Professional Documents
Culture Documents
By Daniel Francis
lobal real estate must be the views all around are amazing, real estate development companies".
a hectic business, since encompassing Tel-Aviv and the As if reading his partner's mind,
getting the two partners sea. "We've always been like Barak adds, "We are actually a
of Canada-Israel to sit down this, on the go", says Barak, "we unique combination of global
together for an interview is like take a dream and run with it, entrepreneurs and a real estate
trying to find matching socks watching each other's back while investment house, a sort of global
in the dark. Eventually, I found always looking forward". Asaf gets real estate fund. We put a lot
myself joining them atop the off the phone and joins the of effort in being in the right
"W Tower" - one of their latest conversation. "I guess you could say place at the right time, learning
luxurious developments overlooking that our success derives from the to identify potential and how
Tel Aviv. At 5 in the afternoon fact that we are different from other to seize it". Barak Rosen and Asaf Touchmair on the 35th floor of the 'W Tower',
one of their latest dreams under construction
#06 07#
After spending some time with with the features of an investment- the Americas, providing investors the trends, the new directions. life will be like". Asaf takes on
the two partners, it is clear that house, is what makes up the with a wide spectrum of unique We 'read the signals' and know Thinking the expression of a true visionary.
"Lifestyle"
the Canada-Israel group has a elements of the partners' vision: real estate alternatives. Their where to push and where to hold "When I look at a piece of land,
unique business model. Their identifying potential, responsiveness, investment strategy was developed back". And yet, it's easy to realize I don't just see the building
extensive network of local offices maintaining long-standing credibility, and refined over the years: learn that Canada-Israel's impressive that will be constructed on it; I
and global partners, combined
with their involvement in the
creating innovative concepts, and
always providing value to investors.
current market trends, predict
future ones, identify potential,
global portfolio is more than just a
collection of buildings. It portrays
rather than see the total concept - the family
that will live there, the children
market, helps them to identify real and invest in real estate with high a remarkable spread of assets, from Conventional Development that will play in the park. I see
estate locations with significant probability for development and prestigious residential projects to where they will go to school and
improvement potential. Next, they
turn the property into a complete Inspiration and
high yield, while reducing risk to a
minimum. Canada-Israel has a vast
notable commercial holdings and
thousands of hectares of prime land Methods where they will shop, I envision
the landscape surrounding them
Vision
vision, incorporating their creative network of offices, connections and in strategic locations. But a closer and all the paths throughout the
ideas and unique methods. collaborators worldwide, keeping inspection reveals the partners' y next meeting with community. Instead of bricks and
the company constantly updated distinct fingerprint and vision the partners takes place glass and asphalt, I visualize a
Once the vision is developed, it is on potential deals. - creating new lifestyle concepts. at a restaurant in Tel - complete lifestyle".
brought to life by detailed planning
and packaging of the overall from the "One of our main advantages in this
"We stay constantly in touch with
our overseas partners, looking for
Aviv. I make use of this occasion
to try to understand what makes
We look
Ground Up
project. At this stage they bring in business comes from the fact that deals, searching for fresh ideas", says Canada-Israel so successful. We
investors - actually a first exit - thus we started out as real estate brokers, Asaf. "Our whole attitude to real discuss their latest project in
reducing the financial risk. The selling apartments and houses to real estate is more far-reaching, and it Russia, a 25,000-unit development beyond the piece
next phase is initiating financing,
and ultimately, managing the
or nearly two decades
Canada-Israel has been
people", explains Barak. "Coming
from that field means we know what
comes from who we are". in St. Petersburg, as well as the
global real estate scene.
of property, beyond
project with a "hands-on" approach focusing on investing in customers are looking for, and this
We're a unique the blueprints.
until completion. This unique carefully selected real estate is what inspires us in our projects. Through our discussion, I begin
approach of development, along projects in Israel, Europe and We stay updated about the market,
combination to comprehend the three We envision
of global
distinctive types of companies in
this business. First, there are the
the complete
entrepreneurs
"old school" companies run by picture
1 veteran contractors. Today they are
2
and a considered outdated. The second
kind is companies run by financial "I think our outlook is influenced
Russia
real estate wizards. These companies are mostly by our experience", says Asaf.
successful, but to them a building "There's nothing like growing
3
investment house is like any other commodity and up in the business to fully
Britain Poland all that the management sees are understand it. Looking into a
4
Canada Germany Czech Republic Asaf gives me a glimpse of the facts and figures. Canada-Israel is person's eyes, listening to him or
blueprints of one of their projects. categorized as the third type, the her and watching buyers inspecting
USA
5
Dominican
Republic Israel "Take for example our venture
in the Dominican Republic.
