Israel Canada

What Israel Canada does

Israel Canada (T.R.) Ltd. is a publicly traded Israeli real estate development company listed on the Tel Aviv Stock Exchange, specializing in luxury residential, commercial, hotel, and supportive housing projects. The company operates across the full real estate value chain—from strategic land banking through development to ongoing property management—following its proprietary 'Better & Different' strategic framework. Its core operations include high-rise towers, boutique buildings, mixed-use complexes, urban renewal projects, and land investments across Israel's central region including Tel Aviv, Herzliya, Ramat Hasharon, Ramat Gan, Jerusalem, and Hod Hasharon, with international expansion via WEM London and hotels in Germany.

The company sells primarily to high-net-worth individuals and institutional investors through dedicated project sales centers, enterprise field sales teams, and its investor relations platform. Revenue is generated primarily through one-time residential and commercial property sales upon apartment handover (e.g., 137 apartments for NIS 704M in Q4 2025), supplemented by land banking appreciation, hotel operations through Israel Canada Hotels (with Brown Hotels partnership), supportive housing (senior living), and commercial leasing. Pricing is transaction-specific with luxury apartments averaging approximately NIS 11M, with individual transactions ranging up to NIS 38M. The technology infrastructure comprises a Wix-based digital marketing platform, an AI-powered customer service chatbot, the proprietary City Hall property management application, and CRM-based customer relationship management.

Israel Canada operates through multiple wholly-owned subsidiaries including ICR (Israel Canada Ramat) for urban renewal, City Hall for property management, Israel Canada Hotels for hospitality, and a Supportive Housing division. The company has pursued aggressive expansion including the NIS 10B Acro merger (Competition Authority approved February 2026), hotel operations merger with D.N.A, joint acquisitions with Check Point Software Technologies, and institutional capital partnerships with Harel (NIS 250M) and Amitim (NIS 100M). Key flagship projects include the Rainbow Tel Aviv resort living development (480 units, 275+ sold as of 2026), Midtown Jerusalem, Vertical City (Shenkar College campus), and the SHE mixed-use project in Tel Aviv.

Name

Israel Canada

Legal name

Israel Canada (T.R.) Ltd.

Website

https://israel-canada.co.il

Company type

Public

Founded year

1986

Operating status

Operating

Headcount range

101–250 employees

Short description

Israel Canada is a TASE-listed Israeli real estate developer specializing in luxury residential, commercial, hotel, and senior housing projects across Israel, serving high-net-worth individuals and institutional investors through direct sales and large-scale mixed-use developments.

Ownership category

akta.pro rank

Product category

Luxury Residential and Commercial Real Estate Development

NAICS

New Housing For-Sale Builders (236117), Real Estate and Rental and Leasing (53), Accommodation (721)

SIC

Operators Of Apartment Buildings (6513), Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Residential Design-Build & Renovation-Integrated Builders (IMAFABAE)

Keywords

• Luxury real estate development
• Residential property sales
• Commercial real estate
• Urban renewal projects
• Land investment

Headquarters

HQ city

Herzliya

HQ country

Israel

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential Property Development & Sales: Israel Canada generates primary revenue through the development and sale of luxury residential units. Projects include high-rise towers, boutique buildings, and mixed-use complexes. Revenue is recognized upon apartment handover to buyers. The company has sold over 275 apartments in the Rainbow project alone as of 2026, with average prices of approximately NIS 11 million per apartment in Sde Dov area projects.
2. Commercial & Office Property Development & Sales: Development and sale of premium office and commercial spaces across Israel, including projects such as Vertical City (Ramat Gan stock exchange area), SHE, and Rainbow Hub in Sde Dov.
3. Land Banking & Land Sales: Strategic acquisition and holding of land reserves for future development. The company has accumulated approximately 227 dunams in Hod Hasharon West and East, approximately 65 dunams in Ramat Hasharon (Four and Five), and land in the Northern Rova in Herzliya. Land is sold or developed when zoning permits.
4. Urban Renewal (ICR) Projects: The company participates in urban renewal through its ICR (Israel Canada Ramat) subsidiary, developing urban renewal projects including Emek Hach祷im (Valley of the Springs), Ganei Herzliya, and the Hamesila in Herzliya. Revenue generated from selling renewed residential units.
5. Hotel Ownership & Operation: Through Israel Canada Hotels, the company develops and operates hotel properties. The company acquired two hotels in Northern Israel for NIS 142 million and is expanding into Germany through a Brown Hotels partnership to acquire 6 hotels for approximately EUR 66 million. Hotels are managed either directly or through operators.
6. Supportive Housing (Senior Living): Development and operation of supportive housing (senior living) communities, with a reported NIS 100 million investment by Amitim in Israel Canada's supportive housing subsidiary.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Israel Canada is a publicly traded Israeli real estate developer that identifies, acquires, develops, and sells luxury residential, commercial, office, hotel, and supportive-housing properties across Israel's prime metropolitan locations and selectively internationally. Its standalone product portfolio includes flagship projects such as Rainbow Tel Aviv (a 480-unit resort living development), Vertical City (Shenkar College campus), Midtown Jerusalem, Park North, Eve, and multiple land-bank investment parcels. Beyond development, the company runs an integrated property management platform (City Hall) for residents, hotel operations via Israel Canada Hotels, and supportive housing communities.

