Danna Azrieli


Danna Azrieli Hakim (Hebrew: דנה עזריאלי; born 3 June 1967; Montreal, Canada) is a Israeli real estate developer, and philanthropist. Since 2014 Azrieli has been Chairwoman of Azrieli Group,[2][3] the largest publicly traded real estate company in Israel.[4] Azrieli is also Chairwoman of the Azrieli Foundation (Israel), and a member of the Azrieli Foundation (Canada). She is also board member of the Weizmann Institute of Science, Tel Aviv University, and the Darca schools. She has an estimated net worth of $1.9 billion.[5]

Danna Azrieli
Born(1967-06-03)June 3, 1967
NationalityIsrael, Canada
EducationSwarthmore College (B.A.)
Vermont Law School (Juris Doctor (JD))
OccupationReal estate developer and philanthropist
Spouse(s)
Danny Hakim
(m. 2003)
Children2
Parent(s)David Azrieli, Stephanie Lefcort
FamilySharon Azrieli[1]

Early life and education

Azrieli was born in Montreal, Canada. She is the youngest daughter of Stephanie and the late David Azrieli, Canadian real estate developer, and philanthropist.[6][7] She holds a B.A in Sociology and Anthropology, from Swarthmore College in 1990, and a Juris Doctor (JD) from Vermont Law School, in 1993. Upon immigrating to Israel, Azrieli worked at Gornitzky & Co. during the years 2000-2002 before she joined the Azrieli Group.[2][8]

Career

Before appointed as Chairwoman of Azrieli Group, Azrieli worked in Canpro Investment Ltd., the family's then North American real estate business arm, initially managing the business in the United States until immigrating to Israel in 2000. From 2006, Azrieli was a director of Granite HaCarmel, and of its subsidiaries, Tambour, Sonol, Supergas and GES.[9] Azrieli was appointed as deputy Chairwoman of the Azrieli Group in 2010, when the company went public. Azrieli went on to act as Chairwoman of the Azrieli group in 2014 and was officially appointed to the role following her father's death.[10]

Under the leadership of Danna Azrieli, the company increased its market capitalization from NIS 12 billion to a value of NIS 37 billion.[11][8] Under her management, Azrieli Group build Azrieli Sarona Tower, skyscraper in the Sarona neighborhood, Tel Aviv, Israel[12][13] Under her direction, the company developed Senior housing projects, Palace Tel Aviv, Palace Modiin, and Palace Lahavim and other projects in locations throughout the country like Rishonim in Rishon Lezion, Ramla Mall, Ha'manor in Holon, and Azrieli Town in Tel Aviv.[14] In 2016 Azrieli Group launch Omnichannel retail site, azrieli.com ecommerce website.[15] In July 2019, Azrieli led the company entry into the Data Centers field and acquired 24% of the US-based company Compass for $200 million.[16][17][18] In July 2021 the company acquired Norwegian data centers company Green Mountain Data Centers for NIS 2.8b.[19] Under her leadership, the company also entered other new sectors, including hotels and rental housing.[20][21][22][23]

Philanthropy

Azrieli is the Chairwoman of the Azrieli Foundation (Israel), and is a member of the Canadian Azrieli Foundation, organizations that support a number of education programs, universities, research institutes and medical centers and hospitals.[2][24] In 2004, Azrieli founded, the Azrieli Empowerment program for at risk youth in middle schools for over 4,000 youths across Israel. Since 2018, the program is managed by and run through the Darca schools, where Azrieli also serves as a board member. The Azrieli Foundation committed NIS 110 million to support the Empowerment program and has recently committed another NIS 10 million for a teachers and principals program "ELA" (Educational Leadership Accelerator)[25]

In 2018, Azrieli was the Israeli Chair of the General Assembly of the Jewish Federation Annual Meeting in Israel. Azrieli spearheaded the Tel-Aviv University's Architect competition in 2019, as part of Azrieli Foundation's NIS 75 million donation to establish the David Azrieli School of Architecture in the university.[26] Azrieli sits on many boards among them is on the international Board of Governors of the Weizmann Institute of Science,[27] the Board of Governors of Tel Aviv University,[28] and the board of the Holocaust Claims Conference, which provides grants to organizations that assist Holocaust survivors around the world and promotes Shoah education and research.[29]

Books

See also

References

  1. "Making Philanthropy a Family Endeavour" by Paul Waldie, The Globe and Mail, January 20, 2012
  2. Danna Hakim Azrieli – Chairman, Azrieli Group Ltd, Bloomberg
  3. Company Website, Azrieli Group Website
  4. "TA-RealEstate". tase. tel aviv stock exchange.
  5. "David Azrieli, a master at beating adversity". Financial Post. Retrieved 2020-11-10.
  6. "Interview: David Azrieli". Hadassah Magazine. 2009-08-23. Retrieved 2020-11-10.
  7. Shlomit Lan and Hadas Magen, The Heiress to the Azrieli Empire, Globes English Website, August 12, 2014
  8. Azrieli Group LTD Periodic Report 2010, Azrieli Group LTD website
  9. Danna Azrieli steps in to replace ailing father, Globes, 3 July 2014
  10. Azrieli Group Ltd - Company Info, Bloomberg
  11. "Azrieli Sarona". The Skyscraper Center.
  12. "tower's plan" (PDF). Archived from the original (PDF) on April 19, 2016. Retrieved October 25, 2016.
  13. Shlomit Tsur, Azrieli opens Modi'in sheltered housing project, Globes English Website, October 8, 2018
  14. Azrieli.com Website
  15. Aviv Levy and Shany Moses, Azrieli invests $135m in North American data centers, Globes Website, July 18, 2019
  16. Reuters Staff, Israel's Azrieli buys stake in data centers firm Compass for $135 million, Reuters Website, July 18, 2020
  17. Omri Zerachovitz (August 2, 2020). "Amazon in talks to build three Israel data centers for NIS 1b". Globes. Retrieved August 3, 2020.
  18. Omri Cohen, Azrieli Group buys Norwegian data centers co for NIS 2.3b, Globes Website, July 19, 2021
  19. Shlomit Tsur, Work begins on Azrieli Center's 'spiral' tower, Globes Website, December 19, 2018
  20. India Block, KPF unveils scrolling supernal Tel Aviv skyscraper that will be Israel's tallest building, January 4, 2019, dezeen website
  21. Naama Barak, Israel's tallest tower to be added to Tel Aviv landmark, Israel21C, December 27, 2018
  22. Tofi Stoler and Billy Frenkel, Scrapped London Skyscraper Set to Dominate Tel Aviv Skyline, Calcalistech website, December 20, 2018
  23. Azrieli Foundation Israel Website
  24. The Azrieli Foundation and the Darca Schools Announce a New Strategic Alliance, Darca schools Website, 2018
  25. for Azrieli School of Architecture building at TAU selected, Jerusalem Post, 4 August 2020
  26. international Board Members, Weizmann Institute of Science Website
  27. Board of Governors Members, Tel Aviv University Website
  28. Board of Directors, Holocaust Claims Conference
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