The Sothebys brand is truly remarkable. During trying times that the global economy experienced and in many places still is experiencing, Sothebys 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 Victoria in Australia, Sydney in Australia, the Philippines, Malta, the Dominican Republic, Lithuania, Puerto Rico,Israel, Asia,Mexico, and Italy.
Now, the latest development out of the Sothebys International Realty Affiliates LLC brand just this week announced that Dubai is the next target market that will be opening an office. A 25-year master franchise agreement with Prime Realty Ltd was reached which as a result will see the Sothebys brand grow and thrive all throughout the United Arab Emirates. The first office, which is expected to open for business next month in November of 2013, will be located at Emaar Boulevard Plaza, Tower One, Suite 2601, right next to the Burj Khalifa in Dubai; the worlds tallest building.
To be conducting their business as Dubai Sothebys International Realty, the establishment of this firm is ideal given the countless amount of development that is occurring in this part of the world. Philip White, the President and Chief Executive Officer of Sothebys International Realty Affiliates LLC came forward to share that, Dubai is a strategically important market for the Sothebys International Realty brand and this signing represents a key step forward in our overall growth plans across the Middle East. The Dubai Sothebys International team offers local knowledge and experience and is led by a seasoned executive team. Billy Rautenbach has been in real estate for 28 years, with nine years in Dubai. During this time, she has cultivated one of the largest real estate businesses in the Middle East and gained expertise in leading a team of more than 600 in property management, sales, leasing, investments, project development, management and marketing both locally and internationally.
Teaming up with Billy Rautenbach who will serve as Managing Director will be Eric Roche who has previously spent nearly a decade with Sothebys International Realty in New York City as the Director of International Sales and Development. Roche himself was also reached for comment and noted that, We strive to provide the very best service to our clients. This is underlined by the significant attention and involvement we give to all our clients and services, both locally and regionally. Over the years, we have acquired an excellent reputation and a credible track record as leading specialists in our chosen fields, and the Sothebys International Realty brands reputation as the worlds premium luxury property marketer is a perfect fit for this region.
Sothebys International Realty, with roughly 13,000 associates within now over 670 offices and 49 countries and territories worldwide, is always looking to expand their influence of excellence worldwide whenever the right opportunity presents itself. 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 Sothebys Auction House.
We at Gibson Sothebys International Realty mimic the positivity that Philip White, Billy Rautenback, and Eric Roche have displayed to the greatest extent and congratulate the efforts of the Dubai Sothebys International Realty team to accomplish this deal. 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 a strategic advantage in the marketing and selling of our listings. We can always look to the leadership of the brand and know that we are still headed in the right direction. It is with immense excitement that we can now look forward to working closely with Dubai Sothebys International Realty in the near future!
More Information: Sotheby's International Realty