Sothebys International Realty, with roughly 12,000 associates within now 625 offices and 44 countries and territories worldwide is always looking to expand their influence of excellence worldwide whenever the right opportunity comes about. This prominent global Real Estate network constantly strives to construct strong teams of experienced agents who benefit from, among many things, the brands broad exposure, its extensive marketing campaigns, latest technology, contacts and resources cross-nationally, referral opportunities, and from the beneficial association these offices have with the famous and influential Sothebys Auction House.
Now, as the Baltic states continue to push on as an increasingly growing network for high-end luxury properties, the favorable circumstances for opening up yet another Sothebys office became ever so attractive for the firm. This destination, in Lithuania to be exact, with its historic landmarks, beautiful scenery and more, has provided investors and prospective home buyers the unique chance to purchase property in such a growing market.
Throughout the past year we have been fortunate enough to extend the Sothebys International Realty network to locations in (in reverse chronological order); Puerto Rico in this month of October, 2012, Australia in August, Israel in May, Asia in April, Mexico in February, and finally Italy in January. The exact name of this new office will be Baltic Sothebys International Realty and will open in the Lithuanian capital of Vilnius.
Owned by Vestards Rozenbergs, Leonid Kil, Ilze Mazurenko, Paulius Gebrauskas and Marius Bruas, the first offices of Baltic SIR were opened in Riga, Latvia in March of 2010 then soon after an office in Jurmala, the Baltic Sea resort town. Finally, the businessmen opened another Sothebys location in Estonia in the city of Talinn and it only seemed fitting that yet another office, now in Lithuania would be the next appropriate and logical step for both their business and the Sothebys brand to take in our efforts to continuously grow and thrive. Mr. Rozenbergs when asked about his business noted that, Baltic Sothebys International Realty combines strong client relationships at home and abroad with a professional infrastructure and sales agents with strong local knowledge. In addition to providing exceptional service at a variety of price points, with the introduction of the Sothebys International Realty brand to this territory, we hope to further enhance the image of the Baltic States as a luxury real estate destination on an international scale with access to a worldwide network of offices, global contacts and association with the prestigious Sothebys Auction House.
Michael Good, the Chief Executive Officer of Sothebys International Realty Affiliates LLC is very optimistic about the future for Baltic SIR. He continued the sentiments by Mr. Rozenbergs by pointing out positives about this region that is truly the recipe for Real Estate success, Our continued expansion across the Baltic states underscores our commitment to providing access to our networks exclusive real estate services in this unique territory, which holds great interest to the important neighboring Commonwealth of Independent States and Eastern Europe markets. Lithuania is the largest of the three Baltic States with a growing luxury market in the historic capital city of Vilnius and vibrant areas of Kaunas, Klaipeda, Palanga, Nida and Druskininkai. We look forward to growth in this market under the leadership of Vestards and his team of seasoned entrepreneurs and sales professionals.
We at Gibson Sothebys International Realty mimic the positivity that Mr. Good has portrayed to the greatest extent and congratulate the efforts of his team and that of Mr. Rozenbergs. It is because of our increasingly interconnected market of Sothebys International Realty professionals around the Globe that we in our own independently owned and operated localized offices are given that strategic advantage in the marketing and selling of our listings. It is with great pride that we can look to the leadership of the brand and know that we are still headed in the right direction and it is with immense excitement that we can now look forward to working closely with Baltic Sothebys International Realty in the future.
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