"new-age" real estate companies
- those that are lifestyle-oriented,
an asset, is a lot different than
sitting behind a desk and doing
We're creating a completely new and which create new residential the math. Today we operate on
6
Panama entertainment and residential city, concepts and new ways of living. a global level, but that early
with casinos, villas, hotels, golf experience is what enables us
7
courses, daytime activities, night- to achieve higher levels of
life and everything people could Anyone can build expertise and constantly improve
8 ask for, all in one place. We
tried to think of everything,
a building. our business results. That is why
we are different, and we constantly
9 even how yacht owners will be We build dreams instill this way of thinking
able to dock in the marina next to to our management and employees".
their vacation residence. This "We look beyond the piece of Barak raises his wineglass in a
10 World Class Portfolio 2009 entire project embodies our vision - property, beyond the blueprints. We toast. "Anyone can build a building.
creating new lifestyle concepts". envision the complete picture, what We build dreams".
"
We wake up
each day as if we're just
starting out.
It keeps us hungry
for success…"
#10 11#
High Yield
requirements. It also helps us tight organization", explains Asaf. activity in Israel is carried out
to get projects off the ground "We employ highly motivated indivi- under Pangaea Israel. "We went
very fast. We formulate a pool of duals who want to grow with us. We public when we felt it was the right
Returns While high potential projects and our
investors can then select the
instill in them the same passion we
have towards our work and trust
time to do so", says Barak. "We
purchased the two public companies
Reducing Risk Through investment of their preference. them to take a project and run with it". as a platform for further growth.
Tailor-Made
Our commitment to maximizing We believe that there are always
their profitability builds trust
and their continued faith is what
There are prospects out there; you just have to
know when and how to grasp them".
always prospects
Investments keeps us moving ahead".
Built
with the partners' special relation-
ship with investors. "There are grasp them
approximately 1,500 individual
investors and 100 private companies The Canada-Israel group consolidates
for the Deals
that have been working with five private companies that specialize
of the
How it all started? Canada-Israel since it was established",
to Last in real estate and development, as
Future
Asaf smiles, "and without their well as two public companies,
faith we wouldn't be where we are". Pangaea Real Estate and Pangaea
he Canada-Israel head- Israel. The name Pangaea comes
Barak Rosen and Asaf Touchmair have known each other since high
school. After their compulsory army service in the IDF they debated One of our quarters in the stylish
Herzliya suburb reflects
from Greek and means "Mother of
the Lands", referring to a time many n the highly competitive market
whether to go into diamonds, insurance or real estate – three areas
with growth potential. By chance, Barak's father had a friend who main advantages the life-loving personality of the
partners. In the hallways and meeting
million years ago when all of the of real estate - both local and
world's continents were connected. international - there are many
owned a small real estate agency in Ra'anana, and the two started
working there. Their combined energy was too much for the small
is our ability rooms, professional looking young multi-talented companies with a
men and women go about their Since 2006, Pangaea Real Estate "golden touch". Yet it is truly
office, as the two young agents closed a record-high amount of deals to expose our business with an air of purpose. The consolidates all of the group's refreshing to sense that there is a lot
in the first month only. Consequently, they opened "Penthouse Real
Estate" in 1993, which quickly grew to employ 10 full-time brokers. investors to selected whole atmosphere is quite different
from other Israeli firms. "We run a
activities throughout
since 2007 most of
Europe, and
the group's
more to Canada-Israel than merely
the bottom line.
investments
J Backed by their avid investors
canada-israel group
and strategic partners, they
In 1995 they identified a new market potential, and established the skillfully identify good deals all
"Company for Galilee Development" which specialized in purchasing over the world, make the purchase
agricultural land in northern Israel that was not yet zoned for and then redevelop the asset,
development. They subsequently parceled out the land to various essentially re-inventing it through
investors who later collected nice profits from the deals. In 1998, their unique outlook. ”I believe
when the Palestinian Intifada brought Israeli economy to a standstill, that one of our main advantages
the pair looked to Toronto as their next big real estate location. There is our ability to expose our
they purchased buildings and sold the apartments after complete investors to selected investments,
renovation. In 2006 they bought a public company and renamed which otherwise would have
it Pangaea Real Estate, thereby raising considerable funds for been inaccessible to them as
additional ventures. Leveraging their gained experience, the partners individuals", explains Barak. "Since
expanded into Europe and the United States. The rest is history. we know most of our investors
personally, we can actually tailor
specific investments to suit their
#12
"
Life is like
"There is potential and then there's
full potential", says Asaf. "It's a
slight difference, yet an entirely
different result" The company
a journey, with
is aiming to broaden its global
reach and network of connections
and offices, which at the moment
consists of offices in Russia, Poland,
Germany, Israel and Canada.
