Electra’s entrepreneurial division extends to turnkey property development projects in Israel and Eastern Europe
Turnkey Property Development Investments - Taking Concept to Completion, Laying Cornerstones for Realty Development
If turnkey construction and infrastructure projects lay the solid foundation of Electra’s business, and facility management and related service contracts are the nuts & bolts for longterm revenue generation, realty development projects comprise the building blocks for future growth and diversity.
Electra has made some interesting forays into this potentially rewarding segment over the past few years – both in Israel and in emerging European markets that have shown signs of profit potential.
Identifying opportunities in Israel and abroad is conducted through the auspices of Electra Investments, a Group subsidiary with a pure-play focus on facilitating high-yield, local and international property development projects.
The company is involved in numerous and diversified projects that bring out its superior abilities in locating real estate opportunities, in selecting appropriate business partners, in leading design processes and above all – in flawless construction and focused and efficient marketing.
Electra Investments is partnering in Israel in the establishment of projects such as the unique Elco International Tower-Tel Aviv, tailored to serving the needs of multi-national corporations; an ambitious urban renewal project in the Neve Sharett section of the city; and several initiatives in Eastern Europe, including an office tower, a prestigious residential quarter and an innovative residential district in the Bulgarian seaport of Varna; a turnkey construction project in St. Petersburg; and projects in various stages of development in Lithuania, Latvia and other countries.