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Sotheby’s to enter Chinese luxury property market in 2013

Posted on 27 June 2012

With eyes on the country’s wealthy homebuyers, Sotheby’s International Realty Affiliates LLC, a unit of Realogy Corp., plans to enter China’s luxury property market by the first half of next year, targeting first-tier cities such as Beijing and Shanghai.
Already affiliated with 45 countries and regions, including Japan, Hong Kong, Taiwan, Thailand and Vietnam, Sotheby’s International, like many other realty companies, is eager yet cautious to add China to their portfolio. Earlier this year, Christie’s International established a real estate franchise in Hong Kong, its first in Asia………………………………………..Full Article: Source

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