Douglas Elliman Expands to Paris

Rhea-AI Summary

Douglas Elliman (DOUG) is expanding its French alliance into Paris, opening an office in the 7th arrondissement and adding the city to its luxury markets in Bordeaux, the French Riviera, the French Alps, Monaco and Saint-Barthélemy.

The Paris region will be led by Charlotte Lonne, an experienced luxury real estate professional, and continues the firm’s international growth initiative started in Europe in 2025 with partners Philippe Curutchet, Fredrik Lilloe and Edward de Mallet Morgan.

AI-generated analysis. Not financial advice.

Positive

• Entry into Paris, a major global luxury real estate market
• Further expansion of international network across key French and Monaco markets
• Paris region led by experienced luxury specialist Charlotte Lonne
• Strengthens cross-border service for American and international high-end clients

Negative

• None.

News Market Reaction – DOUG

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+1.74% News Effect

On the day this news was published, DOUG gained 1.74%, reflecting a mild positive market reaction.

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Firm Deepens International Footprint, Bringing Signature Luxury Brokerage to the French Capital at a Pivotal Moment for the Market

NEW YORK, June 10, 2026 /PRNewswire/ -- Douglas Elliman Realty, LLC ("Douglas Elliman"), the nation's preeminent real estate brokerage, today announced the expansion of its French alliance into Paris, extending its presence in the country following the firm's landmark entry into France and Monaco announced last fall. The office will be in the 7th arrondissement in Paris.

The Paris launch marks the next phase of Douglas Elliman's international growth strategy and positions the firm in one of the world's most closely watched and coveted residential property markets. The city joins Bordeaux, the French Riviera, the French Alps, Monaco, and Saint-Barthélemy as markets served under the Douglas Elliman banner.

"Paris represents one of the great luxury real estate markets in the world, and it has been central to our international vision from the beginning," said Michael S. Liebowitz, President and Chief Executive Officer of Douglas Elliman Inc. "Our clients demand access to the very best, whether they are buying in Palm Beach, Manhattan, or the 7th arrondissement. This expansion delivers exactly that."

"The world's luxury buyers increasingly view real estate through a global lens, and Paris remains one of the most sought-after destinations for wealth, lifestyle, and investment," said Lena Johnson, President of National Brokerage for Douglas Elliman. "Expanding our presence there strengthens Douglas Elliman's ability to serve clients wherever opportunity and aspiration take them."

The Paris expansion builds on Douglas Elliman's broader international growth initiative, which brought the firm into Europe in 2025. The firm operates with noted European property advisors Philippe Curutchet, Fredrik Lilloe, and Edward de Mallet Morgan, who collectively bring decades of experience and a track record of landmark transactions across the most coveted markets in France and Monaco.

"Paris has always been the natural next step for our partnership with Douglas Elliman," said Philippe Curutchet, Co-Founder and Co-Chairman of Douglas Elliman France. "The demand from American buyers and international investors seeking a trusted partner in the capital has been extraordinary, and we are now positioned to serve them at the highest level."

"What distinguishes this platform is the integration between the American network and the on-the-ground expertise we bring in France," said Fredrik Lilloe, Co-Founder and Co-Chairman of Douglas Elliman France. Added Edward de Mallet Morgan, Managing Director Monaco, Group Head of Private Office of Douglas Elliman France, "for clients who move between continents, that connection is invaluable."

The Paris region will be led by Charlotte Lonne. With more than ten years of experience in luxury real estate, including seven years at a leading Paris-based brokerage specializing in exceptional properties, she brings extensive expertise in the high-end market and a deep understanding of international clientele.

"Paris is always a good idea, not just for Americans, but for anyone who dreams of experiencing an authentic Parisian lifestyle," said Charlotte Lonne, Managing Director Paris Office.

Douglas Elliman was founded in New York in 1911 and today ranks among the preeminent luxury residential brokerages in the United States, with operations spanning New York, Florida, California, Texas, Colorado, and globally.

About Douglas Elliman Inc.
Douglas Elliman Inc. (NYSE: DOUG) owns Douglas Elliman Realty, LLC, which is one of the largest residential brokerage companies in the United States with operations in New York City, Long Island, Westchester, Connecticut, New Jersey, the Hamptons, Massachusetts, Florida, California, Texas, Colorado, Nevada, Maryland, Virginia, and Washington, D.C. In addition, Douglas Elliman Inc. provides other real estate services, including development marketing, mortgage as well as settlement and escrow services in select markets, and uses as well as invests in early-stage, disruptive property technology solutions and companies. Additional information concerning Douglas Elliman Inc. is available on its website, investors.elliman.com.

Investors and others should note that we may post information about Douglas Elliman Inc. on our website at investors.elliman.com or, if applicable, on our accounts on Facebook, Instagram, LinkedIn, TikTok, Twitter, YouTube or other social media platforms. It is possible that the postings or releases could include information deemed to be material information. Therefore, we encourage investors, the media and others interested in Douglas Elliman Inc. to review the information we post on our website at investors.elliman.com and on our social media accounts.

Forward-Looking and Cautionary Statements
This press release includes forward-looking statements within the meaning of the federal securities law. All statements other than statements of historical or current facts made in this press release are forward-looking. These statements include, but are not limited to, statements regarding the future growth, plans, strategies and results of Douglas Elliman and potential future transactions. We identify forward-looking statements in this press release by using words or phrases such as "anticipate," "believe," "estimate," "expect," "intend," "may be," "continue" "could," "potential," "objective," "plan," "seek," "predict," "project" and "will be" and similar words or phrases or their negatives. Forward-looking statements reflect our current expectations and are inherently uncertain. Actual results could differ materially for a variety of reasons. 

Risks and uncertainties that could cause our actual results to differ significantly from our current expectations are described in our Annual Report on Form 10-K for the year ended December 31, 2025 and our Quarterly Reports on Form 10-Q filed thereafter. We undertake no responsibility to publicly update or revise any forward-looking statement, except as required by applicable law.

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SOURCE Douglas Elliman

FAQ

What did Douglas Elliman (DOUG) announce about its expansion to Paris in June 2026?

Douglas Elliman announced an expansion of its French alliance into Paris, opening an office in the 7th arrondissement. According to Douglas Elliman, Paris joins Bordeaux, the French Riviera, the French Alps, Monaco and Saint-Barthélemy in its European luxury property network.

Where will Douglas Elliman (DOUG) locate its new Paris real estate office?

Douglas Elliman plans to base its Paris office in the city’s 7th arrondissement. According to Douglas Elliman, this location is intended to serve high-end buyers and investors in one of the world’s most closely watched luxury residential markets.

Who will lead Douglas Elliman (DOUG) operations in Paris and what is her background?

The Paris region will be led by Charlotte Lonne as Managing Director of the Paris office. According to Douglas Elliman, she has more than ten years of luxury real estate experience, including seven years at a leading Paris brokerage focused on exceptional properties.

How does the Paris move fit into Douglas Elliman (DOUG) international growth strategy?

The Paris expansion is described as the next phase of Douglas Elliman’s international growth strategy. According to Douglas Elliman, it builds on a broader initiative that brought the firm into Europe in 2025 and extends its presence across several premier French and Monaco markets.

What client benefits does Douglas Elliman (DOUG) highlight from its Paris expansion?

Douglas Elliman highlights better service for global luxury buyers moving between key markets such as Palm Beach, Manhattan and Paris. According to Douglas Elliman, integration between its American network and on-the-ground French expertise aims to support international clients seeking trusted partners in the capital.