NEWERA is a leading real estate development company with high competence and wide experience in urban renewal projects. The company, which was established in 2008, originally started its activity in Europe and has expanded its operations in Israel in recent years. NEWERA specializes in urban renewal projects, including evacuation of current tenants and land clearing and further development (Pinui-Binui) as well as TAMA 38 projects. Currently the company manages a broad portfolio of over 20 different projects across Israel. Excellence and Proven Success NEWERA customers benefit from full transparency throughout all project stages, from the concept design to building completion and delivery of apartments to owners. The company promote its projects taking into consideration aspects like: the environment, engineering complexity, planning and the regulatory constraints, and deep attention to the target population needs and the area’s future plans. NEWERA has first-class management and planning capabilities, and a proven success in locating attractive real estate opportunities. The combination of longstanding experience in development of mega-projects abroad, with the company’s professional excellence, creates its unique strength, and leads to its excellent reputation. Urban Renewal – Social Impact NEWERA sees urban renewal as a field with a viable social impact, where young populations from other socio-economic sectors entering the area by buying apartments in new residential projects, thus upgrading the whole neighborhood. This population change the location’s social texture and cultivate communities, to the benefit of all its residents. At the end of the process, the native tenants receives a bigger apartment, new and advanced infrastructures, a renewed and newly designed building together with a significant increase in the value of their property, without any financial investment on their part.
