ÿþ<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <html> <head> <meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1"> <title>Latest Updates On Middle East Real Estate</title> <link href="../eqnews2008-02.css" rel="stylesheet" type="text/css" /> <style type="text/css"> <!-- .text { color: #666666; font: 11px/120% Verdana, Arial, Helvetica, sans-serif!important; } body { color: #666666; margin: 0px; font: 11px/120% Verdana, Arial, Helvetica, sans-serif; background: #FFFFFF; } a { color: #1F2256; } a:hover { color: #479122; } .smallfont { color: #333333; font: 9px Tahoma, Arial, Verdana; } .eqbg { background: url(http://www.eqarat.com/newsletter1/images/bg-maintable.gif) no-repeat right bottom; } .whtfont { color: #FFFFFF; font: 11px/120% Tahoma, Verdana, Arial; } .blackborder { border: 1px solid #333333; } .newshdng { color: #4B0B00; text-decoration: 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width="100%" border="0" cellpadding="0" cellspacing="0" class="eqbg"> <tr> <td valign="bottom" bgcolor="#1F2256"><table width="100%" border="0" align="center" cellpadding="0" cellspacing="0"> <tr> <td height="100"><img src="http://www.eqarat.com/newsletter1/images/meren-2008-02.gif" width="398" height="55" /></td> </tr> <tr> <td bgcolor="#479122"><table width="610" border="0" align="center" cellpadding="2" cellspacing="0"> <tr> <td><img src="http://www.eqarat.com/newsletter1/images/worthy-newsletter.gif" width="224" height="25" border="0" usemap="#MapMapMap" /></td> <td width="175"><div align="right" class="whtfont"> <div align="center">Issue No 309 - 08 June 2009 </div> </div></td> </tr> </table></td> </tr> </table></td> </tr> <tr> <td height="20">&nbsp;</td> </tr> <tr> <td><table width="610" border="0" align="center" cellpadding="0" cellspacing="0"> <tr> <td valign="top"><table width="100%" border="0" cellpadding="0" cellspacing="0"> <tr> <td class="linebtmblck"><img src="http://www.eqarat.com/newsletter1/images/featured-news.gif" width="148" height="18" /></td> </tr> <tr> <td><table width="100%" border="0" cellpadding="1" cellspacing="0"> <tr> <td>&nbsp;</td> </tr> <tr> <td><table width="100%" border="0" cellpadding="5" cellspacing="0"> <tr valign="top"> <td width="66"><img src="http://www.eqarat.com/newsletter1/images/309_1_sml.jpg" width="66" height="49" class="blackborder" /></td> <td><div align="justify"><strong class="hdngBlue">UAE 'attractive for long term investments'</strong><br /> The UAE property market remains attractive for long term investors amidst economic crisis with Bahraini investors pumping over Dh95 million ($25.8 million) into the Emirates property market in the first quarter of 2009, said an expert. <a href="http://www.eqarat.com/newsletter1/309/1.htm"" target="_blank">more</a></div></td> </tr> </table></td> </tr> <tr> <td>&nbsp;</td> </tr> <tr> <td><table width="100%" border="0" cellpadding="5" cellspacing="0"> <tr valign="top"> <td width="66"><img src="http://www.eqarat.com/newsletter1/images/309_2_sml.jpg" width="66" height="49" class="blackborder" /></td> <td><div align="justify"><strong class="hdngBlue">DPG releases corporate responsibility report</strong><br /> Dubai Properties Group, a member of Dubai Holding, has announced the release of its inaugural Corporate Responsibility Report that describes the group's philosophy, programs and achievements.<a href="http://www.eqarat.com/newsletter1/309/2.htm" target="_blank">more</a></div></td> </tr> </table></td> </tr> </table></td> </tr> <tr> <td>&nbsp;</td> </tr> <tr> <td class="linebtmblck"><img src="http://www.eqarat.com/newsletter1/images/latest-news.gif" width="148" height="18" /></td> </tr> <tr> <td><table width="100%" border="0" cellpadding="1" cellspacing="0"> <tr> <td>&nbsp;</td> </tr> <tr> <td><table width="100%" border="0" cellspacing="0" cellpadding="5"> <tr> <td width="66" valign="top"><img src="http://www.eqarat.com/newsletter1/images/309_3_sml.jpg" width="66" height="49" class="blackborder" /></td> <td><div