HOF HATZUK, TEL AVIV

Acquisition: 2015

The plot, some 20,000 sqm large, privately owned, is located on the corner of Shimon Samet and Herzel Rosenblum Streets, Tel Aviv.

The "West" apartment hotel, which includes some 161 residential units (over 13 floors), is located on a gross area of approx. 13,000 sqm of the plot.

The current zoning plan allows, in addition to the existing building, the construction of an additional approx. 18,000 sqm.
 
The site, which currently has a hotel and recreation designation, has significant enhancement potential.