Zemach Hammerman Ltd.

Established in 1997, Zemach Hammerman Ltd. is a prominent real estate development and construction firm in Israel, recognized for its high-quality residential, commercial, and office projects. The company operates as a private investment firm, focusing on large-scale developments and urban renewal initiatives across the country. Its portfolio includes both budget-friendly and luxury residential units, as well as commercial and industrial spaces, catering to diverse market needs.

The firm's investment strategy emphasizes comprehensive project execution, offering 'Turn-Key' services that encompass all stages from design to completion. This approach ensures seamless integration and high standards in construction. Additionally, Zemach Hammerman has been actively involved in urban renewal projects, revitalizing high-demand areas and contributing to the modernization of urban landscapes.

In August 2024, Azrieli Group acquired a 67% stake in Zemach Hammerman, valuing the company at approximately 873 million shekels. This strategic acquisition marked Azrieli's expansion into residential development, complementing its existing portfolio of income-producing properties. The partnership aims to leverage Zemach Hammerman's expertise in construction and development to enhance residential offerings in Israel.