NEW
YORK, March 18, 2025 /PRNewswire/ -- Sotheby's
International Realty today announced the opening of Philippines
Sotheby's International Realty, marking its 18th office
in Asia. The company is
headquartered in the financial and commercial hub
of Makati.
Leading Philippines Sotheby's International Realty is
Catherine Ocariz-Florencio, a
seasoned real estate professional with over 15 years of industry
experience. As the 2019 president of the Philippine Association of
Real Estate Boards (PAREB) - City of Taguig Real Estate Board
(CTREB), Ocariz-Florencio has played a pivotal role in facilitating
international investments in the country's prime real estate
markets.
"The luxury residential real estate sector in the Philippines has seen steady growth fueled
by increased demand from affluent buyers and investors," said
Philip White, president and CEO of
Sotheby's International Realty. "As the financial center of the
country and a key hub for multinational corporations, the city of
Makati is the prime location for high-end residences offering
premium amenities and security. We look forward to supporting
Catherine and helping the Philippines Sotheby's International
Realty team grow their business with the power of the brand."
"The Philippines, with its rich
cultural heritage, diverse landscapes, and vibrant communities, is
home to some of the most stunning properties imaginable. From
enchanting beachfront villas nestled along the pristine shores of
Palawan and Boracay to luxurious penthouses overlooking the
bustling city skyline of Manila,
the real estate market here is a treasure trove waiting to be
uncovered," said Ocariz-Florencio. "Our mission is to set a new
benchmark in the Philippine luxury real estate market by providing
a world-class, professional, and client-focused one-stop service.
Through our affiliation with Sotheby's International Realty,
we will offer unrivaled expertise and unparalleled value to agents
and clients throughout every step of the real estate journey."
The Sotheby's International Realty® network
currently has more than 26,100 affiliated independent sales
associates located in 1,100 offices in 84 countries and territories
worldwide. Philippines Sotheby's International Realty listings are
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 Sotheby's auction house and worldwide Sotheby's
International Realty marketing programs. Each office is
independently owned and operated.
Sotheby's International Realty
Sotheby's International Realty was founded in 1976 as a real
estate service for discerning clients of Sotheby's auction
house. Today, the company's global footprint spans more than
1,100 offices located in 84 countries and territories worldwide,
including 48 company-owned brokerage offices in key metropolitan
and resort markets. In February 2004,
Anywhere Real Estate Inc. entered a long-term strategic alliance
with Sotheby's, the operator of the auction house. The agreement
provided for the licensing of the Sotheby's International Realty
name and the development of a franchise system. The franchise
system is comprised of an affiliate network, where each office is
independently owned and operated. Sotheby's International Realty
supports its affiliates and agents with a host of operational,
marketing, recruiting, educational and business development
resources. Affiliates and agents also benefit from an association
with the venerable Sotheby's auction house, established in 1744.
For more information, visit www.sothebysrealty.com.
The affiliate network is operated by Sotheby's
International Realty Affiliates LLC, and the company owned
brokerages are operated by Sotheby's International Realty,
Inc. Both entities are subsidiaries of Anywhere Real Estate
Inc. (NYSE: HOUS) a global leader in real estate franchising and
provider of real estate brokerage, relocation and settlement
services. Both Sotheby's International Realty Affiliates LLC and
Sotheby's International Realty, Inc. fully support the principles
of the Fair Housing Act and the Equal Opportunity Act.
Contact
Rachel Colletta
Senior Manager of PR and Communications
Rachel.colletta@sothebys.realty
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SOURCE Sotheby's International Realty
