What BST Group does

BST Group (legal name BST A.V.O. Group Ltd.) is a vertically integrated Israeli real-estate conglomerate founded in 1972 by Badi Tannous and controlled by the Tanus family, listed on the Tel Aviv Stock Exchange since June 2026 at an approximate valuation of 3 billion ILS. The group operates through four core subsidiaries: BST Initiation (real-estate development and land acquisition), BST Construction (general contracting with 50+ years of execution history), BST BuildUp (office fit-outs, founded 2010, G5 contractor classification), and BST Global (international real-estate investment in Canada since 2001 and the UK since 2023). It has cumulatively delivered 1,000+ projects and 10 million+ sqm of built area, with 10,000+ housing units occupied across Israel and a current pipeline of 25 projects under construction, 9 residential projects in active marketing, and 7,500 housing units in urban-renewal planning.

The revenue model combines one-time residential apartment sales to end buyers with professional-services revenue from general contracting for institutional developers (Azrieli Group, Melisron, Gav Yam, Amot, Migdal, Hagag, The Economic Company for Haifa, NVIDIA) and fit-out projects for 160+ corporate and public-sector clients (Palo Alto Networks, Global E, Philips Healthcare, KAN, Gornitzky & Partners). BST Global contributes recurring rental income from 415 owned and 385 in-development international multifamily and commercial units. Distribution is conducted through 8+ project-specific sales offices across Israel, a central sales hotline (*2447), and direct B2B sales for institutional construction contracts. The group holds ISO 9001, ISO 45001, and the highest 5-star Israeli Stars of Safety certification, and is consistently ranked in the CofaceBDI Top 100 Israeli companies.

Underlying technology is conventional construction-industry tooling: in-house quality-control methodology with monthly site competitions, digital documentation, and ISO-aligned safety management — there is no disclosed AI/ML, proprietary software platform, or data-asset layer in the business.

Name

BST Group

Legal name

BST A.V.O. Group Ltd.

Website

https://bst.co.il

Company type

Public

Founded year

1972

Operating status

Operating

Headcount range

11–50 employees

Short description

BST Group is a vertically integrated Israeli real-estate conglomerate (founded 1972, TASE-listed 2026) operating residential development, commercial construction, office fit-outs, and international property investment through subsidiaries BST Initiation, BST Construction, BST BuildUp, and BST Global.

Ownership category

akta.pro rank

Headquarters

HQ city

Yakum

HQ country

Israel

HQ region

Middle East

Offices10 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Residential real estate development and sales: BST Group develops and sells residential apartment projects across Israel, including luxury boutique buildings, towers, and urban renewal projects. Revenue is generated through apartment sales to end buyers, typically structured as forward-order or market-rate sales.
2. Construction services for third-party developers: BST Construction executes large-scale construction projects for other developers and institutional clients (e.g., Azrieli Group, Melisron, Gav Yam, Amot, Hagag Group, The Economic Company for Haifa), providing general contracting services.
3. Office fit-out services (BuildUp subsidiary): BST BuildUp (established 2010) provides office fit-out and finishing services to corporate clients, delivering turnkey office solutions. With g'5 (highest) contractor classification, it has completed hundreds of thousands of sqm of fit-out work.
4. Income-producing properties (international): BST Global holds and manages income-producing real estate assets in North America (Canada) and England, including multifamily residential units and commercial/medical real estate, generating recurring rental income.
5. Urban renewal projects: BST promotes and executes urban renewal (pinui-binui / TAMA 38) projects where existing tenants are relocated and new residential units are built and sold, generating revenue from the sale of newly constructed units.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels9 records

Core offering

BST Group is a vertically integrated Israeli real estate conglomerate that develops, constructs, and sells residential and commercial real estate, delivers large-scale general contracting for third-party institutional developers, executes office fit-out works, and holds income-producing real estate in North America and the UK. The company manages the full real estate value chain in-house, from business development and initiation through planning, licensing, construction, fit-outs, sales, delivery, warranty, and property management. It sells apartments directly to end buyers through dedicated sales offices while providing construction services to enterprise clients on a tender basis.

