# Azrieli Group

> Azrieli Group, the TASE-listed owner of the Palace senior-housing chain, holds Central lot 2104, won on 19 February 2025 for ₪595.2M including development through Palace Ra'anana Senior Housing Ltd. It is building Palace

Canonical: https://shavnu.com/he/developers/azrieli

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## About

Azrieli Group, the TASE-listed owner of the Palace senior-housing chain, holds Central lot 2104, won on 19 February 2025 for ₪595.2M including development through Palace Ra'anana Senior Housing Ltd. It is building Palace Sde Dov there: about 320 senior apartments, a 12-bed nursing ward and about 1,200 sqm of retail in two 20-storey towers over a 6-storey base, designed by Brand Architects. The design plan was approved on 18 February 2026 and the company expects completion in 2030 at a cost of ₪1.2B to ₪1.3B including land. No Sde Dov deposit price list has been published.

## Projects in Sde Dov

- **Palace Sde Dov** (lot 2104, 320 homes)

## Tender history

- Won Central lot 2104 (tender 270/2024) for ₪595.2M including development, 19 February 2025
- Applied for monitoring-well drilling on the site, September 2025
- Design plan for Palace Sde Dov approved, 18 February 2026


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Source: https://shavnu.com/he/developers/azrieli ב-Shavnu, מדריך עצמאי בעברית ל
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