Saturday, October 19, 2013

Wilensky claims that


Financial Education
Morning: a general strike in colleges technologies
Real Estate News | Housing Now 2013 | Global Real Estate | Real Estate hsdent Conference hsdent 2013 RSS Ndlnisst | Play RSS
A construction company. Although generational builds luxury towers but CEO Eric Wilensky convinced that if the public asks a more modest hsdent standard, prices will go down, "construction cost is derived from public demands." The bosses Gazit Globe he says: "They instilled a different management standard and see it "
"I hsdent do not see prices hsdent going down, now should begin to stabilize them. Could lower the cost of implementation, is a derivative of consumer hsdent desire. Ever had a 4-room apartment 85 sqm, when I was little were half-rooms, and it was gone. I grew up in a small room and I think I came out okay. If society decides hsdent that she wants to live a lower standard, it can lead to decline in housing prices. "Says cAlcAlist" Eric Wilensky CEO of a construction company. Dori past eight months.
Bambi 82 million Wilensky took office after she knew a great upheaval. Dori, finally found himself Uri Dori, founder hsdent and senior contractors in the country, hsdent disposed hsdent to his life following a partnership with Gazit Globe. In 2007, Gazit-Globe acquired 50% of the holding company - is Akkad and asked to make changes in society, especially the financial aspect. Dori, who was accustomed to lead, felt threatened, hsdent and in 2011 was taken in the course of separation in "Bambi" (Buy Me, Buy You), which received Dory 82 million for the stake in the company and went home.
Wilensky claims that "my generation left the company with head held high. Fingerprint felt across the company, he left a great company." Meanwhile also replaced all management from Dori Avenue. "There were partners like David Katz and family hsdent as Ornan (law of generation), and they left. Nobody can say that the company was not good. Now is different in some ways, but her character is similar. Remained a solid and professional, the area of expertise of breeders passed us and continued it, but put Gazit management parameters and see that too. Jeff Smith is Chairman of the Board, and is involved hsdent in and also serves as CEO - Is ".
"In the interim I assume that entrepreneurs were afraid to work with us and waited to see which direction the company is developing. Therefore made two moves - Shiicvenv capital hsdent structure of the company issuing bonds and equity and treated human spine. It was important to instill stability of the building systems are not a matter of years - two years, planners here forward. Soon will do everything to invest in human capital. "
"It's a question that comes from the first day and will until the last day. Gazit was a partner, but know where to examine business and transactions and concluded that a good deal. All companies - subsidiaries to generate profits and are considered a unique cost. Was not involved in decisions, but when I look from the side I see the deal , there is a synergy between the activities of the construction industry Gazit Globe ".
Wilensky, who said his childhood in Haifa knew who my generation, served in the Nahal commemorated and settled in Kibbutz hsdent Ramot Menashe, where he began his career in construction as a function of the kibbutz construction coordinator. The grouping left at 30, but later, when I was an active contractor, returned to establish the neighborhood expansion. "Contractor saw everything - the ups and downs in housing prices - and in the nineties I was involved in a process of populating hsdent a million immigrants in two years. Nobody left on the street, it was a time when we learned to build rapidly and cost is not high. Proportion changed - small companies have grown to be medium, hsdent and companies hsdent growing medium to large companies. abandoned the transition to private activity. "
A. Dori building, he headed Today, the 330 employees, 80 of them are engineers, owns 40 cranes and involved in several major projects in the central region, including the BLUE Project rolls at Tower clue, Soutine Tower, Tower Meyer, Besser 5 and 6 park top, Neve Tzedek Tower, towers and towers four young group of Hajjaj.
"We have a niche in a very clear, have specialized in construction purchasing groups and building high. We build the skyline hsdent of Tel Aviv and that we are number one. We are also building in Yavne, Nes Ziona, Hod Hasharon and Kiryat hsdent Motzkin. We have quite a few units in the third circle of the real "estate. We do 20 projects at the same time, we have a total of more than 3,000 housing units at construction. " hsdent
"I can not believe you can lock the final price at 100%, I guess that the groups that purchase has a safety margin of a few percent. Aspiration of all is that there will be changes and exceptions, but need proportion. When you look at an apartment that costs 3 million, the price of which consists of soil , taxation and construction, hsdent even if dramatic changes hsdent is 50-100 thousand hsdent shekels, that change can be initiated even in normal ".
"We work with professional organizers, this building professionals, and difficult profession. Whether all professional components that will work. If they do not it will cost more and will look good. Did not arise odd day purchasing groups, each group holds dozens of existing projects."
"This is an industry that traditionally low profit margins of his. We are working large scale from 1.5 billion a year, and low profitability, 5% -6%. Sisyphean struggle daily This all parameters. Always can be a problem in the project, but also risk diversification is important, have shown that regardless hsdent of one large project that threatens the stability of society. projects totaling more than 150 million are investment committee, conservative line, where adventures are not our game. offered to us to participate in projects of half a billion and we went for it because it's great for us . either did not participate in military training camp because volumes. We are strong and mature enough to decide that we are not trying to devour the world. Supply projects greater demand in our field, there are not many companies with financial capabilities and construction capabilities. A. Dori will not take risk

No comments:

Post a Comment