Matzlawi Construction Company Ltd.

The Company’s Core Business Areas
Entrepreneurship, development of real estate and urban renewal projects: initiations, development, establishment, marketing, and sale of projects, primarily in the field of residential construction in Israel, including urban renewal and “TAMA 38” projects, by locating properties, purchasing (in cash or in combination), constructing the buildings and selling the residential units.
Matzlawi is the first Israeli company to work on evacuation-reconstruction projects. The Company constructs and promotes projects involving over 2,000 housing units and is the first to have successfully completed several large “evacuation-reconstruction” projects (in Kiryat Ono, Kfar Saba, and Yehud).
Income-generating properties: Holding and managing income-generating properties in Israel, which the Company constructed as part of its real-estate development or as part of a purchase, mainly designated for office buildings, and commercial centers. The Company holds and manages 9,000 square meters of income-generating properties for commercial and office purposes. In 2014 the Company completed the construction of a large and luxurious country club for the Kiryat Ono Municipality, under a BOT (build-operate-transfer) agreement, and in return for the construction, the Company will run the country club for 24 years (the Company’s part in the project is 50%). The country club complex includes, in addition to a country club, a commercial area, clinical rooms, offices and a farmers market- the “Ono Market”.
A Contracting Department: The Company manages and executes all projects by self-construction. The equipment owned by the Company includes cranes, trucks, cement pumps, engineering mechanical equipment, scaffolding, etc. Historically, the Company has worked on projects for companies such as Africa Residence and Azorim.
Matzlawi is active in various real estate activities in Israel.

The Company’s main projects, now under construction and in planning:
• “Ayalon Quarter” Project in Bat Yam – one of Israel’s largest and most significant evacuation-reconstruction projects. In July 2021, construction began on Phase A of the project (576 housing units and 12,000 square meters of commercial and employment space). The project is located facing the Bat Yam mall and is in close proximity to the train station and Ayalon routes. This is a mega-sized project. According to Phase A and Phase B, the project will offer 1,078 housing units, and 25,000 square meters of commercial and employment space. The Company’s share in the project is 50%. The project is in collaboration with Nitzba.
• The “ONO PRIME” Project in Kiryat Ono – an “evacuation-reconstruction” project in Kiryat Ono (in the Calanit complex, adjacent to King Saul Blvd.) for the evacuation of 92 housing units, the construction of 393 housing units, TAMA strengthening, and the addition of 27 housing units to the Calanit Building. Phases A and B of the project have been fully populated, Phase C is expected to be populated during 2022.
• The Rothschild, Herzl and Liebskind Project in Bat Yam – the project is in the detailed planning stages for obtaining permits. Under the plan, 163 older housing in 12 buildings units will be demolished, some of which are classified as “dangerous buildings”. In their place, 560 housing units, a hotel and commercial areas will be built. During July 2021, the ICR Company joined as a 50% partner in the project.
• The “Rimon” Project in Kiryat Ono – an “evacuation-reconstruction” project for 32 housing units and the construction of 108 housing units in 2 “boutique” buildings. The project is under a binding town master plan and is about to receive a building permit.
• The 9-11 Ussishkin Project in Ramat Hasharon – a TAMA 38/2 project, evacuation of a complex that includes 30 housing units and 14 commercial units, construction of 96 housing units and 14 commercial units. The project is in planning stages and before a town planning committee decision.
• The “Kuzari” Project in Herzliya – evacuation of 66 housing units and the construction of 204 housing units. The local committee for planning and construction recently approved the plans for validation. As part of the plan, three residential buildings that include 66 housing units will be demolished and replaced by 6 buildings of 7 to 9 stories, offering 204 new housing units. Ownership of the project is as follows – Matzlawi – 50%, and Africa Urban Renewal – 50%.
• The “MY” Project in Yehud Monosson – evacuation of an Ashkenazi market in Yehud and the construction of 4 magnificent buildings with 168 housing units and a commercial floor in the center of Yehud. The project was completed successfully and was populated in full.
• Green Ono, in Kiryat Ono – an “evacuation-reconstruction” project on an area of 27 dunams in Kiryat Ono, with the evacuation of 10 older buildings and construction of 11 new buildings. A total of 168 landowners were evacuated and 532 new housing units were built. The project was successfully completed and was populated in full.
• EMERALD TOWER in Kfar Saba – evacuation of 40 housing units, and the construction of 120 housing units. The project was successfully completed and was populated in full.
• Elite Complex Residential Project – Ramat Gan Elite Towers – a prestigious tower of 30 floors, Phase A is populated and Phase B of the project is in planning stages for the construction of a mixed-use tower.