Landmark Properties Signs Strategic Alliance with Massachusetts Institute of Technology`s Center for Real Estate

Released on: October 8, 2008, 1:44 am

Press Release Author: Landmark Properties LLC

Industry: Real Estate

Press Release Summary: Landmark Properties, one the Middle East’s leading real
estate firms, today announced an exclusive corporate partnership with Massachusetts
Institute of Technology’s Center for Real Estate (MIT-CRE), the real estate program
of one of the world’s most prestigious educational institutions.

Press Release Body: Landmark Properties, one the Middle East’s leading real estate
firms, today announced an exclusive corporate partnership with Massachusetts
Institute of Technology’s Center for Real Estate (MIT-CRE), the real estate program
of one of the world’s most prestigious educational institutions.

Under this new agreement both the entities, MIT-CRE and Landmark Advisory, the real
estate research and analysis division of Landmark Properties, will conduct a series
of research based initiatives on UAE’s real estate market. This will help leverage
Landmark Properties’ unparalleled research, consulting, asset management and
financial services experience within their Advisory division as well as MIT-CRE’s
international partnerships network in emerging markets.

Chairman of the Massachusetts Institute of Technology’s Center for Real Estate, Tony
Ciocetti, explained that Landmark Properties was the perfect fit for MIT-CRE in the
region.

"We have had a long-standing relationship with many institutions from the region,
however this is our first corporate partnership, and we are thrilled to partner with
Landmark Properties," he added.

"Our responsibility is to enhance the Center’s mission of improving the global built
environment through industry relevant research and to promote more informed
professional practice. There is no better partner for that in the region than
Landmark Properties."

Landmark Advisory provides market overviews, unparalleled research consultancy and
real estate investment management services covering the Middle East and North Africa
(MENA) region. This filters through to the retail brokerage operations at Landmark
Properties, providing them with recommended product with significant ‘best in class’
due-diligence behind it.

"This is a great milestone for us and we look forward to working with MIT-CRE” said
Cliff Kelaita, Chairman & CEO of Landmark Properties. “Our market intelligence,
consulting, and syndication division, Landmark Advisory, has developed a special
relationship with MIT-CRE based on a shared vision and dedication to knowledge-based
initiatives and approaches to Global Real Estate."

He added, "Leveraging MIT-CRE’s industry relationships and other corporate
partnerships, Landmark Properties will continue its expansion across the MENA region
with the knowledge that we have developed from our strategic alliances with advisory
groups from around the world who are considered to be ‘best in class’ consultants."

Landmark Advisory has already hosted a group of summer interns from top US
universities specializing in real estate programs. It plans to continue to do so
this fall, working with MIT-CRE students on term-long projects which will enable
cross-border education and interaction. The experience offers interns the
opportunity to work across a wide range of disciplines, including real estate
product development, sophisticated product development projects such as real estate
derivatives, international benchmarking, and master-plan modelling.

With five locations already in the UAE – and offices opening in Qatar, Bahrain,
Oman, Jordan, Egypt and Syria before the end of 2008 – Landmark Advisory is
expanding its network throughout the MENA region to meet the needs of its clients
and offer them unparalleled market expertise.

Web Site: http://www.landmark-dubai.com

Contact Details: Jamshed Nawaz
Landmark Properties LLC
Office 612,
The Fairmont
Dubai, UAE
Phone: +971 04 3387769
Fax: +971 04 3387669
jamshed.nawaz@landmark-dubai.com

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