A Jewish-French entrepreneur purchased two floors in the Daniel Tower in Tel Aviv for a sum of 119 million shekels. The deal, executed by the entrepreneur residing in Paris, includes the 14th and 16th floors of the tower located at 7 HaYarkon Street, near the promenade. The average price per floor stands at about 59.5 million shekels, with the floors sold in a shell condition, requiring additional investment for finishing works. The tower, designed by Yashar Architects, will include 24 floors, 57 apartments, and a boutique hotel with 81 rooms, alongside facilities such as a spa and a rooftop swimming pool. The deal reflects a price of over 145,000 shekels per square meter, while prices for other apartments in the tower hover around 173,000 shekels per square meter. The project is located in the heart of the Kerem HaTeimanim neighborhood, and construction began after the demolition of the old buildings on the site. The project also includes public spaces that will be handed over to the municipality as a condition for occupancy.
French high-tech entrepreneur purchased two floors in Tel Aviv for about 120 million shekels
Source Globes
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