The Alrov Group is a real estate development company headquartered in

Tel Aviv Tel Aviv-Yafo ( or , ; ), sometimes rendered as Tel Aviv-Jaffa, and usually referred to as just Tel Aviv, is the most populous city in the Gush Dan metropolitan area of Israel. Located on the Israeli Mediterranean coastline and with a popula ...

Israel Israel, officially the State of Israel, is a country in West Asia. It Borders of Israel, shares borders with Lebanon to the north, Syria to the north-east, Jordan to the east, Egypt to the south-west, and the Mediterranean Sea to the west. Isr ...

.Al-Rov (Israel) Ltd (ALRO:Tel Aviv)
Bloomberg Business It is listed on the

Tel Aviv Stock Exchange The Tel Aviv Stock Exchange (TASE; ), colloquially known as The Bursa, is the only public stock exchange in Israel and a public company itself, listed on its own exchange since August 1, 2019. It is regulated by the ''Securities Law (1968)'' a ...

History

The company was founded in 1978 by

Alfred Akirov Alfred Akirov (; born 1941), is an Israeli businessman. He is the founder of the Alrov Group. Biography Alfred Akirov was born in Iraq to a Jewish family.

, who holds the title of chairman. Its co-Chief Executive Officers are Shmuel Ben Moshe and Meir Alhacham.

Mamilla Project

In 1995 Alrov purchased the Mamilla Project in the center of

Jerusalem Jerusalem is a city in the Southern Levant, on a plateau in the Judaean Mountains between the Mediterranean Sea, Mediterranean and the Dead Sea. It is one of the List of oldest continuously inhabited cities, oldest cities in the world, and ...

and finished the building of the David Village project and the hotel Hilton Jerusalem, that later changed its name to David Citadel Hotel. The construction and development stopped a few times due to archeological research and legal affairs but resumed in 2006. In 2007, a part of the Alrov Boulevard (the historic Mamilla street) and the Alrov mall opened. In 2009 Mamilla Hotel was opened and in 2010 the project was completed.

Hotels

The group owns the David Citadel Hotel and the Mamilla Hotel (near the Mamilla Mall), both of which are in

, Israel.Le groupe israélien Alrov rachète le Lutetia
''

Le Point ''Le Point'' () is a French weekly political and conservative news magazine published in Paris. It is one of the three major French news magazines. ''Le Point'' was founded in 1972 by former journalists of ''L'Express'' and quickly rose to be ...

'', 07/08/2010 It acquired the Conservatorium Hotel in Amsterdam and the Café Royal in London in 2008. In 2010, it acquired the Hôtel Lutetia in

Paris Paris () is the Capital city, capital and List of communes in France with over 20,000 inhabitants, largest city of France. With an estimated population of 2,048,472 residents in January 2025 in an area of more than , Paris is the List of ci ...

References

External links

Companies based in Tel Aviv Companies listed on the Tel Aviv Stock Exchange Real estate companies established in 1978 1978 establishments in Israel {{Israel-company-stub