Management Team

Oskar Kazanelson – Chief Executive Officer and Chairman (appointed as Chairman on May 2010)

With over 30 years of experience in the Israeli and CEE real estate markets. Oscar has spent

more than five years working in residential development in Poland and Hungary and was a

founder of Nanette. Chairman of Olimpia Group, a listed Israeli real estate company.

Ran Jacobs – Chief Financial Officer

Is a certified public accountant, with more than eight years of experience as a CFO and

controller, both of Nanette and Olimpia. Has significant experience in the Israeli and CEE real

estate markets.

Ron Hadassi – Vice Chairman

Serves as a high ranking manager in the Bronfman-Fisher Group, dealing in industry, real

estate, finance and retail trades. Mr. Hadassi serves as well as the Chairman of the board of

directors in Blue Square Furniture Ltd., (owners of IKEA Israel chain franchisee) and as

deputy Chairman of the board of directors in Isralom Assets Ltd. and as a director in the

public company Supersol Ltd. In addition Mr. Hadassi is a lecturer at the Herzlia

Interdisciplinary Centre on banking and financing.

Mr. Hadassi has an LLB degree, was admitted as an advocate in May 1995 to the Israeli

Lawyers Bar Association, and has a bachelor’s degree in economics and political science

and an MBA degree in financing and accounting with a secondary specialization in