The Alrov Group is a real estate development company headquartered in

Tel Aviv Tel Aviv-Yafo ( he, תֵּל־אָבִיב-יָפוֹ, translit=Tēl-ʾĀvīv-Yāfō ; ar, تَلّ أَبِيب – يَافَا, translit=Tall ʾAbīb-Yāfā, links=no), often referred to as just Tel Aviv, is the most populous city in the G ...

Israel Israel (; he, יִשְׂרָאֵל, ; ar, إِسْرَائِيل, ), officially the State of Israel ( he, מְדִינַת יִשְׂרָאֵל, label=none, translit=Medīnat Yīsrāʾēl; ), is a country in Western Asia. It is situated ...

.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 Israel's only public stock exchange and a public company that has been traded on the Tel-Aviv Stock Exchange since August 1, 2019. Legally, the exchange is regulated by ...

History

The company was founded in 1978 by Alfred Akirov, 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 (; he, יְרוּשָׁלַיִם ; ar, القُدس ) (combining the Biblical and common usage Arabic names); grc, Ἱερουσαλήμ/Ἰεροσόλυμα, Hierousalḗm/Hierosóluma; hy, Երուսաղեմ, Erusałēm. i ...

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 Mamilla Mall, also called Alrov Mamilla Avenue, is an upscale shopping street and the only open-air mall in West Jerusalem. Located northwest of Jaffa Gate, the mall consists of a pedestrian promenade called Alrov Mamilla Avenue lined by 140 s ...

), both of which are in

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

Le Point ''Le Point'' () is a French weekly political and news magazine published in Paris. History and profile ''Le Point'' was founded in September 1972 by a group of journalists who had, one year earlier, left the editorial team of '' L'Express'', w ...

'', 07/08/2010 It acquired the Conservatorium Hotel in Amsterdam and the

Café Royal A coffeehouse, coffee shop, or café is an establishment that primarily serves coffee of various types, notably espresso, latte, and cappuccino. Some coffeehouses may serve cold drinks, such as iced coffee and iced tea, as well as other non-caf ...

in London in 2008. In 2010, it acquired the

Hôtel Lutetia The Hôtel Lutetia, located at 45 Boulevard Raspail, in the Saint-Germain-des-Prés area of the 6th arrondissement of Paris, is one of the best-known hotels on the Left Bank. It is noted for its architecture and its historical role during the G ...

Paris Paris () is the capital and most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), making it the 30th most densely populated city in the world in 2020. ...

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