| Company type | Public |
|---|---|
| TASE: ALRO | |
| Industry | Real estate development, hotels |
| Founded | 1978 (1978) inTel Aviv, Israel |
| Founder | Alfred Akirov |
| Headquarters | Alrov Tower, 46Rothschild Boulevard,Tel Aviv, Israel |
Number of locations | Israel, United Kingdom, France, Switzerland, the Netherlands |
Area served | Worldwide |
Key people | Shmuel Ben Moshe and Meir Alhacham, co-CEOs |
| Website | www |
TheAlrov Group is a real estate development company headquartered inTel Aviv,Israel.[1] It is listed on theTel Aviv Stock Exchange.
The company was founded in 1978[1] byAlfred Akirov, who holds the title of chairman. Its co-Chief Executive Officers are Shmuel Ben Moshe and Meir Alhacham.[1]
In 1995 Alrov purchased the Mamilla Project in the center ofJerusalem and finished the building of the David Village project and the hotel Hilton Jerusalem, that later changed its name toDavid Citadel Hotel.
The construction and development stopped a few times due to archeological research and legal affairs but resumed in 2006.
In 2007, a part of the Alrov Boulevard (the historic Mamilla street) and the Alrov mall opened. In 2009 Mamilla Hotel was opened and in 2010 the project was completed.
The group owns theDavid Citadel Hotel and the Mamilla Hotel (near theMamilla Mall), both of which are inJerusalem, Israel.[2] It acquired the Conservatorium Hotel in Amsterdam and theCafé Royal in London in 2008.[3] In 2010, it acquired theHôtel Lutetia inParis.[2]
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