Their vast network of associates potential everywhere.
and partners around the world
will continue to expand, giving the
company and its investors a platform
to hear about the best deals wherever
You just have to
they might arise.
go out there
There is
potential and and find it…"
then there's
full potential.
A slight
difference, yet
an entirely
different result
After following the two partners
for some time, I realized that the
true basis for their success is in
their inter-personal relations - with
each other, as well as with their
clientele, partners, investors and
employees. They built Canada-Israel
into a strong global company with
investors accompanying them from
the beginning, believing in them
and enabling the company to grow
almost without financial leverage.
Population
7.3 million
GDP
$169 billion
area
22,145 km 2
#18
ake a look around and the unmistakable scent of the sea, building includes a gorgeous lobby
you will understand what of summer vacations and of the and is interiorly designed to meet the
initially inspired Canada- constant flowing rhythm of life - highest of standards. The project is
Israel in their new creation at all these create the atmosphere at adorned by ecological pools, wooden
this unique location. The vast Blue. The blue, seen all around, pathways and green gardens.
turquoise expanse of the ocean; is the natural inspiration of Blue
the rays of sunlight sparkling on situated in the northern part of
the waves; the crisp breeze carrying Tel Aviv, near the exclusive Tel Blue is planned as
Aviv Country Club. It is a five-
minute drive from the center of
an exclusive private
Tel Aviv, a five-minute drive from community consisting
Herzeliya, and just a few minutes
walk from the beach. of 300 luxury apartments
Blue is planned as an exclusive
in 6 uniquely
private community consisting of 300 planned buildings
luxury apartments in 6 uniquely
planned buildings, designed and
furnished by world-renowned architect Tenants will be able to enjoy exclusive
Ilan Pivko. Blue has a brilliant design country-club facilities, including a
concept emphasizing the natural semi-Olympic pool, fully equipped
surroundings of the property. The gym, tennis courts, a spa and treatment
buildings, with high ceilings and rooms. Additional communal areas
glass windows from top to bottom, are for the residents' use will include an
designed to bring nature inside while outdoor pool, lush gardens and a
maintaining a modern appeal. Each private events room. Tel Aviv | 300 Residences | 40,000sqm Commercial areas
Each building
includes a
gorgeous lobby
and is interiorly
The blue, seen all
designed to meet
around,
the highest
is the natural
of standards
inspiration of Blue
situated in the
northern part of
Tel Aviv
Tel Aviv | 46 Stories
186 Residences 23#
he tallest residential tower the new, most upscale district in the design, public areas, main lobby and
in Israel overlooking the heart of Tel Aviv, Tzameret Park. landscape surrounding the tower, are
most prestigious location The W Tower, designed by Yashar planned to the highest standards
in Tel Aviv. The W Tower is yet Architects, is the tallest residential possible. Each apartment features
another example of Canada-Israel's tower in the country rising to 46 floors. a large terrace which virtually floats
commitment to building unique It is situated near the prestigious above the urban view below. The
luxurious projects. shopping square, Kikar HaMedina, W Tower is a stunning example
and the tranquil HaYarkon Park. of Canada-Israel's aspiration for
Canada-Israel's motto - to settle for architectural superiority in concert
nothing less than top quality - attracted The entire complex is being designed with a unique setting to considerably
them to this desirable location in as a closed community. The interior increase value.
