“Meticulous Planning and Achieving Goals are Milestones for its Success�

[COMMUNICATED CONTENT]

Yerushalayim…The luxury Jerusalem Estates project in the Schneller Compound is entering a�new phase of development, thanks to its meticulous planning and meeting all goals in a timely�manner. The excavation work has been completed and the actual construction of the private�estate within the historic Schneller Compound has commenced after the developers met all�government requirements and received a �building permit� from the municipal authorities.

The planned Jerusalem Estates development is already being labeled in the real estate industry as��unprecedented� for its high standards of construction and overall professionalism in such a�coveted location. The very fact that this completely enclosed private complex in the famed�Schneller Compound is also centrally located has contributed to its lofty reputation already at�this stage of its development. It is only minutes away from the world-wide Torah and Chassidic�centersin some of the celebrated hallowed communities in central Yerushalayim.

In announcing the beginning of the construction of the complex, Yehuda Feigin, a noted world�class architect, said: �When one builds such a high-class project, it is imperative to factor in�every possible nuance prior to implementation.� He added: �We conducted countless strategic�meetings with a galaxy of outstanding professionals who helped form a blueprint of excellence, a�complete and scrupulous set of plans, as well as specific milestones and goals, which were all�met to date.� Mr. Feigin explained that this level of planning and professionalism never before�experienced in the religious community extended to all phases of development, including the�architectural and survey experts as well as real estate professionals.

Jerusalem Estates will be a completely walled-in private complex without any access to vehicles.�Residents and guests will be able to use an underground tunnel that will lead directly into the�complex. Once inside, residents will enjoy living in an area festooned with luscious green�gardens in an interior park setting.

Nowhere is the extraordinary interest in this revolutionary project felt more than in the sales�office on King David Street in the center of Yerushalayim. Thus far, this has translated to the�sale of 40 apartments totaling NIS 160 million. Dozens of other prospective buyers have�registered their interest in the last few weeks, largely due to the many attributes that make this�luxury project so attractive.

A spokesman for the developers of Jerusalem Estates noted that �when we speak of luxury, it is�not only about the high end construction that simply does not exist in the Orthodox community�or the exquisite location in an exclusive estate that is also a first for this community.� He said�that the project is also defined by the fact that �we are working with the foremost professionals�in the real estate industry, the most prominent attorneys, Bank Hapoalim which is very much a�part of this project, world-class architects, and leading construction consultants and experts.� He�concluded: �Our claim of being the most prestigious project ever built in the city is certainly�supported by the esteemed quality team that developed this project.�

The Jerusalem Estates developers emphasize that meeting major milestones is the key to the�success of any real estate project, especially such an elite development. �As we make the�transition from the excavation phase to construction to be completed within 30 months, we�recognize that we are that much closer to the day when an exclusive group of new residents will�experience the highest standards of luxury while realizing ancient Yerushalayim in its full�splendor.