2018 Iberian Business Awards 2018

16 EU BUSINESS NEWS / 2018 Iberian Business Awards Sotheby’s International Realty Brand Expands Presence in Spain Sotheby’s International Realty Affiliates LLC has announced its expanding presence in Spain with the opening of Madrid Sotheby’s International Realty. dedicated to honoring all the city has to offer by providing our clients with an attentive, high-quality experience to fulfill their lifestyle and real estate goals,” said P. Kempe. “Our affiliation with the Sotheby’s International Realty brand, along with our investment in creating long-lasting relationships with our clients, has afforded us the opportunity for successful expansion throughout Spain.” With this addition, the Sotheby’s International Realty brand now has 14 independently owned and operated offices throughout Spain. The Sotheby’s International Realty network currently has more than 22,000 affiliated independent sales associates located in over 960 offices in 72 countries and territories worldwide. In 2017, the brand achieved a record global sales volume of $108 billion USD. Madrid Sotheby’s International Realty listings will be marketed on the sothebysrealty.com global website. In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients will benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs. Each office is independently owned and independently operated. Located in the capital city of Madrid, the firm is owned by Paul and Susie Kempe, who also own Mallorca Sotheby’s International Realty, Menorca Sotheby’s International Realty, and Ibiza Sotheby’s International Realty. Juan Luis Sáez, a Madrid native formerly with ONE Sotheby’s International Realty in Miami, Florida, will serve as director of Madrid Sotheby’s International Realty. “As a key international business hub and one of Europe’s largest cities, it is important for the Sotheby’s International Realty ® brand to have a strategic presence in Madrid,” said Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC. “Paul Kempe and his team have built strong, multilingual offices across Spain’s Balearic Islands with great success and we are proud to support their growth into Madrid.” Madrid Sotheby’s International Realty will serve the luxury residential real estate markets in the greater metropolitan area as well as in Aravaca, Pozuelo, Las Rozas, Majadahonda, Madrid City, Mirasierra, and Puerta de Hierro. “Madrid is a vibrant and cultured city and at Madrid Sotheby’s International Realty we are ,

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