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הדמיית חוץ אווירית של בניינים ומבנים בעיר
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Blue Square Real Estate (BSRE)
Leading Israel’s Real Estate Market

BSRE is at the forefront of the Israeli real estate industry, employing a strategy that combines innovation, development, and the improvement of commercial properties, shopping malls, logistics centers, and office towers. The company also undertakes residential, mixed-use, and urban renewal projects in high-demand regions.

BSRE is currently expanding its urban renewal activities and expects to build around 7,000 new apartments in more than 20 complexes across Israel, adapted to changing market trends. The company is known for leading complex projects of a very high standard, while always taking an innovative approach with strategic management.

הדמיית חוץ של בניין וברקע נוף העיר עם בניינים ומבנים
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הדמיית חוץ אווירית של בניינים ומבנים בעיר
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It is listed on the TA-125 and TA-90 indices, presenting financial stability based on many years of experience. The BSRE property portfolio includes some 115 income-producing properties spanning around 500,000 sqm, with a total value of approx. NIS 8.6 billion.

Financial strength, combined with extensive experience and a top professional team, enables BSRE to maximize its business potential and create enduring value for investors. Its expertise in leading complex projects and managing properties at a very high standard have positioned BSRE as a major player in Israel’s real estate landscape.

הדמיית חוץ בניניים
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צילום פנים של חניון
צילום חוץ כניסה לקניון עם שלט ״tlv״ ובניינים
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הדמיית חוץ בניניים
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Legacy of trust Future of Innovation

BSRE is spearheading Israeli urban planning with a strategic concept that integrates business excellence with an exciting vision for the future. Standing at the forefront of the real estate field, the company views urban spaces as an opportunity to create a state-of-the-art environment that combines commercial, business, and residential uses in an intelligent manner. By identifying emerging trends and possessing a deep understanding of changing market needs, BSRE is shaping the future of the real estate market.

צילום חוץ כניסה לקניון עם שלט ״tlv״ ובניינים
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Financial Strength

Blue Square Real Estate (BSRE) is one of Israel’s foremost real estate companies, with decades of experience in the capital market. Listed on the Tel Aviv Stock Exchange, the company is known for its financial stability, low leverage, and consistent focus on improving its assets and generating growth in strategic locations, while being fully transparent with its investors. Thanks to careful capital management and a responsible approach to business, BSRE continues to create value over time, even amid turbulent market conditions.

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Management

תמונת פרופיל מרדכי (מוטי) בן משה יו״ר דירקטוריון

Mordechai (Moti) Ben-Moshe

Chairman
תמונת פרופיל ארתור לשינסקי מנכ״ל

Arthur Leshinsky

CEO
תמונת פרופיל עוֿ״ד הגר גורי סמנכ״ל ויויעצת משפטית

Adv. Hagar Guri

VP and Chief Legal Counsel
תמונת פרופיל גיא בורנשטיין סמנכ״ל כספים

Guy Bornstein

CFO
תמונת פרופיל רוני חורש סמנכ״ל שיווק, מכירות וקשרי קהילה

Ronny Horesh

VP of Marketing, Sales, and Community Relations
תמונת פרופיל מוטי רונס סמנכ״ל פיתוח עסקי

Moti Rones

VP Business Development & Urban Renewal
תמונת פרופיל גדי סרי סמנכ״ל הנדסה

Gadi Seri

VP of Engineering
תמונת פרופיל עדי קדרון ראש מטה מנכ״ל חברה

Adi Kedron

Chief of Staff to the CEO
תמונת פרופיל רונן פלד מנהל מערכות מידע

Ronen Peled

Chief Information Officer (CIO)

Board of Directors

The Board of Directors at Blue Square Real Estate leads the company's business strategy while maintaining international standards of business excellence. The board members, among Israel's leading experts in real estate, finance, taxation, and strategic management, bring proven experience in leading complex transactions and large-scale development initiatives.