Product overview

Israel Canada (TASE listed) is a real estate development company operating across Israel and internationally. Its product portfolio comprises multiple distinct residential, mixed-use, commercial, and land investment projects organized under several categories: (1) Residential projects including luxury units and urban renewal developments — Rainbow Tel Aviv (the flagship Resort Living project), People, Dubnov Tower, SHE, Midtown Jerusalem, Lev Bavli, Air Givatayim, Blue Atlit, Pastoral Jerusalem, Brodetsky Tel Aviv, Park North Ramat Hasharon, Eve Ramat Hasharon, and Beit Hanaara Hod Hasharon; (2) Office/commercial projects including Rainbow Hub (Sde Dov business campus) and Vertical City (Shenkar College campus in Ramat Gan); (3) Land investment projects including Four&Five Ramat Hasharon (~65 dunams), Hod Hasharon West (~227 dunams), and The Northern Quarter Herzliya; and (4) International projects including WEM London. The company's strategic framework is branded 'Better & Different,' emphasizing urban renewal, premium amenities, and resort-style living experiences.

Differentiator

Problem solved

Functional benefit

Brands

• Rainbow: Flagship luxury resort living project in Sde Dov, Tel Aviv - includes residential towers, wellness facilities, and premium amenities
• Lev Bavli
• Park North
• Midtown Jerusalem
• Pastoral
• Rova Herzliya North
• Hamsila
• Eve
• Air
• Rainbow Hub
• Beit HaNaara
• Four and Five
• Hod Hasharon West
• Brodetsky
• SHE
• Vertical City
• Dubnov Tower
• People
• WEM London
• Sea View
• Sea View 2

