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PromoteursLevinshtein Group

Levinshtein Group

לוינשטין

Le groupe Levinshtein, coté sous le nom Meshulam Levinstein Engineering and Contracting, est l'un des trois partenaires à parts égales de ZOHI, 230 logements sur le lot Eshkol 110 achetés avec Allied (Metropolis) et Mivne pour 634 M₪ plus 26 M₪ de développement en août 2021. ZOHI a ouvert ses préventes en janvier 2026 et comptait 63 contrats signés au 30 juin 2026, dont 12 au deuxième trimestre à une moyenne de 60 055 ₪/m². L'appel d'offres de février 2025, environ 35 % sous les prix de 2021, a forcé le groupe à déprécier son terrain de Sde Dov.

La société

Raison sociale
Meshulam Levinstein Contracting & Engineering Ltd. משולם לוינשטין הנדסה וקבלנות בע"מ
Fondée en
1945, by Meshulam Levinstein. Listed since 1982.
Fondateurs
Meshulam Levinstein
Siège
Levinstein Tower, 23 Menachem Begin Road, Tel Aviv
Cotée
TASE: LEVI
Actionnariat
Shaul Lotan has been chief executive and controlling shareholder since 1982.
Taille
Market capitalisation around ₪1.99B.
Ailleurs
  • Levinstein Tower and Discount Tower, Tel Aviv (company site)
  • LEVINTECH, Kfar Saba (company site)
  • Levinstein Clal and Lev HaCity, Beer Sheva (company site)
  • The Schechterman data centre, Netanya (company site)
  • Atrium, Modiin, and Oya Business Center, Yehud (company site)
  • Housing developments in Israel and several thousand homes in Eastern Europe (company site)

Ce qu'un acheteur étranger doit savoir

Of the three ZOHI partners this is the one whose Sde Dov exposure has already shown up in its accounts, and the write-down is reported only in Hebrew.

Ce qu'elle a payé, et pour quoi

Chaque acquisition enregistrée dans le quartier, avec sa source.

Timeline

Au dossier public

Des faits publiés qu'un acheteur voudra connaître avant de signer, chacun sourcé.

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.

Là où les sources divergent

Des chiffres publiés qui ne concordent pas. Les deux lectures sont données.

What did ZOHI sell for per sqm in the first quarter of 2026?

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.

Projets

Dans la presse

  • Bizportal
    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.

Sources

Tout ce qui figure sur cette page vient de l'une d'elles.

Se renseigner sur les projets de Levinshtein Group

Nous répondons par e-mail, en toute indépendance, avec des faits sourcés sur le terrain.