Building New Horizons
Neocity Group is a real-estate investment and development company focused on residential and commercial real-estate opportunities in Eastern and Central Europe, and Israel. Neocity’s highly experienced team is dedicated to finding a broad spectrum of real-estate opportunities that deliver the highest possible returns. It is the most important factor in the company success.
Neocity researches the most creative methods to ensure success in today's competitive marketplace. It employs a systematic process to neutralize speculation and minimize risk elements that are typically of concern in real-estate. This process delivers enormous strategic benefits.
Neocity Group and Poalim Capital Markets, a subsidiary (100%) of Hapoalim Bank, Israel largest financial group, and one of the top 130 banks in the world, joined together to found Poalim Real Estate Fund, a private real estate fund. Poalim Real Estate Fund has raised $ 92,000,000 which were invested in prime real estate projects in Israel and Eastern Europe. The Fund manages extensive development activities in Central and Eastern Europe, and Israel, with a total estimated revenue exceeding $ 1 billion.
Investment projects includes thousends of residential units, two large shopping centers as well as commercial & retail areas and office buildings. Neocity Group is both the manager and the
main shareholder in Poalim Real Estate Fund .
Solid Foundations
Neocity Group stands on the solid foundations laid down by its strong shareholders and management, and their proven records of success. Joining forces to create Neocity, each team member has a single goal in mind, which is to make Neocity a leading force in its field. The three founding groups are: