Kvutzat Bonei Arim

Kvutzat Bonei Arim Ltd. (often abbreviated K.B.A. or קי.בי.ע) is an Israeli land planning and development company that operates as the land-management arm of the Abu Yechiel Group. Its core activity is the identification, acquisition, improvement and development of land, primarily in the city of Ashdod, where it holds historic land reserves of more than 1,000 dunams. The company converts agricultural land into land suitable for construction and advances residential, commercial, hotel and industrial projects. The company was acquired in 2008 by Yechiel Abu, who transferred the company and all the land under its ownership to the Abu Yechiel Group. Additional land was purchased from the Israel Land Authority with the aim of continuing to develop Ashdod and initiating residential projects in and outside the city. The land division is described as a significant part of the group's financial strength, allowing it to operate independently and provide quality housing solutions without depending on market forces. K.B.A. is a long-established company that took a significant part in the founding of Ashdod and in preparing the city's master plan in 1956. It remains involved in various processes of the city's development and in the construction of different neighborhoods and districts. In recent years the company has begun to realize the land it holds, which is at various stages of development; most of it is expected to be sold to developers for construction and development in the fields of housing, commerce, hotels and industry. As part of the Abu Yechiel Group, Kvutzat Bonei Arim is positioned as a land and real-estate development platform rather than a construction contractor. Its expertise lies in recognizing land with high growth potential, acquiring it from the Israel Land Authority or private parties, improving it and turning it into buildable land. The company's activity is concentrated in Ashdod, with the group also expanding to additional areas in Israel.

Kvutzat Bonei Arim Ltd. (K.B.A.) is a long-established Israeli company whose history is closely tied to the development of the city of Ashdod. According to the Abu Yechiel Group's official website, the company took a significant part in the founding of Ashdod and in preparing the city's master plan in 1956. It has since remained involved in various processes of the city's development and in the construction of different neighborhoods and districts. The company holds historic land reserves of more than 1,000 dunams in Ashdod, as well as income-producing properties in the city intended for commerce, housing and employment. Its expertise lies in identifying land with the highest growth potential, acquiring it from the Israel Land Authority or private parties, improving it and turning it from agricultural land into land suitable for construction. In 2008, the company was acquired by Yechiel Abu. As part of the acquisition, the company and all the land under its ownership were transferred to the Abu Yechiel Group, and additional land was purchased from the Israel Land Authority with the aim of continuing to develop Ashdod and initiating residential projects in the city and beyond. The land division is described as a significant part of the group's financial strength, allowing it to operate independently and provide quality housing solutions without being dependent on market forces. In recent years, the company has begun to realize the land it holds, which is at various stages of development. Most of it is expected to be sold to developers for construction and development of the city in the fields of housing, commerce, hotels and industry. The company's activity is managed within the Abu Yechiel Group, which has also been expanding to additional areas in Israel.

• 2008

  Acquired by Yechiel Abu; the company and all its land were transferred to the Abu Yechiel Group, and additional land was purchased from the Israel Land Authority.

• 1956

  Took a significant part in the founding of Ashdod and in preparing the city's master plan.

Land planning and development platform within the Abu Yechiel Group, focused on Ashdod and expanding to other areas in Israel.

• Land acquisition and improvement

  Identification, acquisition and improvement of land with high growth potential, converting agricultural land into buildable land.

• Residential development projects

  Initiation of residential projects in Ashdod and beyond.

• Income-producing properties

  Properties in Ashdod intended for commerce, housing and employment.

1. 1תכנון ופיתוח קרקעות - קבוצת אבו יחיאלabultd.com
2. 2Kvutzat Bonei Arim - Wikidatawikidata.org