CREATING REAL VALUE
IN PROPERTY AND PLACES

Clal Group is the owner of 3,700 dunam of private land located in the municipality of Nesher in Northern Israel. The rezoning plan allows the construction on 2,529 dunams of 5,000 residential units and 280,000 sqm of commercial and office space.

The plan includes construction phases so that Phase A which is owned by Clal Real Estate will include about 2,000 housing units and about 90,000 sqm of commercial and office space, and Phase B which is owned by Clal Industries subsidiary, Nesher Cement Enterprises, will include an additional 3,000 housing units and about 190,000 sqm of commercial and office space.