The property's value is assessed at NIS 70-90 million.
A selection of recent real estate deals in Israel including in Jerusalem, Ramat Gan, Kfar Saba, Netanya, and Beersheva.
Investment house Altshuler Shaham already holds 8.7% of the income producing real estate company.
After falling for most of the past year, home prices rose for the second successive month, while the Consumer Price Index rose less than expected.
The Central Bureau of Statistics reports a 1.8% increase in the stock of unsold housing.
Housing prices in Tel Aviv fell 9% in 2017-2018, the Ministry of Finance reports.
It is unclear whether Kahlon supports a rate hike, especially as it would hit mortgage holders.