Harcourts' Luxury Listings on Wall Street Journal Site

Harcourts International Limited's exclusive South Pacific membership of the largest real estate network in the world means its luxury listings are now being uploaded to the Wall Street Journal's property website.

Harcourts' exclusive membership with the Leading Real Estate Companies of the World network (www.leadingre.com) was initiated three years ago, enabling its clients' properties to be marketed through the other 4,700 member offices in over 30 countries for worldwide exposure. In 2006, the network managed over AUD $506 billion in sales worldwide.

In 2005 when the network recognised it was managing more $1million plus property sales than any other group worldwide, it launches a specialist Luxury Portfolio division (www.luxuryportfolio.com) which has close to an extraordinary AUD $52 billion in $1 million plus sales a year. These are the listings that are being uploaded to the Wall Street Journal's property website (www.realestatejournal.com).

Managing Director of Harcourts International Ltd, Mike Green, said, "We clearly now operate in a global marketplace, and it is our responsibility to ensure that our selles' properties are exposed to the widest possible audience. The Wall Street Journal is one of the foremost and most respected publications in the world with its readership including the most influential and powerful people. We're excited to be able to provide our clients with exposure to this market through their property website."

CEO of Harcourts New South Wales, Walter Nanni added, "The opportunity to market properties on a global scale through a site that has the most $1million+ property sales in the world is the most invaluable tool we've got. In a marketplace like Sydney and New South Wales, with more and more overseas buyers, this is yet another great avenue to showcase properties to a wider audience."