Past co-owner dispute put a Herzliya plot into receivership
In 2018 a dispute between the Gindi brothers and a co-owner of a 5-dunam plot in west Herzliya HaYeruka led to receivership proceedings; the plot was sold to Yossi Avrahami.
PromotorasChen & Itay Gindi
Chen & Itay Gindi
חן ואיתי גינדי
Chen & Itay Gindi es una promotora privada fundada en 1998 por los hermanos Chen e Itai Gindi, una empresa distinta de Gindi Holdings. Un grupo de empresarios organizado bajo su liderazgo ganó la parcela Norte 3107 en primera línea de mar el 26 de marzo de 2025 por ₪208,8 millones más ₪15,5 millones de desarrollo, con la mayoría de las 82 viviendas pertenecientes a la empresa para su venta en el mercado libre. La empresa comercializa la parcela como «Gindi Sde Dov, próximamente»: dos edificios de 9 plantas con 82 viviendas diseñadas por Moshe Tzur Architects, en fase de diseño, con lista de espera y sin precios publicados.
La empresa
- Fundada en
- 1998 (Globes, December 2021)
- Fundadores
- Brothers Chen and Itai Gindi
- Sede
- HaHoshlim 5, Building B, Herzliya Pituach (company site)
- Cotiza
- Empresa privada, no cotiza en bolsa
- Propiedad
- Private, owned by the brothers Chen and Itai Gindi. A separate branch of the Gindi family from Gindi Holdings (Yigal Gindi's children) and Gindi Investments (Moshe Gindi's children) (Globes, December 2021).
- Tamaño
- Company-stated: more than 25 years of activity in housing, offices, hotels, retail and urban renewal. Globes reported land deals of more than ₪500M in the year to December 2021, much of it with Rami Shabiro and Tidhar.
- En otros lugares
- Einstein 2-4-6-8, Tel Aviv, with Rami Shabiro, on Gush HaGadol land next to Sde Dov (company site)
- Gindi Liv, Ganei Tikva (company site)
- Calla, Tel Aviv (company site)
- THE REEF, Park HaYam, Netanya: the first of three towers (aggregator, 2026)
- TWENTY ONE, Florentin, Tel Aviv: 87 small homes, architect Gidi Bar Orian (Globes, December 2021)
- Kfar Yona land bought with Tidhar for ₪118M (Globes, December 2021)
- No confundir con
- Not Gindi Holdings (GINDI VOGUE, lots 2206 and 2255, won by Gindi Israel 2010). The August 2026 sale of commercial and office space in 'Gindi Sde Dov' to REIT 1 for about ₪400M concerns Gindi Holdings' VOGUE, not this company. Its 92-unit Einstein Street project with Rami Shabiro is on Gush HaGadol land adjacent to Sde Dov, not on a Sde Dov complex lot. The March 2025 losing bid for lot 104 is by Chen & Itai Gindi, not Gindi Holdings. Project TLV lists the group's lot as 3104; the tender results give 3107.
Lo que debe saber un comprador extranjero
The English page, 'Gindi Sde Dov, coming soon', offers a waiting list but omits the unit count, building heights and architect that the Hebrew page gives. No prices, plans or delivery date are published in either language (September 2026).
Cuánto pagó, y por qué
Cada adquisición registrada en el distrito, con su fuente.
- ILA tender 267/2024 (North, market-rate housing)2025-03-26lot 310782 viviendas₪224.3M
₪208,818,818 land plus ₪15,489,281 development (WizBid); Nadlan Center, Ynet and Calcalist: about ₪224M. 33 bids. The formal winner is a 'list of bidders' (purchase group) led by the company.
- WizBid (aggregates Israel Land Authority results): tender 267/2024, Sde Dov North, lot-by-lot winners, bids and plan lot numbers2026-09
- Nadlan Center: Sde Dov North tender results (2,744 units)2025-03-26
- Globes: land for 2,700 more units sold in Sde Dov2025-03-26
- Sde Dov district news site: the big North tender closed2025-03-27
- Calcalist: business partners join Chen & Itai Gindi on a seafront lot; bid ranked fourth2025-03-27
Timeline
- Led the purchase group that won North lot 3107, 82 units, ILA tender 267/2024 closed 26 March 2025: ₪208.8M land plus ₪15.5M development; 33 bids for the lot, the highest ₪236.2M
- Its bid ranked fourth for the lot and won because higher bidders who had won other lots were struck out under the one-lot rule; most of the homes belong to the company and will be sold on the open market (Calcalist, 27 March 2025)
- Named the project 'Gindi Sde Dov, coming soon' on its site on 8 April 2025: two 9-storey buildings, 82 homes, Moshe Tzur Architects, in planning, waiting list
- No design plan approval reported as of 28 September 2026
- Appealed the Central district plan together with Rami Shabiro; appeal rejected, February 2025
- Bid for private Eshkol lot 104 and lost to Dan Real Estate, March 2025
En el registro público
Hechos publicados que un comprador querrá conocer antes de firmar, cada uno con su fuente.
Bat Yam hotel plan cancelled
In January 2024 the Tel Aviv district planning committee cancelled a plan by the Shabiro group and Chen & Itai Gindi for a 20-storey hotel with 220 rooms and 60 homes near the Bat Yam shoreline, ruling that it harmed the coastline.
Donde las fuentes discrepan
Cifras publicadas que no coinciden. Se dan ambas lecturas.
Which lot did the Gindi-led group win?
- Lot 3107
- Lot 3107 in block 6896
- Lot 3107, 82 homes, Moshe Tzur Architects
- Lot 3104
Three sources, including the tender results, give 3107; Project TLV's 3104 is the outlier.
What did the group pay, and for how many homes?
- ₪208.8M land plus ₪15.5M development, about ₪224M, for 82 homes
- About ₪244M including development, for 82 homes
- ₪224M including development, for a lot of 62 homes
Globes' ₪244M and Calcalist's first-night '62 homes' look like slips; the tender results and Calcalist's next-day article give 82 homes and about ₪224M.
Proyectos
Fuentes
Todo lo que hay en esta página procede de alguna de ellas.
- Chen & Itay Gindi (company page): 'Gindi Sde Dov, coming soon', 82 units, two 9-storey buildings, Moshe Tzur Architects, in planning, waiting list2026-09-28
- Chen & Itay Gindi (company page, English): 'Gindi Sde Dov, coming soon', in planning, waiting list (no units or architect)2025-06-10
- Chen & Itay Gindi (company site): home page, more than 25 years, selected projects2026-09
Preguntar por los proyectos de Chen & Itay Gindi
Respondemos por correo, de forma independiente, con datos del terreno y su fuente.