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The Supervisory Board of Ronson Development appointed the current member of the company’s Management Board, Boaz Haim, to the position of the President, which he will take over on 1 December this year, said the company. He will replace Nir Netzer, who a few weeks ago announced his resignation from his function, about whom we informed at that time.
12 years of experience in real estate investments
Boaz Haim is an Israeli lawyer with 12 years of experience in real estate investments. In 2005 he graduated from Sha’arei Mishpat College (now the Academic Centre for Law and Science) with a degree in law. He is also a graduate of Bar-Ilan University in Ramat Gan, where he completed postgraduate studies in Conflict Resolution, Management and Negotiation. He started his professional career in 2007 in J.D. Shachor, where he specialized in real estate law. Three years later he started his professional practice as an attorney in Tik, Gilad, Keynan, where he became a partner and managing partner in 2017.
Since April this year. Boaz Haim is a member of the Management Board of Ronson Development, which currently also includes Andrzej Gutowski, Vice-President and Sales and Marketing Director, Rami Geris, Vice-President and Chief Financial Officer (CFO) and Alon Haver, who has been a member of the Management Board since 2017.
Nir Netzer, who resigned as CEO in September, will continue to perform his duties until the end of November, with the aim of smoothly transferring them to his successor.
800 apartments in 2019
Ronson Development sold 160 apartments in the third quarter of 2019, compared to 203 in the same period in 2018. For the first three quarters of 2019, unit sales reached 505. As for handovers, Ronson handed the keys to 100 apartments in Q3, and to 534 in Q1-Q3 2019.
Projects completed in the first half of 2019 will account for the biggest chunk of Ronson’s revenue for the third quarter. They include new phases of Nova Krolikarnia in Warsaw’s Mokotow district (22 handovers) and Vitalia in Wroclaw (18), as well as City Link I and City Link II in Warsaw (42), projects in which Ronson has a 50% stake.
Ronson stands by its target to sell about 800 apartments in the full year.