Companies Design Package Tour Combining Health Care and Real Estate to Meet Increasing Demand from Chinese Investors
Fairfield, Litchfield and New Haven Counties, Conn.; Berkshire County, Mass. and Westchester County, N.Y. – July 15, 2014 – William Pitt and Julia B. Fee Sotheby’s International Realty, the largest real estate brokerage firm in the worldwide Sotheby’s International Realty affiliate network, together with Medical Excellence International, LLC (MEI), a global leader in health management headquartered in New York City, announced that they have co-designed a New York excursion tour featuring VIP medical tests, real estate and cross-border investment workshops, education consultation as well as shopping and recreation. This newly invented package tour offers participants the opportunity to fully experience the charm of New York while at the same time satisfying their health and wealth management needs.
The highly differentiated and flexible package tour was designed at a time when there are more and more affluent Chinese who are paying close attention to the health of themselves and their families*, the US real estate market is attracting a high level of attention from Chinese investors**, and Chinese high net worth individuals (HNWIs) are demonstrating a greater interest in immigration to the US***. The companies recently announced their New York Luxury Tour after six months of intense product development.
“Medical Excellence has a well-deserved reputation of providing the finest professional health management services and organizing top medical services for our club members. We pioneered the concept of the ‘health care family office,’ ” commented John R. Prufeta, the founder and chairman of MEI, upon the product announcement. “Through our partnership, we are able to provide our Chinese clients with other high quality services in addition to our well-established health management services. This new package enables HNWIs to fulfill the important needs of health management and prevention while focusing attention on investment and entertainment in New York. We have conducted extensive research to gain a deep understanding of Chinese clients’ needs. We are confident that this package distinguishes us from our competitors in terms of the novelty and breadth of the product. We are excited about the strategic partnership with William Pitt and Julia B. Fee Sotheby’s International Realty, a truly great firm that always serves the best interests of its clients. Together, we plan to offer the best possible service to the Chinese HNWIs who are seeking health care and investment in the United States.”
“We have witnessed the notable increase of Chinese investors in the US real estate market and believe this trend will only strengthen in the future,” said Paul Breunich, President and Chief Executive Officer of William Pitt and Julia B. Fee Sotheby’s International Realty. “This is a terrific idea to cooperate with MEI to develop this package tour that enables busy Chinese high end customers to achieve multiple goals in a single trip. They are seeking trusted resources for their real estate, investment and health care needs. With this offering, they have the resources of two trusted companies combining to meet their needs. What’s more, due to our relationship with the prestigious Sotheby’s auction house, the participants will also be able to visit Sotheby’s and even bid in their world-class art auctions.”
For further information about the package tour, please contact MEI’s strategic partners in China via email at [email protected].
*Hurun Chinese Millionaire Wealth Report 2013: 66% of Chinese HNWIs list health as their second top concern after wealth management.
**Jones Lang LaSalle Global Capital Markets Research: From the second half of 2012 to the first half of 2013, the total purchase of real estate in the US by Chinese exceeded 12.3 billion USD, a 66% increase from the last year.
*** Hurun Chinese Millionaire Wealth Report, June 2014: Among the Chinese millionaires that have emigrated or plan to emigrate, 52% chose the US as their destination.
About William Pitt and Julia B. Fee Sotheby’s International Realty
Founded in 1949, William Pitt and Julia B. Fee Sotheby’s International Realty manages a $3.3-billion-plus portfolio with more than 1,000 sales associates in 26 brokerages spanning Connecticut, Massachusetts, and Westchester County, New York. William Pitt Sotheby’s International Realty, combined with partner firm Julia B. Fee Sotheby’s International Realty, is the largest Sotheby’s International Realty(R) affiliate globally, the third-fastest-growing real estate company nationally, and the 23rd-largest real estate company by sales volume in the United States. A full-service real estate firm headquartered in Stamford, Connecticut, William Pitt and Julia B. Fee Sotheby’s International Realty provides ancillary services including commercial services through its affiliation with Building and Land Technology, a second-generation development company based in Stamford, Connecticut; William Pitt Insurance Services; and an award-winning global relocation division. For more information, visit the website at williampitt.com.
Sotheby’s International Realty’s worldwide network includes more than 14,000 sales associates located in 700 offices throughout the United States and 50 other countries and territories.
About Medical Excellence International, LLC.
The Medical Excellence brand membership club was created in 2009 (marketing name in China market is 美荻康) and the company is headquartered in New York City. The company was designed to provide the most elite medical network and resources as well as a comprehensive and professional medical management consultation services to the high net worth individuals. The company invented the concept of “the family office for health management services” to serve as the single point-of-contact for its Members to access the most elite global medical resources. The company also serves as the personal health advisor to ensure each member’s mental and physical health. MEI’s senior management team has accrued over fifty years’ experience in healthcare and health management industries. MEI’s elite medical network covers over 109 countries around the world. We believe that “Great Health is the Ultimate Luxury” and we are committed to providing the best available medical resources to our members anywhere and anytime. MEI is the most respected brand in global health management industry and has been trusted by the most prominent families in the U.S., Europe and the Middle East. Starr Companies is one of MEI’s investors.
William Pitt and Julia B. Fee Sotheby’s International Realty Contact:
Andrew Wood
Director of Content
203.644.1983
MEI Contact:
Peiwen Shih
212.884.0526