Products and services

• Rainbow Tel Aviv (luxury resort living development) Flagship luxury residential resort development on the Sde Dov coastline in Tel Aviv, featuring 480 units in a 39-story tower and six boutique buildings with 2,000+ sqm of wellness, business, and lifestyle amenities managed by Israel Canada's City Hall platform; for high-net-worth buyers and investors.
• People (Tel Aviv residential) Luxury residential project in Tel Aviv offering high-end apartments with premium amenities; targeted at high-net-worth buyers seeking premium Tel Aviv addresses.
• Dubnov Tower (Tel Aviv) Luxury tower project at Dubnov 4 in Tel Aviv combining residential units with commercial and office spaces, including a rooftop pool and fitness facility in the parking structure; for high-net-worth buyers and commercial occupiers.
• Vertical City (Ramat Gan) Mixed-use campus in Ramat Gan that serves as the new home of Shenkar College of Engineering, Design and Art, combining educational facilities with commercial and office spaces.
• SHE (Tel Aviv mixed-use) Iconic mixed-use development at the intersection of Herzl and Yehuda Halevi in Tel Aviv that blends luxury residences with offices for sale, designed as a convergence of art, work, and living; for residential and commercial buyers.
• Midtown Jerusalem (mixed-use urban development) Iconic mixed-use project on Yaffo Street in Jerusalem creating a downtown (midtown) district with luxury residences, offices for sale, and commercial spaces, positioning Jerusalem alongside global cities.
• Lev Bavli (Tel Aviv) - urban renewal Urban renewal residential project in the Bavli neighborhood of Tel Aviv combining contemporary design with vintage touches, developed jointly with Basel Group, offering luxury residences centered on community living; for urban renewal partners and new buyers.
• Air Givatayim (luxury residential) Luxury residential complex in Givatayim near Tel Aviv with Manhattan-style rooftop views, modern kitchens, and proximity to educational institutions, parks, and the Givatayim theater; for buyers seeking Givatayim/Tel Aviv area luxury.
• Blue Atlit (coastal luxury residential) Luxury coastal residential neighborhood in Atlit, featuring premium residences on one of the region's most prized beachfront strips; for buyers seeking coastal luxury outside Tel Aviv.
• Pastoral Jerusalem (urban renewal) Urban renewal project in south-west Jerusalem near Kiryat Hayovel and Ein Karem, comprising four 23-story luxury towers plus a 7-story boutique building with central piazza, cafés, boutique shops, and nurseries; for urban renewal partners and new Jerusalem buyers.
• Brodetsky Tel Aviv (luxury residential / urban renewal) Urban renewal boutique project in Ramat Aviv, Tel Aviv combining neighborhood character with modern luxury residences between Tel Aviv University and the beach; 166 units available for buyers and renewal partners.
• Park North Ramat Hasharon (luxury neighborhood) Exclusive new neighborhood in Ramat Hasharon surrounded by a 270-dunam ecological park, offering elegant luxury residences (~1,200 units) with central piazza, fountain, swimming pool, fitness center, children's studio, lounge, and co-working space; for buyers seeking Ramat Hasharon luxury.
• Eve Ramat Hasharon (urban renewal residential) Luxury residences (~401 units) in a green, pastoral environment between Tel Aviv and Ramat Hasharon, marking a new chapter of the Park North neighborhood based on urban renewal; for urban renewal partners and luxury buyers.
• Four&Five Ramat Hasharon (land investment) Approximately 65-dunam land investment opportunity in Ramat Hasharon planned for future luxury residences and offices, positioned as a natural bridge to Tel Aviv with significant appreciation potential; for land investors and partner developers.
• Hod Hasharon West (land investment reserves) Approximately 227-dunam land reserves in Hod Hasharon West and East, acquired as future land reserves for the eastern Tel Aviv metropolitan area; for land investors and partner developers.
• The Northern Quarter Herzliya (land investment) Luxury residential land investment opportunity in Herzliya's Northern Quarter, representing significant land reserves for investment in a prime location; for land investors and partner developers.
• Hamsila Herzliya (luxury residential) Luxury residential project in Herzliya at the intersection of Hamsila and Nof Yam, designed by architect Michael Azoulay, with 7 buildings and 54 residential units on the Tel Aviv-Herzliya coastline; for premium coastal Tel Aviv-Herzliya buyers.
• Rainbow Hub (Sde Dov business district) Innovative business campus in the Sde Dov district of Tel Aviv offering offices for sale and premium commercial spaces, designed as a next-generation business ecosystem with light rail connectivity; for commercial and office buyers.
• Beit Hanaara Hod Hasharon (luxury residential) Terraced-style residential project in the Kfar HaHes neighborhood of Hod Hasharon developed with Yosi Avrahami, combining luxury residences in a nature-urban setting near parks and educational institutions; for Hod Hasharon luxury buyers.
• WEM London (international residential) International luxury residential project in London, UK — Israel Canada's first international development outside Israel.
• Israel Canada Hotels (hotel ownership and operation) Israel Canada's hotel ownership and operation subsidiary developing and managing hotel properties in Israel (two Northern Israel hotels acquired for NIS 142 million) and Germany (partnership with Brown Hotels to acquire 6 hotels for approximately EUR 66 million); managed directly or through operators.
• Israel Canada Supportive Housing (senior living) Israel Canada's senior living subsidiary developing and operating supportive housing communities with comprehensive care services for elderly residents; secured with a NIS 100 million investment from Amitim pension fund.
• City Hall Property Management Service Wholly-owned property management arm of Israel Canada that manages all residential community services, amenities, and concierge functions via a dedicated application, offering residents facility booking, wellness programs, and lifestyle services.
• ICR Urban Renewal Projects (Israel Canada Ramat subsidiary) ICR (Israel Canada Ramat) wholly-owned subsidiary operating the company's urban renewal program, including projects such as Ganei Herzliya, Hamesila in Herzliya, Emek Hachulam, Park North, Lev Bavli, Brodetsky, Pastoral, Eve, and Air Givatayim; develops demolition and reconstruction partnerships with existing residents.

Quantifiable outcome

• Over 275 apartments sold out of 480 units in the Rainbow project as of 2026, reflecting strong demand absorption.
• +3 more outcomes

Named customers8 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature4 records

Partnerships

Six partnerships are on record, tiered major, core and minor.