Limor Atar Rosenbuch

Director

Alex Sorezko

Director

Ori Lazar

External Director

Oded Nagger

Director

Yaakov Navon

דירקטור חיצוני (מוסמך במשפטים)

Mordechai (Moti) Ben-Moshe

Chairman

The Chairman of the Board of Blue Square Real Estate is businessman Mr. Moti Ben-Moshe, who has controlled the company through Alon Blue Square Israel Group since February 2016. Mr. Ben-Moshe is also the owner and Chairman of Extra Holding, which operates in the fields of energy, software, real estate, tourism, and communications across various European countries, primarily in Germany, through Extra Israel Group and Alon Blue Square Israel. Among his holdings, Mr. Ben-Moshe owns and controls the energy, real estate, and retail group Dor Alon, as well as Dor Gas, am:pm, Naaman, Vardinon, Extra Public Transportation, and more. He is a graduate of Nehalim Yeshiva and studied economics and accounting at Bar-Ilan University before founding the software and billing company Cyber Jet, which primarily operated in the German market.

Mr. Arthur Leshinsky

CEO

Arthur Leshinsky, the company’s CEO, brings nearly two decades of extensive experience in real estate, mergers and acquisitions, finance, and capital markets. Prior to his appointment as CEO, he served as a board member of Melisron and as CFO of the Ofer Group, where he was responsible for the residential sector and the company’s international operations. Before that, he held the positions of Deputy CEO and CFO at Blue Square Real Estate. Before joining Blue Square Real Estate, Mr. Leshinsky served as CFO of the Hagag Group and held senior management positions at Africa Israel Group. In addition to being a certified public accountant, Mr. Leshinsky holds a bachelor’s degree in Law and Business Administration.

Adv. Hagar Guri

VP and Chief Legal Counsel
Serving as Vice President, Chief Legal Counsel, and Corporate Secretary since 2022, Guri brings extensive legal expertise in real estate, finance, and corporate governance. Before joining the company, she was a partner at the law firm Erdinast, Ben Nathan, Toledano & Co. with Hamburger Evron, where she gained significant experience in handling complex real estate transactions and commercial litigation. Guri is responsible for overseeing the legal aspects of strategic transactions, managing regulatory processes, and ensuring adherence to corporate governance principles. She holds an LLB in Law and has been a member of the Israeli Bar Association since 2000.

Guy Bornstein

CFO
Serving as CFO of Blue Square Real Estate, Bornstein oversees the company's entire financial operations. With over 15 years of experience in finance, he previously held key positions, including CFO at Aspen Group and Chief Accountant at Tescom. He specializes in financial management, strategic planning, and real estate financing. Bornstein is a certified public accountant and holds a bachelor's degree (BA) in Business Administration with a specialization in Accounting from the College of Management Academic Studies.

Ronny Horesh

VP of Marketing, Sales, and Community Relations
Heading the company's Marketing, Sales, and Community Relations Division since December 2023, Horesh brings extensive experience in the real estate sector. Her background includes a decade of key roles at the Tidhar Group, as well as serving as VP of Marketing and Sales at "Anshei Ha'Ir." She specializes in developing innovative marketing strategies, managing sales operations, and fostering community engagement—creating unique value for the company's clients and stakeholders.

Moti Rones

סמנכ"ל פיתוח עסקי והתחדשות עירונית

Joining the company as VP of Business Development in April 2024, Rones specializes in identifying real estate opportunities and managing complex transactions. Prior to joining Blue Square Real Estate, he served as CEO of TG Renewal, where he oversaw business development and planning across various real estate transactions. Between 2020 and 2022, he held the position of VP of Business Development at ICR Israel Canada Ram Holdings Ltd., leading development and urban renewal projects. Rones holds a bachelor's degree (BA) in Economics and Business Administration.

Gadi Seri

VP of Engineering
Appointed as VP of Engineering in August 2024, Sari brings a decade of experience as a partner at Waksman Group (2014-2024). His expertise spans various sectors, including residential buildings, office spaces, commercial properties, medical institutions, and logistics centers. In his role, Sari is responsible for the planning and execution of the company’s projects, ensuring the implementation of international standards and advanced engineering solutions. He holds a Bachelor of Science (BSc) in Civil Engineering from the Technion and a Master of Business Administration (MBA) from the Hebrew University of Jerusalem.

