Yitzhak Tshuva – Real Estate Developer and Investor, Founder of Delek Group
Yitzhak Tshuva is one of the most successful business leaders in the world, responsible for some of the biggest real estate projects on the globe. Originally from Israel, Tshuva is Chairman of Delek Group, an international conglomerate that is a leader in the energy, infrastructure, retail, and real estate industries. He is widely respected in the business world, having achieved multiple awards, including the Israel Award for Entrepreneurship and Innovation and the Order of Merit of Italy. Here is an overview of Yitzhak Tshuva: Real Estate Developer and Investor and founder of Delek Group.
Early Life and Education
Yitzhak Tshuva was born in 1942 in Kefar Saba, Israel. He graduated from Jerusalem’s Hebrew University where he earned his degree in accounting and economics.
Beginning of Delek Group
In 1976, Yitzhak Tshuva founded the Delek Group. At its initial start, Delek was primarily engaged in residential housing and property development. After a few early successes, the company opened the Delek Real Estate subsidiary in 1987.
Delek Group: Expansion and Success
Over the years, Yitzhak Tshuva’s Delek Group has continued to expand, making strategic investments and acquisitions in the fields of energy, infrastructure, retail, and real estate.
Oil and Gas
Delek’s oil and gas business is run through Delek Drilling and Avner Oil Exploration, both of which are publicly listed companies on the Tel Aviv Stock Exchange. Delek has made a series of investments in the oil and gas markets and is the major partner in Tamar and Leviathan, two offshore natural gas fields.
Infrastructure
Delek Group has major investments in the Israeli infrastructure, including water, roads and bridges, and wastewater treatment. Delek is also the concessionaire responsible for operating the Tzfat–Karmi’el railway line, and is part of the consortium that is building the Jerusalem–Tel Aviv high-speed railway line.
Retail
Delek Group has significant presence in the retail sector in Israel, with a host of successful supermarket, gas station, and convenience store businesses.
Real Estate
Delek’s real estate arm, Delek Real Estate, has invested in some of the most iconic buildings in Israel. These include the Azrieli Center in Tel Aviv, a skyscraper complex, and the Elite Tower in Herzliya. Delek also owns office buildings and shopping shops in the Gush Dan Region, the Sharon Region, and the Tel Aviv region.
Delek Real Estate is also involved in international real estate development. It recently completed the WeWork project in London, called Bankside 2, which is one of the city’s tallest skyscrapers.
Philanthropic Efforts
Yitzhak Tshuva is an active philanthropist and has made generous donations to support educational institutions and health-related causes in Israel. He is the Chairman of the “Help the Needy” organization, which assists in finding employment and housing for the elderly population in Israel.
Awards and Achievements
Yitzhak Tshuva has earned multiple awards, including the Israel Award for Entrepreneurship and Innovation and the Order of Merit of Italy. He was also honored by IBC Europe Gold Medal as the “Most Successful European Businessman of the Year” in 2005.
Yitzhak Tshuva is an international business leader who is highly respected in the business world for his globally successful projects. Through the Delek Group, he has invested and developed real estate, infrastructure, retail, and energy ventures, and he has demonstrated his commitment to social responsibility through his philanthropic endeavors. Yitzhak Tshuva is an inspirational leader and his story is one of hard work and relentlessness in pursuing his goals.