• Competition Authority (רשות התחרות)majorOthers · 1 April 2026The Competition Authority granted regulatory approval for the NIS 10 billion merger between Israel Canada and Acro, a major milestone enabling the creation of one of Israel's largest real estate companies.
• B.S.R Group (Bassac)coreStrategic or Co-development Partner · 1 April 2025Israel Canada and B.S.R Group announced a major joint development plan for the Ramat Gan Stock Exchange area. This is described as one of the largest urban transformation projects in Israel, with the combined entity planning a comprehensive redevelopment of the area.
• Check Point Software TechnologiesmajorStrategic or Co-development Partner · 1 April 2025Check Point and Israel Canada jointly acquired land in Tel Aviv for over NIS 800 million to develop residential and office units. This landmark partnership combines Check Point's financial strength with Israel Canada's real estate development expertise.
• Brown HotelscoreStrategic or Co-development Partner · 1 February 2025Brown Hotels operates as Israel Canada Hotels' hospitality management partner. The companies co-hosted the 2025 Israel Canada Hotels Investor Conference. Brown is expanding internationally with Israel Canada, acquiring 6 hotels in Germany for approximately EUR 66 million in 2026. Brown manages hotel operations, marketing, and guest services for Israel Canada Hotels' property portfolio.
• Ashtrom GroupcoreStrategic or Co-development Partner · 1 January 2024Ashtrom Group serves as the main contractor for the Rainbow project in Sde Dov. Ashtrom is one of Israel's leading construction and engineering companies, ensuring high construction standards, quality execution, and adherence to timelines for the flagship Rainbow development.
• Gordon Gallery (גלריה גורדון)minorGTM or Marketing Partner · 1 January 2024Gordon Gallery curates an exclusive series of 8 sculptures by artist Sasha Sarver for the Rainbow project. The sculptures, standing over 3 meters tall, provide an artistic and cultural dimension to the residential complex, enhancing its lifestyle positioning and community appeal.

Scale indicators20 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Toll Brothers: Toll Brothers is a leading US luxury homebuilder developing premium residential properties across the United States. While operating in a different geography, it represents a global benchmark for luxury residential development strategy, resort-style amenities, and high-net-worth buyer targeting.

Direct peers

• Amot Investments: Amot Investments is an Israeli real estate investment trust specializing in income-producing office, retail, and industrial properties in Israel. It represents a comparable Israeli real estate platform serving institutional and high-net-worth investors in commercial real estate markets.
• Shikun & Binui: Shikun & Binui is Israel's largest construction and real estate company, developing residential, commercial, and infrastructure projects domestically and internationally. They compete with Israel Canada in the Israeli luxury residential market and have similar scale and public market presence.
• Property & Building Corporation (PBC): Property & Building Corporation is a publicly-traded Israeli real estate company controlled by the IDB Group that develops and invests in residential, commercial, and office properties in Israel and internationally. It is a direct comparable in luxury Israeli real estate development.
• Brown Hotels: Brown Hotels is Israel Canada's hospitality management partner and co-investor in hotel acquisitions including the 6-hotel German portfolio (EUR 66M). It operates boutique hotels in Israel and internationally, making it a direct peer in Israel Canada Hotels' hospitality business.
• Melisron: Melisron is one of Israel's largest real estate companies focused on income-producing commercial properties including offices, retail centers, and logistics. While more focused on commercial real estate, it competes with Israel Canada in the Israeli prime office and commercial development market.
• Africa Israel Investments: Africa Israel Investments is a major Israeli holding company with significant real estate operations including luxury residential development, commercial properties, and hotel investments. It competes directly with Israel Canada in Israeli prime market real estate and hospitality.
• Ashtrom Group: Ashtrom is one of Israel's leading construction and engineering companies that serves as Israel Canada's main contractor on the Rainbow project. It operates across real estate development, construction, and infrastructure in Israel, making it a directly comparable Israeli real estate and construction company.
• Acro Real Estate: Acro is an Israeli real estate developer that Israel Canada is acquiring in a NIS 10 billion merger. Both companies develop luxury residential, commercial, and office properties in Israel's prime markets with similar product positioning, customer segments (high-net-worth buyers), and land banking strategies.

Others

• Amitim Pension Fund: Amitim is an Israeli pension fund that invested NIS 100 million in Israel Canada's senior living subsidiary. While a financial partner rather than direct competitor, it represents a key institutional capital source for Israeli real estate and senior housing development, comparable to other Israeli institutional real estate investors.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/Israel.Canada.Group
• LinkedInlinkedin.com/company/israel-canada-real-estate
• Instagraminstagram.com/israelcanadagroup

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries4 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments4 records

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

Frequently asked questions about Israel Canada