In meticulous conservation process, the company restored the former Jerusalem Hotel building, renamed the Drisco Hotel, on Orbach St. in Tel Aviv. The wooden house that was once the mythical Keren Restaurant is now a part of the hotel. Adjacent to the hotel, the company has built a 60-unit residential complex, which is sold out.
The 43 rooms and suites hotel gained its status as one of Israel’s leading boutique hotels, accompanied by its chef restaurant, George & John’s.
Holdings: The company’s share in the building is 33%.