Sothebys International
Realty Affiliates LLC has announced plans for the brands expansion
into five additional Gulf countries, complementing its existing
presence in the United Arab Emirates. Within the next year, the
brands affiliate brokerage in the region, Gulf Sothebys
International Realty, is expected to enter the important new
markets of Saudi Arabia, Qatar, Bahrain, Kuwait and Oman, greatly
increasing the brands presence in the Middle East.
Increasing our brand presence in the Middle East is yet another
example of our commitment to providing the Sothebys International
Realty networks exclusive real estate services in luxury property
destinations around the world, said Phillip White, president and
chief executive officer of Sothebys International Realty Affiliates
LLC. The Middle East continues to be one of the most important
sources of cross-regional capital into the global real estate
market.”
Currently operating in Dubai and Abu Dhabi, Gulf Sothebys
International Realty is led by Chairman George Azar. The firm
intends to open seven new offices around the region including
Riyadh, Jeddah and Dammam in Saudi Arabia and also in Qatar,
Bahrain, Kuwait and Oman.
We are excited to be growing our company and widening our range
of services to span the Middle Eastern region, said Azar. Our goal
is to achieve the highest sale price for our clients, but achieving
this means equipping investors with sound intelligence about the
property market and its potential.
Here at Gibson Sothebys International Realty we would like to
congratulate George Azar, his team, and of course the Sothebys
brand for this significant achievement. Our network continues to
grow and the lengths to which we can see our influence is becoming
increasingly broader and more impressive. Our worldwide network now
has a presence of more than 17,000 dedicated, experienced real
estate sales associates within roughly 800offices in 61 countries
and territories.
Take a look at our previous blogs below in order from most
recent to older news to read about other grand openings to see just
how far the Sothebys brand has come in such a short period of
time.
- Mauritius
- Virginia
- Brazil
- Andorra
- Italy
- Vermont and New
Hampshire - Switzerland
- Cambridge,
Massachusetts - Poland
- St. Martin
- Texas
- North India
- Washington
- Luxembourg
- Belize
- Hawaii
Source: Sothebys International
Realty