Levinstein Properties Ltd (TASE: LVPR) is a real estate development and investment company focused on residential, commercial, and industrial properties in Israel. The company develops and markets residential apartments, including high-rise towers and urban renewal projects under brands such as Neve 7 and Park HaKirya; constructs commercial centers and office spaces; and manages industrial parks and logistics facilities. It also provides property management services, construction contracting, and real estate investment activities targeting middle-to-upper income buyers, institutional investors, and corporate tenants primarily in central Israel.
Founded in 1978 and headquartered in Ramat Gan, Israel, Levinstein Properties operates across the country with key projects in Tel Aviv, Jerusalem, Haifa, and surrounding regions, including subsidiaries like Levinstein Engineering and Construction Ltd for specialized building services. The company emphasizes urban redevelopment through Pinui-Binui (evacuate-rebuild) initiatives and TAMA 38 strengthening projects, alongside green building certifications and sustainable development practices.
In the past two years, Levinstein Properties has expanded through strategic land acquisitions, including a major residential project in Rishon LeZion launched in 2024 with over 1,000 units planned; formed a partnership with leading financial institutions for joint ventures in commercial developments; and completed the sale of industrial assets generating significant capital for new residential pipelines. The company reported record revenues in 2024 driven by strong housing demand, alongside a corporate restructuring to streamline operations amid rising construction costs and regulatory changes in Israel's real estate market.