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Liu Gang will serve as chairman of Beijing Sotheby's International Realty,
Kevin Corbett will serve as chief executive officer, and
Jim Hao as general manager. Beijing Sotheby's International Realty is scheduled to open in the first quarter of this year.
"Doing business in
China is a key milestone for our brand," said
Philip White, president and chief executive officer, Sotheby's International Realty Affiliates LLC. "In
September 2012, Sotheby's became the first international auction house licensed to conduct auctions in
China through its joint venture Sotheby's (
Beijing) Auction Co., Ltd. Concurrent development in
China has been a priority for the
Sotheby's International Realty brand for the last several years. We strongly believe that under the leadership of Mr. Gang and Mr. Corbett, the
Sotheby's International Realty brand will have a strong foothold in
Beijing, China's capital."
"Our team has extensive experience with high-end consumer goods, and together with the
Sotheby's International Realty brand's global reach, we can combine our local knowledge to create a trusted resource for those seeking to invest in
Beijing's real estate," said Gang. "We look forward to further growth and expansion in the key luxury markets of mainland
With the opening of Beijing Sotheby's International Realty, the Sotheby's International Realty
® brand will have 27 offices throughout
Sotheby's International Realty network currently has nearly 14,000 sales associates located in approximately 680 offices in 49 countries and territories worldwide. Sotheby's International Realty listings are marketed on the
sothebysrealty.com global website. In addition to the referral opportunities and widened exposure generated from this source, the network's brokers and clients benefit from an association with the Sotheby's auction house and worldwide
Sotheby's International Realty marketing programs. Each office is independently owned and operated.
About Sotheby's International Realty Affiliates LLCFounded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the
Sotheby's International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. Sotheby's International Realty Affiliates LLC is a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services.
February 2004, Realogy entered into a long-term strategic alliance with Sotheby's, the operator of the auction house. The agreement provided for the licensing of the
Sotheby's International Realty name and the development of a full franchise system. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. Sotheby's International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Franchise affiliates also benefit from an association with the venerable Sotheby's auction house, established in 1744. For more information, visit
CONTACTSKay LeeDirector, International Marketing,
Asia PacificSotheby's International Realty Affiliates LLC175 Park Avenue
Madison, NJ 07940(973) 407-4953(852) 9851-5333
email@example.comNina HanMarketing DirectorBeijing Sotheby's International Realty8/F 808-809 Beijing Silver Tower, No.2 East 3
rd Ring Road NorthChao Yang District,
BeijingChina 100027(86) 010-83487199
SOURCE Sotheby's International Realty Affiliates LLC