Having background in real estate development as well as other industries such as hospitality, high-tech and start-ups allows our  team to evaluate and develop projects from different perspectives and thus brings strategic know-how and operational efficiency.
Along with sharing understanding and passion for real estate our team puts a great value on mutual growth, diversity and sustainability.

Dov Scharfstein

Founder & Chairman

Dov is the visionary and driving force behind the group. He is responsible for strategic decision making and relationship management. Dov started his career in real estate in 1980 working for large family offices as a portfolio manager, real estate developer and investment banker. Since 1990, he is based in Berlin and has been involved in various projects and investments contributing to German growth post reunification. He has successfully executed to multiple large projects in Europe, USA, South America and Israel.

Orren Cohen-Blumenkranz

Director of Operations

Orren is in charge of the day-to-day operation of the company and assisting the managing director with his operational tasks. Orren has studied politics and international relationship in Israel and has years of experience in the hotel business. He worked for international hotel companies in Israel and Germany and was serving as a general manager of a hotel in Berlin in his previous position.

Liliana Dlugosch


Liliana joined the team in 2018 and is in charge of the bookkeeping and general administrative issues. She has more than 15 years of experience and has worked in various construction companies with a focus on Eastern Europe before joining our team.

Evgenia Dobrovinska

Business Development

Evgenia joined the team in 2016 and has been responsible for analyzing of potential projects and managing current portfolio. She holds a BA in business administration from the Technical University of Munich and has worked for major IT companies and startups before transitioning to real estate.

Shai Scharfstein

Managing Director

Shai oversees both strategic and operational aspects of the group’s activities. He also serves on the boards of the various subsidiaries of the group. Since joining the group in 2005, Shai has worked on various complex and large transactions. While being responsible for the overall portfolio of the group he has expanded its geographical footprint, project sizes and financial partnerships.

Stephan Weber

Head of Project Development

Stephan has 30 years of experience in the real estate industry and is a member of the chamber of architects in Berlin. He has vast international experience, and worked in Europe, the Middle East and Africa. His Main Focus: Project management of major scale projects, Commercial Real Estate, Urban Development and corporate asset management. Selected references in Berlin are the Sony Center and the recently completed ‘Westlight’  and in Abu Dhabi  Zayed University, Sorbonne University and New York University working with Mubadala and Executive Affairs Authority on turn key ready solutions.

Lazar Adinaev

Administration Manager

Lazar  is in charge on the day to day property management. He has experience managing residential portfolios in Germany, he also worked 6 years in Moscow in a business centre. Until recently he was in charge of real estate management of more than 1000 flats in Berlin.

In addition to our core team, we work with various partners on transaction structuring, legal and domain expertise. Please refer to our partners page to learn more.