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About Summit

What We Do

At Summit Real Estate Group, we specialize in initiating, developing, holding, and expertly managing our own yielding properties across various sectors, including Residential, Retail, Offices, Logistics, and Cold Storage facilities. Our group comprises listed companies in the capital markets of Israel, London, Frankfurt, and Luxembourg, showcasing our commitment to global excellence. We uphold the highest ethical standards, fostering transparency and trust in all our interactions.  

Summit’s portfolio is managed by the Group’s internal asset management platform with a strong track record. The US portfolio's property management is co-managed with local managers. Summit is rated BB+ by S&P and Ba1 by Moody’s and bonds are rated BBB- by S&P.

We Acquire

Our expertise lies in identifying prime real estate opportunities globally, carefully selecting properties with high yield potential.

We Hold

As dedicated property owners, we are committed to long-term success and growth of our portfolio.

We Internally Manage

Our proactive property management approach ensures the efficient operation of our diverse portfolio of properties, spanning the USA, Germany, and Israel.

We Develop

Through strategic development initiatives, we enhance the value and performance of our real estate assets.

We Invest

Our investment strategies are designed to optimize returns for our investors while contributing to the growth of communities where our properties are located.

Our Team

Tomer Pomeranz, CEO of Summit Properties USA

Tomer Pomeranz

CEO

Tomer Pomeranz, our CEO, brings over 15 years of business management and capital markets experience to Summit.

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Denis Nezaj, COO of Summit Properties US

Denis Nezaj

COO

Denis Nezaj, our Chief Operating Officer leads and oversees the company's operational functions and strategic initiatives.

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Itay Barlev portrait, CFO of Summit Properties

Itay Barlev

CFO

Itay Barlev, our CFO, joined Summit Properties in 2014 as a certified public accountant (CPA). His extensive background includes reporting, budgeting, real estate transactions, financing and refinancing, and internal control procedures.

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Maya Miteva Portrait, Head of Sales & Acquisitions at Summit Properties USA

Maya Miteva

Head of Sales & Acquisitions

Maya Miteva, our Head of Sales & Acquisitions and CEO of Deutsche Real Estate AG, joined Summit in 2018. She has been instrumental in leading asset acquisitions and participating in M&A transactions.

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Ori Levy

Head of Development

Ori Levy, our Head of Development. With a background as a Certified Public Accountant (CPA) and experience gained from prestigious big four accounting firms, Ori offers a unique perspective to our team. He has dedicated over five years to the world of real estate, where his expertise spans operations, in-depth analysis, acquisitions, and development.

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Gil Zochovizky, Head of Strategy and Analytics at Summit Properties USA

Gil Zochovizky

Head of Strategy and Analytics

Gil Zochovizky, our Head of Strategy and Analytics, boasts over 20 years of experience in finance and legal fields.

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Join Our Team

Looking for a new professional challenge?
Please contact us about joining the Summit team. We are looking for qualified professionals with a strong work ethic and a proven track record of success in their career.

— See open positions —

Our History

2003: A New Beginning
Zohar Levy gained control over Summit; a company founded in 1965. Israeli insurance companies and institutional investors joined as shareholders.
2005-2007: Strategic Growth
Our company embarked on a journey of real estate acquisitions totaling approximately €2.5-3 billion in Germany during this period.

Summit Properties Ltd. was first issued in London and successfully raised equity of approximately €350 million.

We made a significant move by acquiring Deutsche Real Estate AG, a publicly traded company on the Frankfurt Stock Exchange, solidifying our presence in the German market.
2008-2009: Expanding Horizons
During this time, we expanded our internal management platform in key German cities such as Berlin, Frankfurt, and Hamburg.
2014-2020: Continued Growth
Our commitment to expansion led to further real estate investments of approximately €500 million in Germany.
2021-2022: International Expansion
We successfully sold a €1.0 billion portfolio of properties in Germany, marking a significant achievement in our journey.

Summit made a strategic entry into the US real estate market, with investments exceeding $1 billion in residential buildings in NYC and retail properties across the United States.
Montgomery Mall Wegmans entrance
2023: The Ongoing Pursuit
Our focus remains on continuous growth, with ongoing acquisitions, refinancing, the strategic disposition of non-core assets, and the expansion of our talented management team in the United States.
North Town Mall Aerial view