Shlomo Grofman (Hebrew: שלמה גרופמן) is an Israeli businessperson known for his work in the real estate industry.
The fund, with a capital of 90 million US dollars, focuses on real estate development investments in Israel.
[2] From 1978 to 1996 Shlomo Grofman served as managing director and CEO of Africa Israel Investment Company Ltd.[5] During Mr. Grofman's tenure, Africa Israel has developed into a conglomerate with substantial holdings and interests in real estate development and construction, insurance, industry, energy, hotels and tourism.
While Mr. Grofman led Africa Israel, he initiated and supervised highly prosperous investments in residential development, office buildings, shopping malls, industrial parks and hotels.
These neighborhoods and the brand name Savion have become a synonym for a modern, high standard, fully equipped residential environment.
Shlomo Grofman established and developed two major hotel chains in Israel – Holiday Inn and Howard Johnson.