Released on = February 17, 2007, 4:39 pm

Press Release Author = Claudia Gonella

Industry = Real Estate

Press Release Summary = Coldwell Banker opened its first real estate office in
Belize today with the launching of Coldwell Banker Belize Real Estate. The launch
comes just as CNN highlighted Belize as "One of the 6 hottest foreign second home
markets for 2007." The timing is right for real estate investors attracted by the
potential for capital appreciation in the \"New Caribbean\".

Press Release Body = (AMBERGRIS CAYE, BELIZE, February 17, 2007) - Coldwell Banker
opened its first real estate office in Belize today with the launching of Coldwell
Banker Belize Real Estate. The launch comes just as CNN highlighted Belize as "One
of the 6 hottest foreign second home markets for 2007." The timing is right for
real estate investors attracted by the potential for capital appreciation in the
\"New Caribbean\".

With a stable political democracy, consistent increases in tourist arrivals since
1998, a currency pegged to the US dollar, miles and miles of sandy beaches and the
largest barrier reef in the Western hemisphere, Belize promises to be one of the
strongest emerging markets in which to invest.

The Coldwell Banker office is in what was formerly known as the "Island Galleria".
The building has been significantly upgraded and re-branded "The Coldwell Banker
Building". It is located in the heart of San Pedro, the main town on Ambergris Caye.
The office opens with a "for sale" portfolio of the most exclusive projects
available on Ambergris Caye today as well as a wide range of private islands.

\"Franchise growth outside of North America remains one of our key initiatives," said
Jim Gillespie, president and chief executive officer of Coldwell Banker Real Estate
Corporation. "Central America is fast emerging as a hot spot for property
investment. We are proud to introduce our brand to this robust market, and wish our
colleagues at Coldwell Banker Belize Real Estate great success in their operations."

At the launch, General Manger Arne Rodhall said: "We are excited about bringing a
real estate service to Belize anchored in the traditions of one of the world\'s
premier real estate organizations." Arne, originally an Engineer in
Telecommunications from Norway and Sweden, ventured into real estate investment and
development in Seattle, Washington after receiving a BA and MBA from EWU. Arne fell
in love with Belize after his first visit in 1998 and moved to Ambergris Caye full
time with his family. "Coldwell Banker Belize works with the finest developers and
our goal is to seek out the best opportunities for profit in the country," he
continued.

Belize markets itself as being both in Central America and the Caribbean - and for
good reason - it has the best of both. Not only is Belize the diving and snorkeling
capital of the western hemisphere but it also boasts incredible old growth rain
forests, rushing rivers, majestic mountains, intricate cave systems and ancient
Mayan pyramids. To top it off it is the only English speaking democratic country in
Central America, a legal system based on British law, and a benefit-laden retirement
program as well as a broad array of tax incentives for property investors.

The team behind Coldwell Banker Belize has a combined real estate experience of over
50 years in both California and Nicaragua. This includes a designation as a
"Chairman's Circle" company - a standard reserved for the top 100 Coldwell Banker
offices in the world. It is this experience and level of professionalism that the
team brings to the real estate market in Belize. The group is also launching a
Social Investment Fund to support community projects and asset building initiatives
across Central America, beginning in Nicaragua.

Contact Coldwell Banker Belize to find out more about the latest deals and exclusive
investment opportunities in Belize - available only at
http://www.coldwellbankerbelize.com


Web Site = http://www.coldwellbankerbelize.com

Contact Details = COLDWELL BANKER BELIZE REAL ESTATE
Coldwell Banker Building
San Pedro Town, Ambergris Caye
Belize, Central America
US: 1-562-733-3464
US 800: 1-866-888-5213
Belize: 501-226-3400
www.coldwellbankerbelize.com