In the 2018 World Green Building Trends report, almost half of global survey respondents said they expect to construct more than 60 percent of their projects as green buildings by 2021. Green construction encourages savings of energy, electricity, and water, saving up to 30 percent on energy consumption compared with traditional buildings. At the core of green construction is the advanced technology that facilitates it.
"Tidhar is preparing to invest $10 million over the next two years toward integrating startups and advanced technologies into the group’s operations."
We’re excited to announce our latest open innovation partnership with Tidhar Group, a leading Israeli real estate developer, that will support their efforts on sustainability, green construction, green energy, robotics, and automation.
As part of the partnership, SOSA will accompany Tidhar to diagnose the company’s future needs, helping it construct a tailored innovation program to go green and uniquely deliver within the green construction market. Tidhar is preparing to invest $10 million over the next two years toward integrating startups and advanced technologies into the group’s operations.
Through the program, SOSA will monitor and present the most advanced and relevant technologies for Tidhar in the various fields of real estate, including green construction, green energy, solar power, and water system monitoring. Through the involvement of innovation managers and employees from within various departments of the company, SOSA and Tidhar will integrate new technologies into future Tidhar projects. For carefully selected startups, this will be an opportunity for a significant business foothold in the real estate industry, alongside cooperation with one of the Israeli leaders in the field. Prior to the presentation, SOSA's team of analysts and innovation managers will work with select startups to tailor their solutions to fit Tidhar’s innovation vision and needs.
To date, Tidhar has built 15,500 housing units, involving 1.8-million square meters of commercial real estate and 130,000 square meters of international properties, as well as over 400 urban renewal projects. Recently, the Tidhar Group recruited Naor Caspi, an influential part of the Israeli Ministry of Defense’s innovation division. Naor serves as the group’s director of innovation and leads the broadest and most comprehensive innovation program in the real estate industry.
“We welcome the collaboration with the Tidhar Group, the leading real estate developer in Israel. This collaboration takes us one step further toward innovative work in the traditional and booming industry of construction,” says Uzi Scheffer, CEO of SOSA. “Tidhar Group is the ideal organization to lead the innovation in the industry. Now, more than ever, the proliferation of business collaborations between startups and corporations will contribute to the tech industry, as to the state and the economy, which will benefit from the assimilation of technologies in one of the most challenging periods the economy and society have known.”
“Tidhar has led the field of innovation in the real estate industry for many years, and we intend to continue to invest the resources into pioneering customer experience, through technologies in construction, service, safety, and planning,” says Gil Tsabar, VP of Information Systems, Technology, and Innovation at Tidhar Group. “Tidhar sees cooperation with SOSA as an integral part of the company’s strategic plan for the coming years. The goal of the partnership is to develop and implement innovation that will place Tidhar as a leader in everything related to construction in Israel and around the world.”
About Tidhar Group:
Tidhar Group is the largest private real estate group in Israel. Founded in 1993, the group engages under one roof to initiate, plan, construct, and manage residential, office, and commercial buildings in Israel and the world, urban renewal. In addition, Tidhar owns hundreds of thousands of square meters of income-producing properties, including an advanced Microsoft high-tech campus in Herzliya Pituach, a high-tech park complex in Raanana, the CU business park in Ramat Hachayal, the Rogovin Tidhar tower on the Ramat Gan Diamond Exchange, and more.