Levinstein Properties
Levinstein Properties is a publicly listed Israeli engineering, construction and real estate corporation (founded 1945) developing residential units, income-producing office towers, urban renewal projects and a Netanya data center, serving home buyers, tech tenants and institutional occupiers in Israel.
- Company typePrivate
- Founded1945
- HeadquartersTel Aviv, Israel
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
What Levinstein Properties does
Levinstein Properties (legal name: Meshulam Levinstein Engineering and Contracting Ltd. (משולם לוינשטין הנדסה וקבלנות בע"מ)) is a publicly listed Israeli engineering, construction and real estate corporation founded in 1945 and headquartered at 23 Derech Menachem Begin, Tel Aviv. The group operates across three integrated business lines: residential development (urban renewal under the InTheCity (אין דה סיטי) platform plus greenfield projects such as SYMBOL in Givat Shmuel and Antigonus 11-13 in Tel Aviv), income-producing commercial property (Levinstein Tower, Discount Tower, LEVINTECH in Kfar Saba, Levinstein-Clal in Beer Sheva, Atrium Modi'in), and a newly entered data-center vertical anchored by Project ALPHA in Netanya with 16 MW of capacity. In 2010 the group spun off Levinstein Assets Ltd. (לוינשטין נכסים בע"מ), a publicly listed subsidiary focused on income-producing real estate that manages a portfolio valued at over 75 billion ILS.
Revenue is generated from three streams: one-time residential unit sales recognised on completion, recurring rental income from long-term office, retail and hospitality leases, and professional services revenue from construction contracting. Notable tenant logos include Discount Bank (anchor of Discount Tower), Google Israel, SimilarWeb, Playtika, Guardicore, 888 Holdings, Moon Active, Deep Instinct, and the Be'er Sheva Municipality. The GTM motion is sales-led and project-site-driven — model apartments and physical sales offices, a national call centre (*5115), and a dedicated InTheCity platform for urban-renewal lead capture.
The group is co-owned by the Lotan family. Recent material strategic moves include JV entry into data centers (50% stake sale to an international operator at 43.75M ILS), a JV with Clal Insurance for the 260M ILS Levinstein-Clal Beer Sheva complex, and continued urban-renewal pipeline build-out spanning Tel Aviv, Ramat Gan, Herzliya and Givat Shmuel with 6,155 units in various stages.
Levinstein Properties firmographics
Firmographics- Name
- Levinstein Properties
- Legal name
- Meshulam Levinstein Engineering and Contracting Ltd. (משולם לוינשטין הנדסה וקבלנות בע"מ)
- Website
- https://levinstein.co.il
- Company type
- Private
- Founded year
- 1945
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Levinstein Properties is a publicly listed Israeli engineering, construction and real estate corporation (founded 1945) developing residential units, income-producing office towers, urban renewal projects and a Netanya data center, serving home buyers, tech tenants and institutional occupiers in Israel.
- Ownership category
- akta.pro rank
Levinstein Properties industry classification
Industry- Product category
- Real Estate Development
- NAICS
- New Housing For-Sale Builders (236117), Real Estate Property Managers (53131), Lessors of Residential Buildings and Dwellings (531110), Residential Remodelers (236118)
- SIC
- Operative Builders (1531), Real Estate Dealers (For Their Own Account) (6532), Operators Of Apartment Buildings (6513), Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Spec Home / Production Homebuilding (Tract & Volume Builders) (IMAFABAD)
- akta.pro secondary industries
- Healthcare & Senior Housing Real Estate Asset Management (BPAJAMAH), Multifamily Apartment Property Management (BPAJAFAA)
Keywords
Where Levinstein Properties is headquartered
LocationHeadquarters
- HQ city
- Tel Aviv
- HQ country
- Israel
- HQ region
- Middle East
Offices13 records
Markets served
Levinstein Properties business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales
Revenue model
- Residential Property Sales: Development and sale of residential units including apartments, garden apartments, and penthouses in various cities across Israel. Revenue recognized upon completion and handover to buyers.
- Commercial Office Rental: Rental income from office buildings and complexes. Includes towers, boutique office buildings, and tech park properties. Revenue recognized on recurring basis from tenant leases.
- Income-Producing Properties: Levinstein Assets subsidiary manages portfolio of income-producing real estate including retail, hospitality, industrial, and mixed-use properties. Revenue from long-term leases and occupancy.
- Contracting Services: Construction contracting services for own developments and joint ventures. Fixed-price contracts for project execution.
- Data Center Operations: Development and operation of data center facilities. JV with international operator for 50% stake. Revenue from colocation and hosting services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Multi-year contract | Residential units - various sizes |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels8 records
Levinstein Properties product offering
Product offeringCore offering
Levinstein Properties is an Israeli publicly traded real estate, engineering and construction corporation that develops and sells residential units (apartments, garden apartments, penthouses) and develops, leases and manages a portfolio of income-producing commercial properties including office towers, boutique business complexes, retail centers, industrial assets and an advanced hyperscale data center. The group also performs in-house contracting and construction execution for its own developments and joint-venture projects, and runs a dedicated urban renewal division managing over 6,155 housing units under TAMA 38/2 and pinui-binui initiatives.
