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Alrov is a leading real estate company, investing in, developing and operating luxury projects. Alrov has a proven track record of developing unique high-profile landmark buildings, embracing the cultural heritage of each site to deliver beautifully designed, professionally realized and incredibly well managed luxury establishments. Alrov sets high standards for the design and realization of developments and then deliver on those standards from conception to completion.
All projects are characterized by a unique concept, leading international vision, innovation and uncompromising quality. Prestigious development sites are strictly selected. World leading architects use exceptional quality materials that allow the materialization of a fascinating and innovative architectural vision: excellent materials, quality construction, rigorous inspection, top working standard and unmatched managerial quality.
Other activities are investing in stable income generating properties, with solid return on investment.
Alrov is listed on the Tel Aviv Stock Exchange and currently owns property in Israel the UK, France, Switzerland and The Netherlands.
Alrov was founded in 1978 by Mr. Alfred Akirov, the Company’s Chairman.
1978 Alrov Israel (the parent company) is founded by Alfred Akirov.
1983 Alrov Israel (the parent company) is floated on the Tel-Aviv Stock Exchange at a valuation of $8 million. The Company is traded and is part of the Tel-Aviv 100 Index.
1993 Alrov Properties and Lodgings, which coordinates the Group’s income-generating Properties and Lodgings operations is floated at a value of $18 million.
2001 Overseas operations are started, via Property Investment Holdings (PIH) in which there is a 76.0% holding.
2006 The decision is made to create a portfolio of luxury hotels in Europe and in Israel.
2010 Alrov Properties and Lodgings enters the Tel-Aviv 100 Index following an increase in the public’s holdings.
2016 Alrov israel merged into Alrov Properties and Lodgings