BST Group E.A.W.
Israeli real estate development, construction and investment group active for over 50 years, controlled by the Tanus family.
Last updated September 28, 2026
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Overview
BST Group E.A.W. Ltd. (Hebrew: קבוצת בסט א.ע.ו בע"מ) is an Israeli real estate company founded by brothers Badie and Subhi Tanus. Its activity began in 1973, and in 2007 the group consolidated four subsidiaries — BST Construction, BST Development, BST BuildUp and BST Canada — under a single parent company, BST Group E.A.W. Ltd. The group is controlled by the Tanus family and is listed on the Tel Aviv Stock Exchange. It operates in development, construction, finishing works and income-producing real estate, with projects in Israel and abroad. The group's main activities are organized through wholly owned subsidiaries. BST Construction (founded June 1973) carries out large-scale construction projects including office buildings, residential towers, public buildings and high-tech facilities. BST Development (founded December 2011) is the group's development arm, active in large residential towers, urban renewal, shopping centers and commercial centers. BST BuildUp (founded January 2008) specializes in finishing works for luxury towers and large public and commercial projects. BST Canada manages international real estate investments, mainly in Canada, with income-producing medical centers and residential assets in the Toronto and Ottawa areas. BST England is involved in converting an office building into apartments for sale in the United Kingdom. According to the group's website, BST has over 50 years of experience in construction, with 10,000 housing units occupied, 1,000 projects completed and delivered, 25 projects under construction, and 10,000,000 square meters built. It also reports 750,000 square meters of finishing works, 200 projects executed, 160 clients, 15 years of international experience, 415 housing units owned, 385 housing units under development, 315,000 sq. ft of commercial real estate owned, 190,000 sq. ft of commercial real estate under development, and 250,000 square meters of commercial real estate. In urban renewal, the group reports 50 years of experience, 7,500 housing units in planning, 1,250 housing units under construction, 1,000 families joined, and 25 projects in planning. The group has formed partnerships with Israeli institutional investors. In November 2020, Menora Mivtachim and BST signed a partnership agreement to initiate and develop real estate. In March 2022, The Phoenix insurance company acquired 20% ownership in the company for an investment of about 220 million shekels, at a valuation of 1.1 billion shekels after the money. In June 2026, the company's securities were listed for trading on the Tel Aviv Stock Exchange, and the company became public, raising 400 million shekels at a valuation of about 3 billion shekels after the money. The group has a turnover of about 600 million shekels and an order backlog of about 1 billion shekels. BST Group is positioned as one of Israel's leading companies in its field, operating in development, construction, finishing and income-producing assets. Its project portfolio includes residential neighborhoods, urban renewal, business districts, mixed-use complexes, public buildings, hotels, logistics centers, commercial and medical centers. Notable projects mentioned on its website include Me'arava in Rehovot, BSTowers in Petah Tikva, Lilian 10 and Antokolsky 6 in Tel Aviv, VIEW in Nazareth, PRIME in Nof HaGalil, CREATE in Kiryat Ata, Havatzelet HaSharon in Netanya, and Rembrandt 30 in Tel Aviv.
History
BST Group E.A.W. Ltd. traces its origins to June 1973, when brothers Badie and Subhi Tanus founded B.S.T. Ltd. (company number 510652084). The company initially focused on construction and gradually expanded into development and real estate investment. In 2007, the group consolidated four subsidiaries — BST Construction, BST Development, BST BuildUp and BST Canada — under a single parent company, B.M.D.T. Holdings Ltd., which in August 2019 changed its name to the current BST Group E.A.W. Ltd. (company number 513946228). In 2008, the Tanus brothers split their construction businesses. Subhi Tanus founded STR, while Badie Tanus remained with BST Group. Badie Tanus is the father of the current controlling shareholders: Elias Tanus, Alaa Tanus and Wasim Tanus. In 2009, BST Ltd. won its first major tender, to build an office and laboratory building at the Weizmann Institute of Science for 60 million shekels. In 2011, BST Group won the tender to build the Azrieli Center for Business in Holon for about 185 million shekels. In November 2020, Menora Mivtachim and BST signed a partnership agreement to initiate and develop real estate. In March 2022, The Phoenix insurance company acquired 20% ownership in the company for an investment of about 220 million shekels, at a valuation of 1.1 billion shekels after the money. In June 2026, the company's securities were listed for trading on the Tel Aviv Stock Exchange, and the company became public, raising 400 million shekels at a valuation of about 3 billion shekels after the money. The group operates through wholly owned subsidiaries. BST Construction (founded June 1973) carries out large-scale construction projects including office buildings, residential towers, public buildings and high-tech facilities. BST Development (founded December 2011) is the group's development arm, active in large residential towers, urban renewal, shopping centers and commercial centers. BST BuildUp (founded January 2008) specializes in finishing works for luxury towers and large public and commercial projects. BST Canada manages international real estate investments, mainly in Canada, with income-producing medical centers and residential assets in the Toronto and Ottawa areas. BST England is involved in converting an office building into apartments for sale in the United Kingdom. The group has a turnover of about 600 million shekels and an order backlog of about 1 billion shekels. It is controlled by the Tanus family and is listed on the Tel Aviv Stock Exchange.
Brothers Badie and Subhi Tanus found B.S.T. Ltd.
Group consolidates four subsidiaries under B.M.D.T. Holdings Ltd.
BST BuildUp founded
Tanus brothers split construction businesses; Subhi founds STR
BST wins first major tender: Weizmann Institute office and laboratory building for 60 million shekels
BST wins tender to build Azrieli Center for Business in Holon for about 185 million shekels
BST Development founded
B.M.D.T. Holdings Ltd. renamed BST Group E.A.W. Ltd.
Menora Mivtachim and BST sign partnership agreement for real estate development
The Phoenix acquires 20% of BST for about 220 million shekels
Products and positioning
One of Israel's leading real estate development and construction groups, with over 50 years of experience and international operations.
BST Development
Development arm specializing in large residential towers, urban renewal, shopping centers and commercial centers.
BST Construction
Construction arm executing office buildings, residential towers, public buildings and high-tech facilities.
BST BuildUp
Finishing works specialist for luxury towers and large public and commercial projects.
BST Canada
International investment arm focused on income-producing real estate in Canada.
BST England
UK arm converting an office building into apartments for sale.
Sources4 sources
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