Product overview
Levinstein Properties (קבוצת משולם לוינשטין) is a publicly traded Israeli engineering, construction, and real estate corporation founded in 1945 with over 75 years of experience. The company operates through multiple sub-brands and a listed subsidiary: Levinstein Assets (לוינשטין נכסים) handles income-producing commercial properties, while InTheCity manages urban renewal projects. The core portfolio includes residential development (SYMBOL, Bloch 22, Antigonus), commercial office towers (Levinstein Tower, Discount Tower, LEVINTECH), data centers (Project ALPHA), and mixed-use complexes. The company also maintains a pipeline of urban renewal projects exceeding 6,155 units across Israel's major metropolitan areas.
Differentiator
Problem solved
Functional benefit
Brands
- In The City (אין דה סיטי): Urban renewal division of Levinstein Group promoting evacuation-build (pinui-binui) and Tama 38/2 projects, managing over 6,155 units across various renewal projects.
- LEVINTECH
Products and services
- SYMBOL (Givat Shmuel residential project) Residential housing development in Givat Shmuel offering housing units to Israeli home buyers.
- Bloch 22 (Tel Aviv urban renewal) Boutique urban renewal residential project in Tel Aviv featuring apartments with a designed lobby and high-end specifications including electric shutters and imported kitchens.
- Antigonus 11-13 (Tel Aviv urban renewal) Tel Aviv urban renewal project replacing two old buildings with two new boutique 8-floor buildings containing 44 residential units.
- Zichron Yaakov 16 / Levinstein at Kadima HaMedina (Tel Aviv) Limited edition boutique residential building of 7 floors in Tel Aviv near Kikar HaMedina offering 2-5 room apartments, garden apartments, and penthouses.
- Levinstein Tower (Tel Aviv office tower) 31-story office tower and flagship income-producing commercial property in Tel Aviv, managed by Ariel Group.
- Discount Tower (Levinstein Discount, Tel Aviv) 31-story prestigious office tower in Tel Aviv at the intersection of Yehuda Halevi and Herzel streets, housing Discount Bank headquarters, foreign embassies and law firms, with a three-story lobby including restaurant and cafe.
- LEVINTECH (Kfar Saba HaYeruka) Boutique business and commercial complex in Kfar Saba HaYeruka with 6 floors of offices above ground-floor retail, approximately 9,000 sqm of office space and underground parking; designed by Barzilai-Levy Kisif with personal architectural accompaniment for tenant customization. Tenants include Google Israel, SimilarWeb, Playtika, Guardicore, 888 Holdings, Moon Active, Deep Instinct, and Tiv Ta'am.
- Levinstein Clal (Beer Sheva) 19-story office tower in Beer Sheva city center developed in joint venture with Clal Insurance, featuring retail space and a 5-floor parking garage; project value estimated at 260 million shekels.
- Project ALPHA — Netanya Data Center (Schecterman) Advanced data center on a 20,000 sqm (Phase 1) campus in Netanya with 16+ MW capacity and fiber-rich connectivity, designed for hyperscalers and enterprises. Developed in joint venture with a leading international data center operator (50% land stake sale for 43.75 million shekels).
- Atrium Modi'in 5-story office and commercial building in Modi'in with 165 parking spaces, 8,000 sqm of office space, retail floor with cafe and restaurant; owned jointly with CPM.
- InTheCity Urban Renewal Platform Levinstein's urban renewal division managing over 6,155 housing units across pinui-binui and TAMA 38/2 projects in Tel Aviv, Ramat Gan, Herzliya, Givatayim and other cities, including Antigonus, Bloch 22, Beit Khouron (Ramat Gan), and HaNasi compound in Givat Shmuel.
- Levinstein Assets Income-Producing Real Estate Portfolio Publicly listed subsidiary (Levinstein Assets Ltd.) managing the group's portfolio of income-producing real estate — initiation, construction, rental, and management of yielding assets including retail, hospitality, industrial, and mixed-use properties. Reports over 75 billion shekels in total assets.
Quantifiable outcome
- 10x profit increase to 223.5 million shekels in 2021 vs 2020
- +2 more outcomes
Companies that use Levinstein Properties
Customer profileNamed customers12 records
Segments5 records
Ideal customer profiles4 records
Levinstein Properties technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Levinstein Properties partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- Shikun & Binui (שיכון ובינוי)coreJoint development partnership for the Tel Aviv Central Station urban renewal project. Levinstein and Shikun & Binui acquired the station area in July 2015 for 560 million shekels. The project includes 1,333 apartments and 153,000 sqm of commercial and office space. First demolition permit received for one of four complexes.
- Clal Insurance (כלל ביטוח)coreJoint venture with Clal Insurance for Levinstein Clal office complex in Beer Sheva. Project includes 19-story tower for rent and 10-story building for Beer Sheva Municipality. Project value estimated at 260 million shekels.
