We shape our buildings and afterwards our buildings shape us.

— Winston Churchill


Elakari Estate is a German based privately owned company, established at the end of the last century, as the European arm of a market leader global textile and license company. Following the sale of the group’s textile operations, Elakari began solely persuing with what was, up until then, a relatively small operation of real estate holding and development.

For the past decade, Elakari Estate specialized in real estate focused in European activity mostly in commercial buildings. Today Elakari is about to broaden its real-estate portfolio by investing in real estate solutions for Post Covid-19 offices such as affordable living, smart retirement and contemporary living. Elakari Estate is entrepreneurial driven and working as co-investor and developer in one, providing ongoing and long-term management of assets. Elakari Estate is part of the international Elakari Group/ Must Holding, based in Singapore with activities and investments spread throughout Asia, the US and Western Europe.



    We work truly international with a proven network of banks, co-investors and business partners in three continents.

    We believe a business should be deeply rooted in the culture and standards of a country and thus be guided by local expertise and management.

    We believe in cross-leveraging our resources in search of horizontal or vertical scale.

    We do not believe in trend hopping but rather watching out for long-term, sustainable currents in market development, customer expectation and societal or life style changes.

    We believe in differentiation and pay emphasis to tier one locations, high standards in architecture and design quality, as well as constant improvement in eco-friendliness and sustainability.

locations of investments



The founders and the managers of Elakari Estate and Elakari Group/Must Holding have more than 30 years experience in operational business with consumer product and licensing, and a solid understanding of the European market.

Elakari | People Adi Haft FOUNDER/MD

Adi has an Agricultural Mechanical Engineer Graduation from the Technion university in Israel as well MSc in Environmental Engineering from the Technion university in Israel. He is working on his research during the PhD Environmental studies in the Hebrew university in Israel. 

A global entrepreneur and founder of several successful commercial companies and Co-founder of TV Mania Europe, the leading textile company in kids apparel licensing.

Elakari | People Simon T Doyev FOUNDER/MD

Simon has a BA in Marketing & Sales from the Tel Aviv university, Israel.

A global entrepreneur and founder of several successful commercial companies and Co-founder of TV Mania Europe, the leading textile company in kids apparel licensing.

Elakari | People Andreas Niedergesäss MD

Andreas has a Diploma in Economics, Marketing and Trade from the University of Applied Science, Düsseldorf, as well a professional qualification in Public Relations, Social Media and Advertising.

A creative senior business leader and global entrepreneur with broad experience in business development, branding, and consumer product strategies with multinational corporate and privately-owned ventures up to €340M retail turnover.

Elakari | People Moshe Abraham CFO

Moshe has a Bachelor’s Degree in Economics and Mathematics from the University of Tel Aviv, as well as a Bachelor’s and Master’s in Engineering and Industrial Management from Ben Gourion University.

Throughout his career he was CFO in companies operating in an international context with invoicing above 120M €. For the past 3 years, he has been leading real estate investments in foreign ground.

Elakari | People Hila Fisher COO

Hila has graduated in Business and Economics at Tel Aviv university.

With 15 years of experience in financial management and global real estate markets, Hila has managed over 30 international projects covering more than 350.000 sqm in different locations around the world.


Elakari GmbH/Elakari Estate GmbH
Rheinpromenade 11
40789 Monheim / Germany

+49 2173 895 68 10