Engel House
Tel Aviv, 4,985 sqm
The income-producing division is a well-established department that has amassed considerable experience in identifying high-potential properties, improving them, and converting them into rental properties such as hotels, commercial centers, housing developments, and retirement homes.
In 2016, the Gabay Group acquired control of Engel Resources & Development Ltd., which became known as Gabay Properties and Development Ltd. This division focuses on income-producing property in residential construction, primarily in Israel.
Under the ownership of the Gabay Group, the income-producing division strategically decreased its activity abroad in order to focus on the Israeli real estate market, specifically large-scale “Vacate & Build” projects, and on improving and developing income-producing real estate in high-demand areas.
The division also deals with rental properties, including the initiation, management, maintenance and leasing of office, commercial, industrial and residential buildings.
Arad
Residential cluster in Arad, 6,230 sqm
Carmiel
Two industrial buildings and additional building rights in Carmiel, 12,652 sqm
Ashdar Center
Tel Aviv, 2,109 sqm
Or Akiva
2 industrial buildings in Or Akiva, 5,357 sqm
Lido Beach, Ashdod
Residential, hotel, and leisure project in Ashdod that includes 5-star luxury hotel suites and guest rooms
Orninburg
Asset in Orninburg, Germany, 7,670 sqm
Afula
Residential cluster in Afula, 8,222 sqm
Gabay House, Ashkelon
5,500 sqm leased to government ministries, in addition to the ground level that was leased to Bank Mizrahi-Tefahot
Ramat Ilan Commercial Center, Giva’at Shmuel
4,500 sqm of offices and commercial center, located next to Bar Ilan University
Gabay TLV, Tel Aviv
About 1,600 sqm of trade and business areas
Ha’nasy center, Rehovot
About 5,500 sqm of commercial center in Weizmann center, Rehovot
Yehuda Maccabi, Tel Aviv
About 300 sqm in Yehuda Maccabi St., Emmanuelle 2 St., in the old north of Tel Aviv
Assisted living in the name of Fannie Gabay (R.I.P)
The project is expected to include some 200 assisted living apartments for seniors
“HOD”, Hod Hasharon
About 700 sqm of commercial center
Gabay in Psagot Afek, Rosh HaAyin
About 500 sqm of commercial center
