DiCaprio holds a 10% stake in the project, while the remaining shares are owned by the Hagag Group and brothers Ahikam and Lior Cohen.
Hollywood actor and environmental activist Leonardo DiCaprio, in partnership with the Israeli real estate firm Hagag Group, is moving ahead with plans for a massive eco-luxury hotel at Herzliya Marina, along Israel’s central coast just north of Tel Aviv.
According to the Israeli business daily Globes, the Tel Aviv District Planning and Building Committee has approved construction of the 51,000-square-meter project.
DiCaprio, who dated Israeli supermodel Bar Refaeli from 2005 to 2011, holds a 10% stake in the project, while the remaining shares are owned by the Hagag Group, and brothers Ahikam and Lior Cohen.