Product overview

BST Group is a vertically integrated real estate conglomerate offering end-to-end services across development, construction, fit-outs, and property management. The portfolio includes BST ייזום (development), BST בנייה (construction with 50+ years experience), BST BuildUp (office fit-outs since 2010), and BST Global (international operations in Canada and UK). Key residential projects include מערבה (Rehovot), BSTowers (Petah Tikva), VIEW (Nazareth), CREATE (Kiryat Ata), and ליליאן (Tel Aviv). Commercial offerings include PRIME business complex in Nof HaGalil. The company also provides urban renewal services and operates in international markets through multifamily, office, and medical center investments.

Differentiator

Problem solved

Functional benefit

Products and services

• BST Development (BST ייזום) Real estate development and initiation services for large-scale residential neighborhoods, residential towers, office buildings, and mixed-use complexes. Manages the entire business development and initiation process in-house, from site identification through planning and licensing, targeting end buyers and institutional clients in Israel.
• BST Construction (BST בנייה) General contracting and construction services with 50+ years of experience, specializing in execution of complex iconic projects including residential towers, office buildings, public structures, technology campuses, and industrial parks. Serves both BST's own developments and third-party institutional clients (Azrieli, Melisron, Gav Yam, Amot, Migdal, NVIDIA). Operates under ISO 45001 and holds the highest 5-star Israeli safety certification.
• BST BuildUp Office Fit-Out Turnkey office fit-out services from shell to occupancy for corporate clients, including shell finishes, interior construction, and finishing works. Holds the highest G'5 contractor classification in Israel and has delivered 200+ fit-out projects totaling 750,000 sqm for 160+ clients including technology firms (Palo Alto Networks, KLA, Global E), healthcare (Philips), and government (KAN).
• BST Global International Real Estate International real estate investment and development operating in North America (primarily Canada) and the UK since 2023. BST Global owns and operates multifamily residential properties, office spaces, and medical centers, generating recurring rental income while developing new projects (415 owned housing units, 385 in development, 315,000 sq ft commercial real estate owned, 190,000 sq ft in development).
• Maaravah (מערבה), Rehovot Residential Project A residential project in western Rehovot currently in active marketing, comprising two residential towers and two boutique buildings with a diverse apartment mix, public spaces, and agricultural landscape views. The project serves end buyers seeking quality housing in a sought-after neighborhood of Rehovot.
• BSTowers Petah Tikva Residential Project A two-tower residential development in the Academic Campus neighborhood of Petah Tikva, comprising a 27-story and a 20-story tower offering diverse apartment types including duplexes, garden apartments, and luxury penthouses for end buyers.
• VIEW Nazareth (ביוויו נצרת) Luxury Boutique Residences A luxury boutique residential development in Nazareth's sought-after Nimsawi neighborhood, designed by architect Nazmi Shahada, offering upscale living with modern design and rich specifications for premium buyers.
• PRIME Nof HaGalil Business Complex A commercial business complex in Nof HaGalil featuring luxury office towers inspired by leading business centers worldwide, with modern design and green construction standards. Targets office tenants and commercial property buyers in northern Israel.
• CREATE Kiryat Ata (קריית אתא) Residential Project A meticulously planned residential project in Givat HaKallanot, Kiryat Ata, comprising 4 residential towers and 25 boutique buildings with diverse apartment offerings for end buyers in the Kiryat Ata market.
• Lillian 10 Antokolsky 6 Tel Aviv (ליליאן 10) A corner boutique residential development in Tel Aviv's northern new area, comprising two boutique buildings with 40 residential units and underground parking, targeting premium buyers in Tel Aviv.
• Urban Renewal Services (Pinui-Binui and TAMA 38) Urban renewal and evacuation-construction (pinui-binui / TAMA 38) services across Israel, offering existing apartment owners new, larger, and safer residences in upgraded buildings with modern infrastructure at no cost to the owner. BST covers all financial, logistical, and bureaucratic aspects of the relocation and reconstruction process. Pipeline includes 7,500 housing units in planning and 1,250 units under construction across 25 planning projects.

Quantifiable outcome

• 100% on-time delivery record for residential projects
• +5 more outcomes

Named customers20 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Ten partnerships are on record, tiered core and major.

