Company Initiates Al Arabiya Real Estate Company's AED 3.5B Investment into Mixed-Use Project at ‘The Lagoons'

DUBAI, United Arab Emirates--Eqarat.com, a leading total solutions provider to the real estate sector, has driven a number of high value investments in the region through its comprehensive studies on community developments, which is a part of its wide range of property related services offered to its clients.

The company has recently conducted an in-depth feasibility study on ‘The Lagoons' (mixed-use development site plan in above photo) for Al Arabiya Real Estate Company (AREC), a leading Kuwaiti-based real estate developer and investment company, following which AREC has invested AED 3.5 billion into a mixed-use project within the high value waterfront development located along the Dubai Creek.

In line with its recommendation, Eqarat.com approached SAMA Dubai to facilitate the investment between the two developers, resulting in the ‘The Lagoons' being identified as location for the high value mixed-use project.

"Our longstanding presence in the regional property development arena has honed our capabilities in recognising opportunities, which has been the basis of our successful operations and strong relationship with both leading developers and high-value investors," said Ali Hussein Al Rahma, (top rigfht photo) CEO, Eqarat.com.

"This partnership with Al Arabiya is a part of our aggressive campaign to further entrench our brand's leading position in the regional real estate market. It gives us pride to have played a significant role in AREC's first project in the UAE, and we are definitely looking forward to its official launch later this year."

CONTACT:

CommuniGate Middle East, Telephone 971 4 3988134, Email
info@communigateme.com

Siam Real Estate Wins Award for Best Real Estate Agent Website in Asia

BANGKOK, Thailand--The results of the CNBC Asia Pacific Property Awards 2008 have just been revealed and Siam Real Estate is delighted to announce that it has won an award in the category of Real Estate Agency web site.

The award will be presented at a glittering gala dinner to be held at the Marina Mandarin in Singapore on 20th July.

The fact that Siam Real Estate earned one of these coveted awards is sure proof that Thailand can not only compete but also triumph within the highly competitive Asia Pacific property arena.

Having been given this high recommendation by its peers, the company is now entitled to display the CNBC Asia Pacific Property Awards logo with pride. Their award wining website can be viewed at http://www.siamrealestate.com/.

This symbol of excellence will be recognised and appreciated by the public who are becoming increasingly well informed and discerning about the properties they seek to buy. Entries were judged by a panel of professionals whose collective knowledge of the property industry is second to none and unsurpassed by any other property awards.

Chaired by Eric Pickles, (top right photo) British Shadow Secretary of State, this year's judges included: Helen Shield, editor-in-chief of International Homes Magazine; Peter Bolton King, (photo at left) chief executive of the National Association of Estate Agents; Phil Spencer, property expert and presenter of Channel 4's Location and Relocation TV shows; Imtiaz Farookhi, (middle right photo) chief executive of the National House Building Council;

Christopher Hall, past president National Association of Estate Agents; Wilhelm Harnish, Master Builders of Australia (MBA); Thijis Staff, International Consortium of Real Estate Agents Association (ICREA); Santiago Herreros de Tejada, SIMA; Kirkor Ajderhanyan, French Real Estate Federation (FNAIM); Graham Norwood of the Daily Mail;

David Hoppit, property writer; Paul Wyatt, head of design for LYCOS UK; Geoff Cohen, design director at Aukett Fitzroy Robinson architects; Jill Keene, editor of International Homes magazine; Diana Yakely, chairman British Interior Design Association; and Tad Zurlinden, Association of Relocation Professionals.

Richard Lusted, CEO) said of the award, 'Siam Real Estate are delighted to have won this prestigious award which demonstrates our professional standards and encourages our company to do even better for the future."

The advance search function is found here: www.siamrealestate.com/search/ Also there is an abundance of information about buying property in Thailand which can be found at www.siamrealestate.com/buyers/

Kontakt information:

Siam Real Estate Co., Ltd. Phuket36/8 Moo2, Viset Road, Rawai, Phuket 83130 Thailand

Kontakt-Person: Patrick Lusted, Phone: +66 76 288 908

http://www.prinside.com/cc~http://www.siamrealestate.com__608120.htm

First English Real Estate Search Engine Launches in China

(Framed by an intricate screen, the Forbidden City's grand Hall of Supreme Harmony above sits across broad courtyard in Beijing.)

BEIJING, May 26, 2008/Xinhua-PRNewswire/ -- Jipingmi.com, the leading real estate search engine in China, has officially launched an English version of the search.

Jipingmi.com collects real estate property listings from a variety of English property listing sources and organizes the results into one, easy to use, search platform.

Since the launch of Jipingmi.com (Mandarin for "How many square meters?" or "A few square meters") in late 2007, Jipingmi.com has rapidly emerged to be amongst the top players in the Chinese real estate search engine market.

Jipingmi.com now aims to open the platform to international users.Jipingmi Co-founder and VP Strategic Development, Alex Farfurnik said .Jipingmi.com will organize the foreign real estate market in China.

(Chinese ice sculpture at left)

"There are over 6 million foreigners living in China, and the number is constantly growing. All these people need housing solutions and often turn to the internet to look for related information.



"The number of websites that provide real estate listings is increasing rapidly as well. There are more and more Chinese and foreign companies aiming to target foreign clients.

"Currently the foreign real estate market in China is very fragmented and there is a growing need to organize this market. Altogether, this makes it a perfect time for Jipingmi to come in and assist the market by using its superior technology and industry knowledge to help and connect all sides: home seekers, foreign targeted companies and English websites in China." Mr. Farfurnik said.

Jipingmi Co-founder and Co-CEO, Guy Sivan said Jipingmi.com is designed specially to suit the unique needs of the foreign real estate market in China."The English version of Jipingmi.com was designed with the target market in mind. Understanding that the local knowledge of many foreigners is limited,



.jipingmi.com provides several creative features to assist home seekers including map-based navigation and housing complex information for housing complexes that are most relevant to foreigners. The Interface of .Jipingmi.com was completely redesigned and looks entirely different from the Chinese website in order to answer the unique needs of the foreigners In China." Mr. Sivan said.



(Photo at right shows a night view of a new Beijing development.)



Jipingmi.com is currently focusing on Beijing and is using this opportunity to provide special features for the Beijing 2008 Olympics, such as short-term rentals. It is estimated that around 500,000 foreigners will stay in Beijing during the Olympics.



About Jipingmi.com


http:www.jipingmi.com/ is China's leading real estate search engine. Jipingmi's crawler aggregates over 2 million property listings from more than 100 real estate websites in 21 cities in China into one easy-to-use website. Jipingmi.com is rapidly growing with over 5,000,000 page views per month and currently has over 180,000 registered users.

(Beijing 2008 Summer Olympics logo at right.
同一个世界同一个梦想 (One World, One Dream)The "Dancing Beijing" emblem, depicting a Chineseseal inscribed with the character "Jīng" (京, from the nameof the host city) in the form of a dancing figure. Courtesy Wikipedia.))

CONTACT:

Neil Vineberg of VINEBERG COMMUNICATIONS, +1-631-377-1494, orNews@VinebergCommunications.com; Ms. Julie, BD Manager, Julie@Meijob.comWeb Site: http://www.jipingmi.com/