SGS has over 40 years of proven experience and success in the field of construction and entrepreneurship. This success is attributed to the fact that the properties were built to the highest standards, to meet the demands of the tenants, with the construction based on the unique combination of the Company’s skills as an entrepreneur and as an experienced contractor.
Over time, SGS has completed projects of more than 2 million square meters, such as residential projects, including urban renewal projects, hotels, senior housing, offices, and commercial. SGS holds Unlimited Construction Certification.
SGS exclusively manage the, development, construction, marketing, business management and maintenance operations of Vitania Ltd., and is also one of its founders and shareholders. Vitania is an entrepreneurial company in the field of residential and commercial real estate, and develops, in collaboration with SGS, residential and urban renewal projects. Vitania’s securities are traded on the Tel Aviv Stock Exchange.
Over the last decade, SGS has strengthened its expertise in the field of residential and urban renewal construction through its “SGS Living” brand. The Company has identified the development of the residential market in this area and the emerging needs in urban renewal, especially in the centers of the large cities.
SGS is one of the pioneers in the field of urban renewal in Israel and is the construction company that has initiated, led and established one of the first evacuation-construction projects in Israel and the first of its kind in Tel Aviv – the “Green Park” project in the Neve Sharett district of northeast Tel Aviv. The project included the demolition of 10 older buildings with 154 apartments and the construction of six prestigious residential towers with 447 new apartments, extensive green areas, residents’ clubs, etc. The project was completed in 2017.
Green Park is a groundbreaking urban renewal project and the most significant construction evacuation project in Tel Aviv. The project initially and early on, faced many difficulties and regulation, which made it difficult to execute the project, including legal procedures under the Reluctant Tenant’s Law. SGS has promoted the project since 2006 and actually managed the process of signing contracts with the owners of the old apartmanets, planning the project , , including the process of choosing the housing units and contacts with the Ministry of Construction and Housing to have the project declared a construction-evacuation project under the exemption of the tax law.
SGS applies a unique social construction model, and SGS believes that an urban renewal project is above all a human engineering project and not just a structural engineering. The success of a project lies primarily in the recognition and understanding that it is a social project and SGS, therefore, gives full attention to the needs of the housing unit owners facing this crucial decision junction.
SGS makes sure to always involve the housing unit owners in the planning and construction of the project according to its worldview that advocates dialogue and the participation of the housing unit owners in the process – the interest in the success of the project is shared and the housing unit owners are partners in the process.
SGS develops and leads many urban renewal projects, the most prominent being:
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