• Azrieli GroupcoreStrategic or Co-development PartnerAzrieli Group is one of BST Construction's most significant construction clients. BST has served as general contractor on multiple landmark Azrieli projects including Azrieli Town Office Tower (36 floors, 55,000 sqm), Azrieli Town Residential Tower (51 floors, 30,000 sqm), and Azrieli Business Park Holon (120,000 sqm across four buildings).
• MelisroncoreStrategic or Co-development PartnerMelisron is a major Israeli commercial real estate developer and a key client of BST Construction. BST has built Ofer Mall Rehovot for Melisron, as well as the Ofer Center commercial project in Nof HaGalil.
• Gav Yam (גב ים)coreStrategic or Co-development PartnerGav Yam is a major Israeli real estate developer. BST has built the Government Housing Administration building in Holon for Gav Yam, and multiple commercial projects including Tamir 5 Business Park in Rehovot.
• Amot InvestmentscoreStrategic or Co-development PartnerAmot Investments is a leading Israeli REIT and property company. BST Construction has completed Amot Platinum office tower (22 floors, 28,000 sqm) in Petah Tikva and the Amot Campus Holon (22 floors, 60,000 sqm office tower with 5 basement levels) for Amot.
• Migdal IsraelcoreStrategic or Co-development PartnerMigdal Israel is a leading Israeli insurance and finance group with real estate operations. BST built the Menora Mivtakhim Tower (36-floor, 65,000 sqm office building) in Ramat Gan for Migdal.
• Hagag GroupmajorStrategic or Co-development PartnerHagag Group is an Israeli real estate development and investment group. BST Construction has partnered on various Hagag Group projects.
• The Economic Company for HaifamajorStrategic or Co-development PartnerThe Economic Company for Haifa is a major Israeli industrial and real estate development corporation. BST has partnered with them on commercial and industrial projects in the Haifa area.
• Rubinstein EstatecoreStrategic or Co-development PartnerRubinstein Estate operates protected housing (senior living) facilities in Israel. BST Construction built the Rubinstein Protected Housing project in Holon (86,000 sqm) and Rubinstein Givatayim project.
• NVIDIAcoreStrategic or Co-development PartnerBST Construction is executing the NVIDIA Israel campus — described as a flagship engineering project for the technology giant. This is one of BST's most prominent ongoing construction projects.
• Tsomet (Zomet) / Israeli Contractors AssociationmajorImplementation/ SI/ Consulting PartnerBST works in close cooperation with Tsomet and the Israeli Contractors Association for the 5-star safety certification program, with BST Construction being among the first in Israel to achieve the highest safety certification level.

Scale indicators24 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• Shikun & Binui: Israel's largest publicly listed construction and real estate group, active in residential development, infrastructure, and concessions. Highly comparable to BST as a vertically integrated Israeli developer-builder with a public listing and urban renewal exposure.
• Ashtrom Group: Privately held Israeli construction and real estate group with end-to-end capabilities across initiation, construction, and fit-out. Closely mirrors BST's integrated 'one-house' model and serves overlapping residential, commercial, and urban renewal segments.
• Electra (Israel): Public Israeli conglomerate with major construction, real estate development, and electromechanical contracting operations. Comparable to BST in residential and commercial construction scale and as a listed Israeli builder-developer.
• Danya Cebus: Israeli general contractor and real estate developer active in residential towers, commercial buildings, and urban renewal. Direct comparable to BST Construction on project type, scale, and institutional client base.
• Tidhar Group: Israeli construction and real estate development group focused on residential, commercial, and urban renewal projects. Overlaps with BST in initiation-to-construction integration and mid-rise to high-rise apartment delivery.
• Africa Israel Properties: Israeli real estate developer with significant income-producing commercial and residential assets. Comparable to BST through its combined development and property investment model, particularly similar to BST Global's North American holdings.
• Melisron: Major Israeli publicly listed commercial real estate developer and property company. Operates in the same Israeli real estate development space as BST and is simultaneously a significant BST Construction client.
• Amot Investments: Leading Israeli REIT focused on income-producing office and commercial properties. Overlaps with BST on commercial real estate development (BST has built multiple Amot office towers) and operates in the same institutional-grade Israeli commercial segment.
• Gav-Yam: Israeli real estate company specializing in business parks and commercial developments. Comparable to BST's commercial development arm and is an active BST Construction client (e.g., Holon Government Housing Administration building).

Broad incumbents

• Azrieli Group: Israel's largest diversified real estate group with landmark mixed-use, office, and retail developments. A larger, more established incumbent operating across the same Israeli development space and a marquee BST Construction client across multiple projects.

Market position

Weaknesses4 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@BSTGroup1972
• Facebookfacebook.com/BSTgr
• LinkedInlinkedin.com/company/bstgroup
• Instagraminstagram.com/bstgroup_official
• TikToktiktok.com/@bst.group64

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles24 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BST Group