French Tech Entrepreneur Buys Two Floors in Tel Aviv Tower for 119 Million Shekels

A Paris-based high-tech entrepreneur purchased two floors in Tel Aviv's Daniel Tower for NIS 119 million. The Yossi Avrahami Group project features residences and a boutique hotel.

French Tech Entrepreneur Buys Two Floors in Tel Aviv Tower for 119 Million Shekels
Photo: nafrenkel88 / Flickr (CC BY 2.0)

A French-Jewish high-tech entrepreneur residing in Paris has purchased two floors in the Daniel Tower in Tel Aviv for NIS 119 million from the Yossi Avrahami Group. Located at 7 HaYarkon Street near the promenade, the 24-story tower combines residential apartments and an 81-room boutique hotel.

According to market data, the transaction covers the 14th and 16th floors of the tower, averaging NIS 59.5 million per floor. The spaces were sold in shell condition, and millions of additional shekels are expected to be invested in architectural finishing and interior adjustments. The deal was brokered by Yehuda Marciano.

The Daniel Tower project, designed by Yashar Architects, will feature luxury amenities including a spa, a rooftop swimming pool, concierge services, a fitness room, a Pilates studio, a business lounge, and a private cinema. The development is situated on the western edge of the Kerem HaTeimanim neighborhood between HaYarkon, Nechemia, and Daniel streets.

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