Round the Clock
17 Rothschild Blvd.
On the first boulevard paved in Tel Aviv nearly 100 years ago,
Canada-Israel is planning a uniquely designed modern
building which will blend in with the city center and the urban
history around it.
he project on 17 Rothschild intended for restoration and an ultra on the site complemented by an
Boulevard is yet another -modern tower atop. The location in indoor swimming pool and spa.
fine example of Canada- the heart of Tel Aviv's city center, The building will accommodate
Israel's tendency for seeking is bustling with activity by day, special lofts and luxurious residential
out the most unique prospects, offering trendy outings by night. apartments resplendent with 10-
which combine high potential Many luxurious residential buildings foot ceilings and offering comfort
for development and value. The have been put up along this down to the finest details. This
asset is located right across the fashionable boulevard during the project emphasizes the group's
street from the home of Tel Aviv's last few years, and Canada-Israel's commitment to history and urban
first mayor, Meir Dizengoff. The venture - designed by Yashar Architects renewal while offering high-quality
development will be a combination - adds to this trend. Canada-Israel lifestyle in the heart of Tel Aviv's
of the existing historic building is developing an 18-floor building most desired location.
In the midst of the lovely Sharon region, with Kadima Forest
to the west and green flatlands stretching out to the east, the new
community of the future is taking shape: Kadima-Tzoran.
Bar-ilan
Canada-Israel acquired this prime location, just minutes
from Tel Aviv and adjacent to the Bar Ilan University, as a
strategic investment with high prospects.
Herzeliya
In the heart of the up scale hi-tech zone, the
group is planning two boutique office buildings
in one of the most prime locations.
Hod Hasharon
Centrally located and growing as a desirable domicile,
Hod Hasharon offers the perfect setting for young couples and
families seeking peace and quite close to Tel Aviv.
route 44
Highway 4
Rishon Lezion
At one of the most central junctions in Israel, adjacent to two
major intercity highways, Canada-Israel is planning an easily
accessible and highly developed light-industry park.
lthough land reserves in purchased in partnership with the imminent rezoning of the
the central region of Israel Eurocom, Kardan Real Estate land, the group intends to build
are diminishing quickly, and Doron Aviv, whom are a highly modern light-industry
Canada-Israel was fortunate to amongst the most successful park, which will create many
purchase approximately 300,000sqm real estate groups in Israel. jobs for the benefit of the entire
of agricultural land in this area The location offers quick access area, turning this property into
which it is now rezoning for to Tel Aviv and the Ben Gurion an ideal investment for those
Rishon LeZion | 250,000sqm Office space & commercial areas commercial use. The property was International Airport. Following with an eye for the future.
#42 43#
llenby Street in Tel Aviv acquired at 65 Allenby Street was popular Rothschild Boulevard. True
which begins at the sea formerly a 5-story office building to its vision, the group redeveloped
and runs through the which was rezoned for residential and essentially reinvented the
center of the older part of town is use. It is located just a few minutes asset, designing 20 attractive
now undergoing "rejuvenation". walk from the beach, and is adjacent apartment-suites and selling them
The building that Canada-Israel to the hip Shenkin Street and the at a premium rate.
Kfar shmaryahu
Known as one of Israel's most wealthy communities, this unique
property will forever be a real estate dream location.
Columbus Bay
Hundreds of years ago an ancient explorer discovered these
shores. Today, the group has rediscovered this exclusive
Caribbean region and is turning it into a modern day paradise
for investors and affluent residents alike.
ts advantageous location close luxury homes, vacationing facilities of the resort, accessed via luscious
to the United States, the and deluxe commercial areas. The mangrove canals. With the scope
lovely warmth of the people, entire area is planned to rival of the group's sweeping vision,
the beaches and numerous water- the likes of Las Vegas and Macau, Columbus Bay resort is on the right
sports and outdoor activities, have with day-by-night activity. Teaming track in becoming the Las Vegas
turned the Dominican Republic up with the ultra-creative architec- of Latin America.
into the Caribbean's most tural firm Arquitectonica, the plans
attractive location. The quest for for Columbus Bay have taken
value led the group to the pristine quality living to the next level,
shores of Monte Christi, where offering the ultimate in recreation
it seized the chance to purchase and accommodation for the most
36,000,000sqm of oceanfront land, discerning clientele. Monte
Christi
including an 11km long stretch
of prime coastline which will be The unique layout of the bay will
designated for tourism, resort hotels, enable yacht owners to dock in a
casinos, recreation, golf courses, state-of-the-art marina in the center
Columbus Bay 6 7
5 4
Golf
Estates
Boutique Hotels - Designed and managed by
renowned hotel operators, these fine hotels facing
the shore will offer Caribbean atmosphere
along with first-class amenities for the most
discerning clientele.
7 Park
51#
Architecture
and Design by
World-Renowned
Arquitectonica
Arquitectonica is a full service
firm for architecture, interior
design, landscape architecture
and planning, based in Miami,
New York and Los Angeles.
