, with a background in preservation and conservation projects, leading the company's strategic direction.


  • Maor Cohen: Vice President and Legal Advisor, specializing in negotiations and complex transactions within the real estate industry.


  • Omer Gutholtz: CEO of Urban Renewal, with extensive experience in planning and executing residential projects in central Tel Aviv.


  • Moran Barkan: Chief Financial Officer, with over 15 years of experience in real estate and the hotel industry, both in Israel and abroad.


Leadership Changes



As of 2018, Itzik Ben Shoham transitioned to the role of Chairman, focusing on expanding the company's activities abroad.

Competitor Profile



Market Insights and Dynamics: The real estate development sector in Tel Aviv is highly competitive, with a focus on urban renewal, preservation, and mixed-use projects.

Competitor Analysis:

  • Ballymore Properties Limited: A real estate development company with a revenue of £9.79 million and 3 employees.


  • Galliford Try Services Limited: A construction company with a revenue of £16.3 million and 15 employees.


  • St. Modwen Developments Limited: A development company with a revenue of £54.8 million and 46 employees.


Strategic Collaborations and Partnerships



White City Group collaborates with leading architectural firms, construction companies, and iconic hotel chains to enhance its project offerings and market position.

Operational Insights



The company's strategic focus on preservation and mixed-use developments, combined with its innovative approach and strong leadership, positions it favorably in the competitive real estate market.

Strategic Opportunities and Future Directions



White City Group aims to continue its expansion into international markets, leveraging its expertise in urban renewal and mixed-use developments to capitalize on emerging opportunities.

Contact Information



For more information, visit the official website: whitecity.co.il

Note: Specific contact details such as address, phone number, and email are not provided in this profile.
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