Z.m.h Hammerman Ltd
Israeli real estate development and construction company founded in 1997, publicly traded on the Tel Aviv Stock Exchange.
Last updated September 29, 2026
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Overview
Z.m.h Hammerman Ltd (Hebrew: צ.מ.ח המרמן בע"מ), known by the brand Tzemach Hammerman, is an Israeli real estate development and construction company founded in 1997 by Avi Ben Avraham and Haim Feiglin. The company is controlled by the Feiglin and Ben Avraham families together with Ran Ben Avraham. It is a public company whose shares are traded on the Tel Aviv Stock Exchange. The company focuses on initiating and executing large residential, office, and commercial projects, as well as turnkey projects for Israeli companies. Its development activity spans popular and luxury housing, commercial, office, and industrial construction, and urban renewal. Since its founding through the end of 2021, the company has completed approximately 104 construction projects across Israel, comprising about 9,360 housing units and roughly 355,000 square meters of commercial, public, office, and factory space. In 2018 the company opened an additional activity sector of income-producing real estate, as well as an urban renewal department. Its policy is to focus on activity within Israel. The company has a workforce of about 160 employees. It holds ISO 9002 international standard certification and works with government ministries and the Ministry of Defense. Z.m.h Hammerman operates through several subsidiaries, including Gilead Infrastructure Works (100%), which performs communications infrastructure work primarily for the Ministry of Defense, and Sivan Bitzua (50.1%), a construction company specializing in the execution side of real estate, managed by Sivan Berkovich. Until May 2021, the company fully owned Melgam Human Resources Management, which employed foreign workers in the construction sector; Melgam was sold in May 2021, and the employment of foreign workers at Tzemach Hammerman is now done through manpower contractors. The company's activity areas include initiating residential and commercial projects—locating and acquiring land for improvement, establishing projects including their execution, marketing and selling housing units and/or commercial and office space, and locating and promoting urban renewal projects in locations such as Nahariya, Jaffa, Ganei Tikva, and Beit Shemesh. Its income-producing real estate segment includes initiating, establishing, and maintaining income-producing properties for commerce, rental housing, offices, and parking. On the ground floors of its residential projects, the company manages commercial centers, including the Sha'ar Ha'ir center in Beit Shemesh, commercial space in the Bezalel complex and White City in Tel Aviv, and in Ganei Tikva. It also performs contract construction work for third parties in the private sector (residential buildings), the business sector (office, commercial, high-tech, and factory buildings), and the public sector (public buildings and others). According to its official website, Tzemach Hammerman was founded in 1997 and has cumulative experience of more than 50 years in the construction industry. The company carries ISO 9002 international standard certification, works with government ministries and the Ministry of Defense, and is committed to the highest level of construction. It received a D&B score of 85, ranking it at the forefront of construction companies for 2020, reports 100% satisfied customers, 113 successfully completed projects, and 16 projects under execution. Its areas of specialization include residential buildings, luxury premium buildings, Sivan execution, commercial offices and parking, DBOT projects, and long-term rental. Selected projects marketed on its website include Achziv in Nahariya, Andromeda in Tel Aviv-Jaffa, White City (completed), Weizmann Pankes in Tel Aviv, Park Tzafon in Ramat Hasharon, The Lake in Ramat Gan, and future projects such as Sirkin in Petah Tikva, Mitzpe Rene in Lod, and the new Kiryat Ono boutique buildings in Ramat Gan.
History
Z.m.h Hammerman Ltd was incorporated in Israel in September 1997 as a private limited company by shares, founded by Avi Ben Avraham and Haim Feiglin. The company is controlled by the Feiglin and Ben Avraham families together with Ran Ben Avraham. In May 2007, it became a public company and its shares are traded on the Tel Aviv Stock Exchange. From its founding through the end of 2021, the company completed approximately 104 construction projects across Israel, including initiation, planning, and self-execution of projects, as well as contract construction work for third parties. These projects comprised about 9,360 housing units and approximately 355,000 square meters of commercial, public, office, and factory space. In 2018, the company opened an additional activity sector of income-producing real estate, as well as an urban renewal department. Its policy is to focus on activity within Israel. The company has a workforce of about 160 employees. Until May 2021, the company fully owned Melgam Human Resources Management, which employed foreign workers in the construction sector. In May 2021, Melgam was sold, and the employment of foreign workers at Tzemach Hammerman is now done through manpower contractors. The company operates through several subsidiaries, including Gilead Infrastructure Works (100%), which performs communications infrastructure work primarily for the Ministry of Defense, and Sivan Bitzua (50.1%), a construction company specializing in the execution side of real estate, managed by Sivan Berkovich. According to its official website, Tzemach Hammerman was founded in 1997 and has cumulative experience of more than 50 years in the construction industry. The company carries ISO 9002 international standard certification, works with government ministries and the Ministry of Defense, and is committed to the highest level of construction. It received a D&B score of 85, ranking it at the forefront of construction companies for 2020, reports 100% satisfied customers, 113 successfully completed projects, and 16 projects under execution. Its areas of specialization include residential buildings, luxury premium buildings, Sivan execution, commercial offices and parking, DBOT projects, and long-term rental. Selected projects marketed on its website include Achziv in Nahariya, Andromeda in Tel Aviv-Jaffa, White City (completed), Weizmann Pankes in Tel Aviv, Park Tzafon in Ramat Hasharon, The Lake in Ramat Gan, and future projects such as Sirkin in Petah Tikva, Mitzpe Rene in Lod, and the new Kiryat Ono boutique buildings in Ramat Gan.
- 2021
In May, sold Melgam Human Resources Management, which employed foreign workers in construction.
- 2018
Opened an additional activity sector of income-producing real estate, as well as an urban renewal department.
- 2007
In May, the company became a public company.
- 1997
Company incorporated in Israel in September as a private limited company by shares, founded by Avi Ben Avraham and Haim Feiglin.
Products and positioning
One of Israel's quality and reliable real estate companies, committed to the highest level of construction, with ISO 9002 certification and a D&B score of 85.
Residential buildings
Initiation and construction of residential projects, including popular and luxury housing.
Commercial and office space
Construction and management of commercial centers, offices, and parking.
Income-producing real estate
Initiation, establishment, and maintenance of income-producing properties for commerce, rental housing, offices, and parking.
Urban renewal
Locating and promoting urban renewal projects in locations such as Nahariya, Jaffa, Ganei Tikva, and Beit Shemesh.
Turnkey projects
Execution of turnkey projects for companies in Israel.
DBOT projects
Design-Build-Operate-Transfer projects.
Long-term rental
Long-term rental projects.
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