With 30 years of experience
and 500 professional employees,
Arquitectonica is established as
one of the most influential and
creative architectural firms in
the US. With regional offices
in 4 continents, Arquitectonica
has developed an international
presence recognized for excellence
and innovation. The firm has
won numerous international
awards and has planned and
designed some of the world's most
exceptional architectural works
of the last two decades.
Population
142 million
GDP
$1.34 Trillion
area
17,000,000 km 2
55#
St. Petersburg
On a hill within Saint Petersburg is Russia's primary institute of
space study. This space observatory was the inspiration for one of
the most aspiring residential projects.
he city of Saint-Petersburg research institutes in Russia. The modern residential quarter built
on the Baltic seashore world renowned observatory was on 2,390,000sqm of land. It will
is the second largest the inspiration for this project. consist of 25,000 residential units
city in Russia with 6 million and a variety of other non-residential
inhabitants. Saint-Petersburg is Planetograd - the city of planets - facilities, including retail space,
rated 8th worldwide as a tourist is designated to be a new residential recreational centers and public areas.
destination with highly advanced area in St. Petersburg, incorporating
transportation and industry advanced designing principles and Planetograd is owned by the
infrastructure systems. Atop a hill offering high-quality lifestyle. The group in cooperation with Electra
in the southern part of the city is project is aimed to satisfy the Investments, one of Israel's leading
the Meridien Pulkovo Observatory, growing demand for residential real corporations. The project is highly
founded in 1833 and considered estate in St. Petersburg. Planetograd recognized and supported by
to be one of the most significant is designed to be a multi-functional, the municipality.
St. Petersburg, Russia | 2,390,000sqm | 25,000 Residences
#58 59#
Planetograd is designed to be a multi-functional,
modern residential quarter built on 2,390,000sqm of land.
It will consist of 25,000 residential units and a variety of other
non-residential facilities, including retail space,
recreational centers and public areas
02. parks
The entire north east section of Planetograd
will offer a large selection of outdoor
fitness facilities, including conventional
sports facilities, extreme sports facilities,
handball and volleyball courts, a bike
trail and more.
01. shopping
Residents will enjoy
all amenities within
minutes of their home.
Shopping centers, restaurants,
recreational centers and cafés provide
a focal point of community life.
Population
33.1 million
GDP
$1.27 Trillion
area
9,984,670 km 2
Toronto | 100,000sqm | 140 Residences
#62
Eleven 21
Located in the center of downtown Toronto and bordering one of
the most exclusive stretches of real estate in Canada,
Eleven 21 is a high potential asset.
loor Street, home to the location, Canada-Israel obtained a last 4 years. All suites at Eleven
city's high-end shopping stylish residential building which 21 are rented out to young
area, is a breath away from it redeveloped into an upscale professionals who prefer life in the
the business center of town. In condominium building. Rents in center of the most prominent area
the heart of this advantageous the area have doubled during t h e in Toronto.
65#
Graphic Art
Sitting on the dividing line between the business center
and the entertainment area of Toronto, Graphic Art offers
the best of both worlds to its tenants.
he lively downtown across the street from the Hilton chic young crowds. The building
district of Toronto offers and the Sheraton hotels. It sits on was totally renovated and redeveloped
numerous real estate the virtual dividing line between into small contemporarily-furnished
possibilities. One such location is the bustling business district of apartments which are rented out on a
the reconstructed historic building daytime Toronto and the dynamic short-term basis to a combination of
known today as Graphic Art, just nightlife district catering to the business people and young couples.
Toronto | 40,000 sqm | 40 Residences
Population
303.8 million
GDP
$13.84 Trillion
area
9,826,630 km 2
Manhattan | 24 Stories | 128 Residences
#68
ocated in Manhattan's condominium tower. Half of the of the top floor apartments feature
desirable Upper East Side, apartments are one bedroom appealing an out-door terrace.
this amenity-rich building to young professionals and couples,
features nicely finished apartments although these units may also be The building's main amenities
that have been recently renovated. combined to accommodate larger include a modern fitness center,
Canada-Israel purchased the building families. Most apartments offer a children's playroom, a private
together with Electra Real Estate spectacular views of the city, the cinema room, an outdoor deck,
and carried out a condo-conversion East River and the Triborough Bridge on-site parking and an exclusive
process resulting in a high standard through gigantic windows, and some spa, with sauna and steam rooms.