Adi Kedron

Chief of Staff to the CEO
Serving as Chief of Staff to the company's CEO since 2025, Kedron brings a unique combination of legal and financial expertise. Her professional background includes serving as Deputy CFO at Blue Square (2024-2025) and experience at the law firm Amit, Pollak, Matalon & Co. Her specialized training enables her to efficiently manage strategic processes at the intersection of law and finance. Kedron is both a certified attorney and CPA, holding a dual bachelor's degree in Law (LLB) and Business Administration (BA) with a specialization in accounting from Reichman University.

Ronen Peled

Chief Information Officer (CIO)
Serving as Chief Information Officer (CIO) of Blue Square Real Estate since March 2024, Peled drives the organization's objectives through advanced technological solutions while ensuring cybersecurity and implementing digital innovation. With approximately 25 years of professional experience, he has held key managerial positions in leading organizations. His expertise in deploying cutting-edge information systems and digital asset management platforms serves as a strategic asset in the company's business development. Peled holds a Bachelor of Science (BSc) degree in Industrial Engineering and Management.

Limor Atar Rosenbuch

Director
Attorney Limor Atar Rosenbuch possesses extensive legal expertise and substantial experience in securities and corporate law, managing board activities, corporate governance, and providing comprehensive, ongoing legal services across all aspects of publicly traded companies. She previously served as Vice President and General Counsel at Alon Blue Square, as well as Corporate Secretary, where she led complex legal processes, IPOs, financing transactions, and other sophisticated transactions characteristic of holding companies, including corporate acquisitions and participation in significant tenders, as well as managing real estate transactions. Her experience includes advising on strategic projects and leading corporate governance processes. She holds an LLB from Tel Aviv University and a bachelor's degree in Criminology and Political Science from Bar-Ilan University. Previously, she was a partner at Goldfarb Seligman & Co. (now Goldfarb Gross Seligman), Israel's largest law firm.

Alex Sorezko

Director
Mr. Alex Sorezko leads financing and business development activities at Alon Blue Square and Extra Real Estate Finance. He specializes in market analysis, identifying investment opportunities, and managing real estate transactions. His professional experience includes financial planning and management of large-scale real estate projects. He holds a BA in Economics and Business Administration and an MA in Business Administration with a specialization in Finance from Ben-Gurion University.

Ori Lazar

External Director
CPA Ori Lazar has unique expertise that combines comprehensive financial and legal insight. As a senior partner at the CPA firm Strauss Lazar & Co., Lazar leads financial advisory processes for public real estate companies. His expertise includes tax planning, real estate financing, and strategic consulting. He holds a bachelor's degree in Business Administration and Accounting, a law degree (LLB), and an MBA from Tel Aviv University.

Oded Nagger

Director
Mr. Oded Nagger has extensive managerial and financial experience, including in the real estate sector, both locally and internationally. In his various roles, Nagger has led complex financial processes, capital raising, investments, organizational restructuring, strategy, and business development for leading companies. His professional experience includes investment management, business development, financing, and financial advisory for advanced real estate projects. He holds a bachelor's degree in Accounting and Economics and an MA in Business Administration, specializing in Finance and Banking, from the Hebrew University of Jerusalem.

Yaakov Navon

דירקטור חיצוני (מוסמך במשפטים)
מייסד ושותף בכיר בפירמת נבון ויספלד רואי חשבון. רואה חשבון, בעל תואר שני במשפטים (LLM) מאוניברסיטת בר אילן, ותואר ראשון בחשבונאות וכלכלה מהאוניברסיטה העברית. לרו"ח נבון מומחיות בביקורת חיצונית ופנימית, עריכת סקרי סיכונים וניהול סיכונים. וכן הובלת תהליכי ביקורת בתחומי אבטחת מידע וסייבר. מכהן כדירקטור בחברות ציבוריות וממשלתיות וכחבר מותב בוועדה לאכיפה מנהלית ברשות ניירות ערך.
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