Sotheby’s expands presence in South America

Sotheby’s is growing its presence in South America, with expansion in both Argentina and Nicaragua.

Nicaragua Sotheby’s International Realty will be owned by Emerald Coast Realty, led by Managing Partner Trevor Barran, reports OPP.Today.

“We are excited to represent the Sotheby’s International Realty brand in Nicaragua and are committed to providing an unrivalled level of service to our clients,” comments Barran.

“This affiliation strategically positions us for continued growth in this emerging market. We believe in the long-term potential of Nicaragua and are invested in its success.”

Philip White, President and Chief Executive Officer of Sotheby’s International Realty Affiliates LLC, highlights the market as a “robust destination for luxury real estate”.

The opening of the office makes the Sotheby’s International Realty network to more than 18,800 affiliated independent sales associates in 63 countries and territories worldwide.

At the same time, the firm is also developing its existing affiliate brokerage in Argentina.

Ginevra Sotheby’s International Realty, which is owned and operated by Mercedes Ginevra, will now provide residential real estate services throughout the country, focusing on key markets such as Puerto Madero, San Isidro, Mendoza, Salta, and La Patagonia.

“Argentina is steeped in rich history with a varied terrain from the inland mountains to resort towns and imposing cliffs along the coast, catering to many different lifestyles,” adds White. “Argentina has an important position in the South American luxury market and this expansion provides a wider footprint in one of the most diverse countries in the world.”

“We are so pleased to be a part of the prestigious Sotheby’s International Realty® brand,” comments Ginevra. “The access and connections to offices around the world have been beneficial over that past few months and will be paramount to our team as we embark on our expansion throughout Argentina.”

Sotheby’s expands to Singapore

8th April 2016

Sotheby’s is continuing its global expansion with the company’s first office in Singapore to open this year.

Sotheby’s International Realty Affiliates LLC has signed an agreement with List Holdings Singapore PTE Ltd. to develop the luxury real estate brand in the country – the same company that owns and operates List Sotheby’s International Realty in Japan as well as Honolulu, Hawaii.

The Singapore firm will be led by Hisashi Kitami, owner and chief executive officer of List SIR, with the office expected to launch in the second half of 2016.

“Singapore is a global financial centre, making it an attractive market for international buyers,” says Philip White, president and chief executive officer, SIR Affiliates, LLC.

Kitami adds: “As part of the Sotheby’s International Realty network, we have seen great success in Hawaii and Japan and are excited to expand in Singapore. The country has an international consumer base and the global exposure offered by the brand will continue to be beneficial to our clients.”

Sotheby’s expands into Finland

24th November 2015

Sotheby’s International Realty has expanded into Finland for the first time with a new Helsinki office.

The luxury real estate brand has built up its network to over 800 offices in over 60 countries around the world. Together, they employ around 18,000 sales associates.

Each office is independently owned and operated. The Helsinki office – Snellman Sotheby’s International Realty – is owned by Swedish and Finnish prominent business investors, headed by Robert Charpentier, who signed an exclusive 25-year franchise agreement to develop the Sotheby’s International Realty brand throughout the country.

The company will operate under the leadership of Kenneth Katter, who brings over 20 years of relevant high-profile international sales experience to his role of chief executive officer.

Snellman’s listings will be marketed on the global website, giving the office further international exposure and an assocation with both Sotheby’s auction house and the firm’s worldwide marketing activity, while Sotheby’s will benefit from new referral opportunities and widened reach.

“Expansion into Finland continues the brand’s commitment to providing access to the Sotheby’s International Realty network’s exclusive real estate services in luxury real estate destinations around the world,” says Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC.

“Finland is a country widely admired as a European hub of innovation and entrepreneurship where the luxury market continues to grow. Entry into Helsinki offers great opportunity and complements the brand’s strong existing presence throughout Sweden and the Baltic States.”

According to Charpentier, the plan is to establish the Sotheby’s International Realty brand in the capital city, while evaluating other cities on an ongoing basis. The latest opening means that Sotheby’s now has over 180 independently owned and operated offices in the Europe, Middle East and Africa regions.

Katter adds: “This company is focused on fulfilling the needs of highly discerning clients searching for extraordinary real estate and requiring a high quality of service. It is vitally important for our team to ensure that we understand our clients’ needs and to deliver efficient and personalized services with professionalism and confidentiality.

“Now with the support of the Sotheby’s International Realty brand we can bring Finland’s extraordinary and unique properties to the far-reaching corners of the world.”