- International Data Center OperatorcoreAdvanced negotiations for sale of 50% land stake in Netanya data center (Project ALPHA) for 43.75 million shekels to leading international data center operator.
- CPMminorJoint ownership with CPM in Atrium Modin - 5-story office and commercial building with 8,000 sqm of office space and 165 parking spaces.
- Ariel GroupminorProperty management company managing multiple Levinstein income-producing properties including Levinstein Tower, Discount Tower, Avya, and others.
- NatamminorProperty management for Atrium Modin site, managed by Victor.
Scale indicators11 records
Recent moves10 records
Expansion highlights5 records
Levinstein Properties competitors and assessment
Company assessmentDirect peers
- Danya Cebus: Israeli construction company engaged in residential and commercial building projects. Comparable through its contracting and development activities, including urban renewal and large-scale construction projects in Israel.
- Melisron: Israeli real estate company focused on shopping centers and commercial property, including the Azrieli Center complex. Comparable through its publicly traded structure, commercial property portfolio, and long-term tenant relationships in Israel.
- Minrav Holdings: Israeli construction and real estate developer with both contracting and development operations. Comparable through its integrated approach to residential development and income-producing properties in the Israeli market.
- Property & Building Corp (PBC): Israeli real estate company with diversified holdings in income-producing properties and development projects. Comparable through its publicly traded structure and mixed portfolio of office, retail, and residential real estate in Israel.
- Alony Hetz Properties & Investments: Israeli real estate company investing in and managing income-producing properties. Comparable through its publicly traded structure and focus on commercial real estate yields in the Israeli market.
- Africa Israel Properties: Israeli real estate developer with operations spanning residential development and commercial property. Comparable through its diversified Israeli real estate portfolio and involvement in urban development projects.
- Shikun & Binui: Israeli construction and real estate company that is directly comparable as both a peer and joint venture partner with Levinstein on the Tel Aviv Central Station project. Operates the same residential development, urban renewal, and infrastructure activities in the Israeli market.
- Azrieli Group: One of Israel's largest real estate companies, comparable through its diversified portfolio of income-producing properties, retail centers (Azrieli Mall), and residential development. Competes directly for premium Israeli real estate opportunities and tenant rosters.
- Amot Investments: Israeli REIT specializing in income-producing office and industrial properties. Directly comparable to Levinstein Assets subsidiary through its portfolio of leased commercial real estate and focus on rental yield optimization in the Israeli market.
Others
- Clal Insurance (Real Estate Division): Major Israeli financial institution and existing Levinstein JV partner on the Beer Sheva Clal project. Relevant as both a capital partner and institutional real estate investor with adjacent holdings in Israeli commercial property.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Levinstein Properties social profiles
Digital presenceLevinstein Properties financial estimates
Financial estimateRevenue estimate
Valuation estimate
Levinstein Properties leadership team
Management profileNumber of profiles
Profiles5 records
Levinstein Properties subsidiaries and ownership
Company hierarchySubsidiaries1 record
Levinstein Properties funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Levinstein Properties M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Levinstein Properties
What does Levinstein Properties do?
Levinstein Properties is an Israeli publicly traded real estate, engineering and construction corporation that develops and sells residential units (apartments, garden apartments, penthouses) and develops, leases and manages a portfolio of income-producing commercial properties including office towers, boutique business complexes, retail centers, industrial assets and an advanced hyperscale data center. The group also performs in-house contracting and construction execution for its own developments and joint-venture projects, and runs a dedicated urban renewal division managing over 6,155 housing units under TAMA 38/2 and pinui-binui initiatives.
Is Levinstein Properties a public or private company?
Levinstein Properties is a private company. It is classified as public and is currently operating.
When was Levinstein Properties founded?
Levinstein Properties was founded in 1945. It employs 51 to 100 people.
Where is Levinstein Properties based?
Levinstein Properties is headquartered in Tel Aviv, Israel, in the Middle East region.
How does Levinstein Properties make money?
Five revenue lines are on record. Residential Property Sales are the primary driver. The others are commercial Office Rental, income-Producing Properties, contracting Services and data Center Operations.
Who are Levinstein Properties's main competitors?
Direct peers on record are Danya Cebus, Melisron, Minrav Holdings, Property & Building Corp (PBC), Alony Hetz Properties & Investments, Africa Israel Properties, Shikun & Binui, Azrieli Group and Amot Investments. Clal Insurance (Real Estate Division) is listed as an others.
Does Levinstein Properties have an API?
No public API is recorded for Levinstein Properties.
What industry is Levinstein Properties in?
Levinstein Properties's product category is Real Estate Development. Its primary akta.pro industry code is IMAFABAD, Spec Home / Production Homebuilding (Tract & Volume Builders), with a secondary code of BPAJAMAH, Healthcare & Senior Housing Real Estate Asset Management. Its NAICS code is 236117 and its SIC code is 1531.