Residential Development

Residential Develpment

We choose our locations and target customers with care. Since all our residential offerings are built for sale, we reap rewards by attracting buyers through high standards and ambitious marketing.

The group have expirience of delivering more than 3,000 of residential units over the year.

Israel
Among our most recent projects in Israel, is a residential tower in one of Tel Aviv’s most picturesque old quarters. Offering magnificent views, and modern life, in a colorful ambience mixing the past and the avante garde, the tower had captured buyers who can afford to indulge in a special life style.

In the recent years the Group specialized in Clearing & Development (C&D) projects.

Our current projects under development are:

– Lugano, Yahud – 280 Units + 4000 sqm of commercial space. – C&D

– Highline Towers, Ramat Gan – 285 Units. – C&D       www.highline.co.il

 

Our C&D projects pipeline include the following projects:

Hagaon Mevilna, Herzliya – 650 Units.

Kiryat Motzkin – 340 Units.

Mitham Habosem, Tel Aviv – 470 Units.

 

For more information please visit our Red Sea Real-Estate website at: www.yamsuf.co.il

 

Central Europe
Our most ambitious project in this rapidly developing region will be a showcase of elegance, comfort and functionality.
In Aviatiei, one of Bucharest, Romania’s most prestigious areas, we are building a very large residential and commercial neighborhood of towers surrounded by beautiful green spaces. It will be the “green heart” of Bucharest, and is attracting a consistently high class group of potential home owners and business people.
The project features 4,000 units covering an area of some 400,000 square meters, with projected sales to total Euro 720 million. Sound planning, adherence to world class standards and professional project management are ensuring this major project’s bright future.
We already have positive experience in the region, having built some 140,000 square meters of commercial premises, primarily in Hungary.

 

Commercial

Our positioning was American with local flavor:
The malls are combination entertainment/shopping experiences, introducing the joy of a day at an attraction-packed mall to enthusiastic consumers.

Central Europe is an emerging market with extraordinary opportunities for those who know how to finance judiciously, position accurately, and move with dexterity. We entered the market in Hungary in 1997 through Plaza Centers, a venture which began developing shopping malls throughout Central Europe. Within two years, Plaza Centers became the largest shopping mall company in Hungary with properties in bustling centers. Our positioning was American with local flavor: The malls are combination entertainment/shopping experiences, introducing the joy of a day at an attraction-packed mall to enthusiastic consumers. We are now exploring opportunities in other Central European countries, as well as in Eastern Europe. At the same time, the sale of our Hungarian shopping centers for a handsome profit is under consideration.

SHOPPING MALLS IN HUNGARY

Miskolc Plaza 220,000 sq.ft.
Pecs Plaza 200,000 sq.ft.
Szeged Plaza 200,000 sq.ft.
Czepel Plaza 200,000 sq.ft.
Gyor Plaza 190,000 sq.ft.
Debrecen Plaza 190,000 sq.ft.
Alba Plaza, Szekesferhervar 200,000 sq.ft.

History

In the 90’s of the last century, Red Sea Group leveraged its construction and development expertise to move into residential and commercial projects, in Israel and abroad. In each project, Red Sea Group carefully defined the user profile – the population that would benefit from the project, and the design and location responded accordingly. From luxury towers in Israel to shopping malls in Hungary, this comprehensive approach, combined with strict financial project implementation, have led to lucrative, distinctive projects, each with a personality and attractions.