Leading Companies in Urban Renewal in Haifa and Jerusalem
Building renewal is one of the most important ways to increase housing supply. After examining the situation in Tel Aviv, we checked which companies dominate in the other two largest cities — Haifa and Jerusalem.
Urban renewal is one of the most important ways to increase the supply of apartments in the real estate market. The reason for this is simple: Israel has a limited supply of land, and as such, building upwards on the same plot of land takes on supreme importance.
Take, for example, cities like Holon, which, apart from one area, has nowhere to expand, or "locked" cities like the Krayot, which cannot expand. What happens in this case? They demolish old buildings and build new ones. Building renewal is one of the most important alternatives to the defunct TAMA 38.
With the help of Dun & Bradstreet data, we recently checked who the leading companies are in "pinui-binui" (evacuation and construction). Later, we also published the list of companies dominating building renewal in the Sharon region. Now, we have examined the situation in two of the 3 largest cities — Haifa and Jerusalem.
Before we begin, a few words about building renewal and the difference between it and urban renewal. Urban renewal is an umbrella term that describes a comprehensive process of revitalizing old areas in a city. Urban renewal refers not only to a single structure, but to a quarter, neighborhood, or an entire complex.
Building renewal (known in the past mainly through TAMA 38 routes, and today through the Shaked alternative or detailed urban plans) focuses on a single building or a small cluster of 2–3 buildings. That is, it is a very localized scale — only the specific building and its plot. It includes strengthening/demolition and reconstruction of the structure, adding MAMADs (protected spaces), balconies, elevators, and parking (usually in facilities or basements). It deals less with neighborhood infrastructure, for example.
Let's start with Jerusalem. According to the data, Yesodot Shituf of the Kahan Group (owned by businessman and entrepreneur Yehiel Kahan) is ranked first, while the companies Tara Nadlan and Capital Gold are also building quite a few apartments in the area. These are not particularly large clusters, but a low double-digit number of apartments that were occupied in 2025, however, each of the companies is building 14–16 projects, most of them after receiving a permit. As can be learned from the numbers, only a small part of those projects are finished, and this indicates the continuation.
There are a few more companies that did not enter the top three but are worth mentioning, because they are building quite a bit in Jerusalem: Lited Urban Renewal has 10 projects in Jerusalem, and the Beit Yerushalmi group has another 6. Yesodot Shituf is ranked first because it will produce the most housing units among its projects that have received a building permit — over 100.
And what is the situation in Haifa? Yaakov Gilboa (29 projects), Bilya Yazamut (14), and the Avi Rahamim Group (8) lead the field. Larger and more well-known companies, such as Shatit (in seventh place) and Geshem Holdings (10), are also included in the list, but in lower places.