71#
BP Tower, Cleveland
This 45-story tower is a landmark in the heart of Cleveland. The
design is a twist on the regular tower slab - with an
emphasis on stone rather than glass, its curved shape faces Lake
Erie just a few hundred yards away.
he BP Tower is the district. The architecture of the days. The tower also features an 8-
third tallest skyscraper in BP Tower combines two important story atrium, one of Cleveland's
Cleveland, Ohio, and a local building styles: the "setbacks" on the largest, with numerous fountains
Cleveland, Ohio | 45 Stories | 120,000sqm Office space landmark. The elegant postmodern upper levels are from the art deco and artwork throughout. Canada-
building, designed by Hellmuth, period and the rectangle slab is of Israel co-owns this landmark asset
Obata and Kassabaum, is located the modern age architecture. The with various corporations. The
on Public Square, right in the heart building is a twist on the dull glass property is fully leased on long-term
of downtown Cleveland's business blocks that appear in cities these contracts to upstanding clients.
panama
Population
3.3 million
GDP
$15 billion
area
78,200 km 2
Panama City | 57 Stories | 135 Residences
75#
Panama
Costa Del Este, the newest residential area in
Panama City, is fast becoming the ideal place in which
to invest and enjoy high returns
afe, affordable, with a Panama City with upscale housing high-ceiling lobby. Residents will
perfect tropical climate developments. The neighborhood enjoy amazing views of the sea,
and the US Dollar as includes schools, shopping centers, the park and the city, from the
its local currency, Panama is an banks, an oceanfront boulevard range of apartments planned in
ideal country for investment, and a central park. the tower.
retirement or simply for enjoying
life. Panama's stable economy makes With a majestic exterior and interior Park Avenue Tower will offer all
it a truly attractive venue for design, this 57-story, 135-apartments the amenities needed to enjoy a
business. The Park Avenue Tower, tower designed by Mallol & Mallol unique, high-quality lifestyle,
a development owned by the group, Architects, will welcome its residents including a 3000sqm social area,
is located in Costa del Este - with a flourishing garden on the swimming pools, and a meditation
the newest residential area in ground level leading into a triple- garden on the rooftop.
#76
a triple-high-ceiling lobby.
Residents will enjoy amazing
in the tower.
germany
Population
82 million
GDP
$3.1 trillion
area
357,092 km 2
Chemnitz, Germany |5,000sqm Commercial areas
81#
Chemnitz
In the heart of
one of the fastest
growing cities in
Germany today,
the group acquired
an historic asset
and infused
it with high-yield
potential.
Hohenshtein-Ernstthal Leipzig
The birth place of world famous writer Karl May Staying true to its mission of identifying
is also a place where the group saw the potential of investing prime real estate prospects, the group invested in the heart
in historical buildings. of Leipzig's vibrant city center.
eipzig, with a population of and numerous foreign students. The a highly profitable asset, while
over 500,000, is a dynamic city's bustling commerce and high repositioning the renters' profile
Hohenshtein-Ernstthal, Germany urban center and a location tourism figures make it a tremendous and achieving full occupancy. The
7,000sqm Commercial areas offering high-quality life in the heart investment potential. The group building is just a five minutes walk
of Europe. The city of Leipzig enjoys acquired a 10-story building with from the train station, and close to
high migration rates, including young nearly 440 apartments in the center the city's famous zoological gardens,
people who wish to settle in the city of Leipzig, and redeveloped it into national park and shopping malls.
ohenstein-Ernstthal is a heavy industry, services, software built in 1911, as the entire insides
town of 16,500 inhabitants, and IT companies. The group were completely refurbished. The
and only 16km from purchased this 7000sqm asset, building has been re-leased to
the center of Chemnitz. The entire which is protected as an historical the District Family Court and
area is undergoing tremendous monument. Today, only the façade other public offices on a long-
growth, due mainly to the entry of remains from the original building term basis.
Czech
Republic
Population
10.3 million
GDP
$176.5 billion
area
78,866 km 2
Visocka, Czech Republic | 1,400,000sqm | Spa, hotel & golf resort | 300 Residences
87#
Visocka
In the idyllic setting of the Czech Republic,
the group is creating "Pastoral" -
a luxuriously designed spa hotel and golf
resort catering to affluent locals
and tourists alike.
Population
38 million
GDP
$420 billion
area
312,685 km 2
#90
Serock
Close to Warsaw, surrounded by lovely lakes, forests and
recreational facilities, the group is planning a fully designed
residential neighborhood of high standards.