The Sotheby’s brand is truly remarkable. During trying times that the global economy experienced and in many places still is experiencing, Sotheby’s continues to push the envelope and go above and beyond expectations and the platforms set by other firms. In order to ensure that the business is able to bring our white glove service to as many individuals as possible, recent times have seen us expand to Dubai, Victoria in Australia, Sydney in Australia, the Philippines, Malta, the Dominican Republic, Lithuania, Puerto Rico, Israel, Asia, Mexico, and Italy.
Just this week, this one of a kind firm just announced that it will open offices in Saudi Arabia, Bahrain, as well as in Kuwait. The first of these will open in Saudi Arabia’s capital, its largest city of Riyadh by the end of this month of November.
To be known throughout the region as First Regents Sotheby’s International Realty, the managing broker behind this 25-year master franchise agreement is Paul Aiken. The Riyadh office will have an influence over luxury properties spread throughout Riyadh itself, in addition to Jeddah, Dammam, and Al Khobar. Mr. Aiken himself is incredibly optimistic going forward regarding the future successes that the Sotheby’s brand will realize in this growing economy, and stated that, “First Regents Sotheby’s International Realty aims to provide excellence in service and the widest local and international visibility for sales and rentals of extraordinary residential and commercial properties. We excel at marketing our clients’ exclusive properties through online channels to ensure that each property receives the awareness it deserves, both locally and internationally.”
To be located at King Fahad Road within the Tatweer Tower in Riyadh, the first office of First Regents Sotheby’s International Realty joins the bran’s now over 680 offices worldwide within 49 countries and territories encompassing over 14,000 sales associates. The President and Chief Executive Officer of Sotheby’s International Realty Affiliates LLC, Philip White, realized the potential for establishing our influential brand in this luxury market, and was reached for comment to say, “Saudi Arabia is a strategically important market for the Sotheby’s International Realty brand and this signing represents a key step forward in our overall growth plans across the Middle East. The First Regents Sotheby’s International Realty team offers in-depth local knowledge and is led by an experienced management team. Many Saudi nationals look to international markets to purchase real estate, making this an important new market for our luxury network.”
Here at Gibson Sotheby’s International Realty we understand how important it is to be able to utilize all of the incredible referral services, global marketing techniques, affiliation with the Auction House and more to further our business. With that said, not only do we congratulate Paul Aiken and his team, but we look forward to cementing our increasingly interconnected market of Sotheby’s International Realty professionals around the Globe with First Regents Sotheby’s International Realty for years to come.
More Information: Sotheby’s International Realty