By Tyler R. Morrissey
Sotheby’s International Realty® recently announced it has expanded its global presence to some key luxury markets across the globe. The brand now has approximately 880 offices in 69 counties and territories.
Austria Sotheby’s International is one of the newest members to the network and will serve the luxury residential real estate market throughout the European country. The flagship office, managed by owner Wilhelm Zirngast and Chief Executive Officer Georges Luks will be located in Vienna with future plans for additional offices in the cities of Graz and Kitzbühel.
“Austria is an attractive market for luxury homebuyers in Central Europe,” said Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC. “For those who appreciate architecture, the capital city of Vienna is graced with an inspiring baroque style, while the landscape throughout the rest of the country varies from elegant city living, to country estates and vineyards, to mountain ski chalets, offering something for everyone. I am proud to welcome Austria Sotheby’s International Realty to our global network.”
Sotheby’s International Realty also has signed a long-term franchise agreement with Greece Once Realty Limited to further expand the brand’s presence in the Mediterranean nation. Greece Sotheby’s International Realty is led by is led by seasoned real estate professionals Savvas Savvaidis, president and chief executive officer, and Natalie Leontaraki, chief operations officer. The flagship office will be based in the historic capital city of Athens and will serve key areas in the region including Mykonos, Crete and Corfu.
“The luxury real estate sector in Greece has a promising future,” says Savvaidis. “Greece’s luxury tourism market is expanding rapidly while state-of-the-art golf resorts and branded mixed-use developments are creating a strong luxury footprint in the Mediterranean. Being a part of the Sotheby’s International Realty brand allows us access to unparalleled marketing platforms for these high-end developments, an excellent recipe for a successful business operation.”
Most recently, Sotheby’s International Realty announced the brand’s expansion in the Caribbean with the opening of Roatán Sotheby’s International Realty on the island of Roatán off the coast of Honduras. Roatán Sotheby’s International Realty, led by Owner Matt Camron and Operations Manager Micheline Dupont, will serve Roatán and the neighboring Caribbean Bay Islands of Utila and Guanaja.
“Roatán is an attractive second home market offering residents tranquil Caribbean living and a preeminent level of privacy,” said White. “We are proud to have the brand represented in this region by Roatán Sotheby’s International Realty.”
Back here stateside, Sotheby’s International Realty also announced that Glacier Sotheby’s International Realty has acquired Maddux Real Estate Group in Missoula, Mont., which now will operate as Glacier Sotheby’s International Realty. Ross Pickert is broker/president of Glacier Sotheby’s International Realty. With the addition of this office, which is located at 321 North Higgins Avenue in Missoula, the Sotheby’s International Realty network now has seven affiliated offices throughout Montana.
“The addition of this office expands the Sotheby’s International Realty brand’s footprint into Missoula, a new and significant market for us,” said White. “Glacier Sotheby’s International Realty now has five offices and looks forward to serving the Missoula and Bitterroot Valley areas.”
For more of the latest expansion news, be sure to frequently check out our brand’s “Extraordinary Living” blog here.