Levinshtein Group, cotizada como Meshulam Levinstein Engineering and Contracting, es uno de los tres socios a partes iguales de ZOHI, 230 viviendas en la parcela Eshkol 110 compradas con Allied (Metropolis) y Mivne por ₪634 millones más ₪26 millones de desarrollo en agosto de 2021. ZOHI abrió preventas en enero de 2026 y tenía 63 contratos firmados al 30 de junio de 2026, 12 de ellos en el segundo trimestre a una media de ₪60.055 por m². La ronda de licitaciones de febrero de 2025, unos 35 % por debajo de los precios de 2021, obligó al grupo a depreciar su suelo en Sde Dov.
Meshulam Levinstein, Allied and Mivne won lot 110 for ₪634M plus ₪26M development, August 2021
Design plans approved for lot 110 (with Allied/Metropolis and Mivne), August 2024
ZOHI pre-sales launched January 2026 at 20 per cent on signing and the balance on occupancy, expected in the second half of 2030
63 ZOHI contracts signed by 30 June 2026
En el registro público
Hechos publicados que un comprador querrá conocer antes de firmar, cada uno con su fuente.
Sde Dov land write-downs halved the group's net profit
After the February 2025 tender round cleared about 35 per cent below 2021 prices, the subsidiary Levinstein Properties wrote its Sde Dov land down by a further ₪24.4M, on top of a ₪10M write-down taken in 2022. Calcalist reported that this halved Levinstein Engineering's net profit, to around ₪31M. The same subsidiary is being delisted from trading, and management fees paid to it were raised by 49 per cent, which is the kind of related-party detail a governance-minded buyer would want to know.
ZOHI's prices are quoted net of deferred-payment terms
ZOHI launched with 20 per cent payable on signing and the rest on occupancy, and a later campaign offered studios and two-room homes from ₪2.48M on 20/80 terms with no index linkage. Levinstein's own reports say the average price per sqm is shown after deducting a significant financing component. Globes calculated that component at about 6 per cent: ₪64,700 per sqm including VAT in the first quarter of 2026 becomes ₪60,900 net of financing.
Both are Globes readings of the partners' reports, three months apart. The difference is probably one of basis (VAT and financing adjustments, or which partner's report); neither article states the basis of the other figure.
Listed Sde Dov prices hold at ₪75,000 to ₪85,000 per sqm, but financing offers hide a discount
Bizportal: developers' first-quarter 2026 filings show a slowing sales pace and financing offers worth a hidden 6 to 8% off the listed price. Israel Canada reported an average of about ₪85,700 per sqm including VAT. ZOHI reported a headline average of ₪64,700 per sqm, which falls to about ₪60,900 once the financing discount is taken out.
District records
Three developers launch Zohi Tel Aviv (Levinshtein, Metropolis/Allied, Mivne)
The 230-unit low-rise project on Eshkol lot 110 goes to market, the district's deliberately shorter skyline.
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