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Sotheby's International Realty Expands into the Philippines

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Sotheby's International Realty has announced its expansion into the Philippines with the opening of Philippines Sotheby's International Realty, marking its 18th office in Asia. The new office, headquartered in Makati's financial district, will be led by Catherine Ocariz-Florencio, a veteran real estate professional with over 15 years of experience.

The expansion comes amid steady growth in the Philippines' luxury residential real estate sector, driven by increased demand from affluent buyers and investors. The new office will focus on premium properties, from beachfront villas in Palawan and Boracay to luxury penthouses in Manila.

The Sotheby's International Realty network now encompasses more than 26,100 affiliated independent sales associates across 1,100 offices in 84 countries and territories worldwide. The Philippine office will benefit from the global Sotheby's marketing programs and association with Sotheby's auction house.

Sotheby's International Realty ha annunciato la sua espansione nelle Filippine con l'apertura di Philippines Sotheby's International Realty, segnando il suo 18° ufficio in Asia. Il nuovo ufficio, con sede nel distretto finanziario di Makati, sarà guidato da Catherine Ocariz-Florencio, una professionista del settore immobiliare con oltre 15 anni di esperienza.

L'espansione arriva in un contesto di crescita costante nel settore immobiliare residenziale di lusso delle Filippine, trainata da una domanda crescente da parte di acquirenti e investitori facoltosi. Il nuovo ufficio si concentrerà su proprietà di pregio, da ville sulla spiaggia a Palawan e Boracay a lussuosi attici a Manila.

La rete di Sotheby's International Realty ora comprende oltre 26.100 agenti di vendita indipendenti affiliati in 1.100 uffici in 84 paesi e territori in tutto il mondo. L'ufficio filippino beneficerà dei programmi di marketing globali di Sotheby's e dell'associazione con la casa d'aste Sotheby's.

Sotheby's International Realty ha anunciado su expansión en Filipinas con la apertura de Philippines Sotheby's International Realty, marcando su 18ª oficina en Asia. La nueva oficina, con sede en el distrito financiero de Makati, estará dirigida por Catherine Ocariz-Florencio, una veterana profesional del sector inmobiliario con más de 15 años de experiencia.

La expansión se produce en medio de un crecimiento constante en el sector inmobiliario residencial de lujo en Filipinas, impulsado por la creciente demanda de compradores e inversores adinerados. La nueva oficina se centrará en propiedades premium, desde villas frente a la playa en Palawan y Boracay hasta lujosos áticos en Manila.

La red de Sotheby's International Realty ahora abarca más de 26,100 asociados de ventas independientes afiliados en 1,100 oficinas en 84 países y territorios en todo el mundo. La oficina filipina se beneficiará de los programas de marketing global de Sotheby's y de la asociación con la casa de subastas Sotheby's.

Sotheby's International Realty는 필리핀에 Philippines Sotheby's International Realty를 개설하며 아시아에서 18번째 사무소를 열게 되었다고 발표했다. 마카티 금융 지구에 본사를 둔 새로운 사무소는 15년 이상의 경력을 가진 부동산 전문가인 Catherine Ocariz-Florencio가 이끌게 된다.

이번 확장은 필리핀의 고급 주거용 부동산 부문이 부유한 구매자와 투자자들의 수요 증가에 힘입어 지속적으로 성장하는 가운데 이루어졌다. 새로운 사무소는 팔라완과 보라카이의 해변가 빌라부터 마닐라의 고급 펜트하우스까지 프리미엄 부동산에 집중할 예정이다.

Sotheby's International Realty 네트워크는 현재 84개국 및 지역의 1,100개 사무소에 걸쳐 26,100명 이상의 독립 판매 협력자를 포함하고 있다. 필리핀 사무소는 Sotheby's의 글로벌 마케팅 프로그램과 Sotheby's 경매 하우스와의 협회로부터 혜택을 받을 것이다.

Sotheby's International Realty a annoncé son expansion aux Philippines avec l'ouverture de Philippines Sotheby's International Realty, marquant son 18ème bureau en Asie. Le nouveau bureau, situé dans le quartier financier de Makati, sera dirigé par Catherine Ocariz-Florencio, une professionnelle de l'immobilier chevronnée avec plus de 15 ans d'expérience.

Cette expansion intervient dans un contexte de croissance continue du secteur immobilier résidentiel de luxe aux Philippines, stimulée par une demande accrue de la part d'acheteurs et d'investisseurs fortunés. Le nouveau bureau se concentrera sur des propriétés haut de gamme, des villas en bord de mer à Palawan et Boracay aux penthouses de luxe à Manille.

Le réseau de Sotheby's International Realty comprend désormais plus de 26 100 agents de vente indépendants affiliés dans 1 100 bureaux répartis dans 84 pays et territoires à travers le monde. Le bureau philippin bénéficiera des programmes de marketing mondiaux de Sotheby's et de l'association avec la maison de vente aux enchères Sotheby's.

Sotheby's International Realty hat seine Expansion auf die Philippinen mit der Eröffnung von Philippines Sotheby's International Realty bekannt gegeben, was das 18. Büro in Asien markiert. Das neue Büro, das im Finanzdistrikt von Makati ansässig ist, wird von Catherine Ocariz-Florencio, einer erfahrenen Immobilienexpertin mit über 15 Jahren Erfahrung, geleitet.

Die Expansion erfolgt vor dem Hintergrund eines stetigen Wachstums im Luxusimmobiliensektor der Philippinen, das durch die steigende Nachfrage wohlhabender Käufer und Investoren angetrieben wird. Das neue Büro wird sich auf hochwertige Immobilien konzentrieren, von Strandvillen in Palawan und Boracay bis hin zu luxuriösen Penthouse-Wohnungen in Manila.

Das Netzwerk von Sotheby's International Realty umfasst nun mehr als 26.100 unabhängige Verkaufsmitarbeiter in 1.100 Büros in 84 Ländern und Gebieten weltweit. Das philippinische Büro wird von den globalen Marketingprogrammen von Sotheby's und der Verbindung zum Auktionshaus Sotheby's profitieren.

Positive
  • Strategic expansion into growing luxury real estate market in Philippines
  • 18th office opened in Asia, strengthening regional presence
  • Access to affluent buyers and investors in emerging market
  • Partnership with experienced local leadership in prime location
Negative
  • None.

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

FAQ

What is the significance of Sotheby's International Realty's expansion into the Philippines for HOUS stock?

The expansion represents strategic growth in Asia's luxury real estate market, marking the company's 18th office in the region and strengthening HOUS's global presence.

How many global offices does Sotheby's International Realty now operate in 2025?

The network has over 26,100 affiliated independent sales associates across 1,100 offices in 84 countries and territories worldwide.

Who will lead the new Philippines Sotheby's International Realty office?

Catherine Ocariz-Florencio, a real estate professional with 15+ years of experience and former president of PAREB-CTREB, will lead the Philippine operations.

Where is the new Philippines Sotheby's International Realty office located?

The office is headquartered in Makati, the financial and commercial hub of the Philippines.
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