# Shikun & Binui

> Shikun & Binui, a Tel Aviv-listed contractor and developer controlled by Natti Sidoff, holds two Eshkol long-term rental lots through the government Dira LeHaskir programme: 324 homes on lot 109, bought for about ₪830M i

Canonical: https://shavnu.com/he/developers/shikun-binui

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## About

Shikun & Binui, a Tel Aviv-listed contractor and developer controlled by Natti Sidoff, holds two Eshkol long-term rental lots through the government Dira LeHaskir programme: 324 homes on lot 109, bought for about ₪830M in 2021, and 511 on lot 106, bought for about ₪1.18B in April 2022. Lot 109 received a full building permit in December 2025 and is due for completion in September 2028; lot 106's design plan was approved on 10 September 2025. After writing the two projects down by more than ₪1.3B, the company agreed in principle in February 2026 to merge them into a listed shell at about ₪270M. It also won North lot 3203, 185 homes for sale, for ₪315.7M in March 2025, which has no public name or marketing.

## Projects in Sde Dov

No consumer-facing project on the field is recorded for this developer.

## Tender history

- Won lot 109, 324 long-term rental homes (Dira LeHaskir), for about ₪830M including development, 2021
- Won lot 106, 511 long-term rental homes (Dira LeHaskir), for about ₪1.176B including development, 10 April 2022
- Raised about ₪1B of financing for lot 106 from Menora, Migdal and Bank Hapoalim, July 2022
- Won North lot 3203 (185 homes) alone, 26 March 2025
- Lot 106 design plan approved, 10 September 2025
- Full building permit for lot 109, December 2025; completion expected September 2028
- Memorandum to merge Shikun REIT into the listed shell Continual at about ₪270M, February 2026; tax ruling April 2026; no binding agreement as of 22 July 2026


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Source: https://shavnu.com/he/developers/shikun-binui ב-Shavnu, מדריך עצמאי בעברית ל
רובע שדה דב בתל אביב. הנתונים מגיעים מהתיק הציבורי: דיווחי רשות המסים
של ישראל, GIS של תל אביב, מכרזים והעיתונות העברית.