align="justify"><span class="hdngGrn">DIP starts Jumeirah boutique offices leasing</span><br /> Dubai Investment Properties (DIP), a leading real estate developer in UAE, said it has begun the leasing of its boutique offices at the signature  Sunset mixed-use development located in the up market Jumeirah 3 area. <a href="http://www.eqarat.com/newsletter1/309/3.htm" target="_blank">more</a></div></td> </tr> </table></td> </tr> <tr> <td>&nbsp;</td> </tr> <tr> <td><table width="100%" border="0" cellspacing="0" cellpadding="5"> <tr> <td width="66" valign="top"><img src="http://www.eqarat.com/newsletter1/images/309_4_sml.jpg" width="66" height="49" class="blackborder" /></td> <td><div align="justify"><span class="hdngGrn">Saudi property market 'offers good value'</span><br /> The Saudi property market offers some of the strongest fundamentals in Gulf and international investors must take a close look at the sector, says a new report from HSBC.<a href="http://www.eqarat.com/newsletter1/309/4.htm" target="_blank">more</a></span></div></td> </tr> </table></td> </tr> <tr> <td>&nbsp;</td> </tr> <tr> <td><table width="100%" border="0" cellspacing="0" cellpadding="5"> <tr> <td width="66" valign="top"><img src="http://www.eqarat.com/newsletter1/images/309_5_sml.jpg" width="66" height="49" class="blackborder" /></td> <td><div align="justify"><span class="hdngGrn">Affordable housing &lsquo;key to Riyadh growth&rsquo;</span><br /> Riyadh s real estate market is much more stable than in other GCC cities and offers big opportunities, says a recent report by Jones Lang LaSalle, the world s leading real estate investment and advisory firm. <a href="http://www.eqarat.com/newsletter1/309/5.htm" target="_blank">more</a></div></td> </tr> </table></td> </tr> <tr> <td>&nbsp;</td> </tr> <tr> <td><table width="100%" border="0" cellspacing="0" cellpadding="5"> <tr> <td width="66" valign="top"><img src="http://www.eqarat.com/newsletter1/images/309_6_sml.jpg" width="66" height="49" class="blackborder" /></td> <td><div align="justify"><span class="hdngGrn">Rakia to take over $544m property project</span> <br /> The Ras al-Khaimah government is willing to take over a Dh2 billion ($544.7 million) property project in the emirate from a Dubai real estate firm, a newspaper said on Friday.<a href="http://www.eqarat.com/newsletter1/309/6.htm" target="_blank">more</a> </div></td> </tr> </table></td> </tr> <tr> <td>&nbsp;</td> </tr> <tr> <td><table width="100%" border="0" cellspacing="0" cellpadding="5"> <tr> <td width="66" valign="top"><img src="http://www.eqarat.com/newsletter1/images/309_7_sml.jpg" width="66" height="49" align="top" class="blackborder" /></td> <td><div align="justify"><span class="hdngGrn">Qatar developer eyes funds for major deals</span><br /> Ezdan Real Estate Co, Qatar's largest developer by market value, said on Thursday it planned to sell some of its real estate portfolio as it seeks to raise funds for billion-dollar projects in the next five years.<a href="http://www.eqarat.com/newsletter1/309/7.htm" target="_blank">more</a></div></td> </tr> </table></td> </tr> <td><br /> <br /> <br /> <br /></td> <tr> <td>&nbsp;</td> </tr> </table></td> </tr> </table></td> <td width="20">&nbsp;</td> <td width="175" valign="top"><div align="right"> <table width="100%" border="0" cellpadding="0" cellspacing="0"> <tr> <td height="15"><div align="center" class="smallfont">Advertisement</div></td> </tr> <tr> <td height="200" bgcolor="#CCCCCC"><p><img src="http://www.eqarat.com/newsletter1/images/alsufouh-010609.gif " width="175" height="400" border="0" /></p></td> </tr> <tr> <td>&nbsp;</td> </tr> <tr> <td><img src="http://www.eqarat.com/newsletter1/images/wanted-010609.gif" width="175" height="313" border="0" /></td> </tr> </table> </div></td> </tr> </table></td> </tr> <tr> <td><table width="100%" border="0" cellspacing="0" 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