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Sotheby's International Realty Opens First Office in Kazakhstan

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Sotheby's International Realty has announced the opening of its first franchise in Kazakhstan, enhancing its presence in the EMEIA region to nearly 220 offices. The new office, led by CEO Diana Alieva, is based in Almaty and aims to serve multiple cities including Astana and Shimkent. With a focus on promoting real estate investments, the firm capitalizes on Kazakhstan's growing luxury market and investor interest. Sotheby’s extensive global network and marketing resources will support the new branch, providing clients with reputable service and growth opportunities.

Positive
  • Expansion into Kazakhstan, increasing global office count to nearly 220.
  • Founded by experienced real estate professionals with 30 years of collective experience.
  • Growing interest in Kazakhstan's real estate market, indicating potential for business growth.
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NEW YORK, Nov. 22, 2022 /PRNewswire/ -- Sotheby's International Realty today announced the opening of Kazakhstan Sotheby's International Realty, signifying the brand's continued expansion to nearly 220 offices in the EMEIA region.

Kazakhstan Sotheby's International Realty is owned and operated by Andrei Manoukovski and will be led by CEO, Diana Alieva, who bring nearly 30 years of collective real estate experience to the company. The company is headquartered in the city of Almaty and will service the entire country, including the cities of Almaty, Astana, Shimkent, Aktobe, and Pavlador.

"Kazakhstan is known for its hospitality, authentic cuisine, and being rich in nature," said Philip White, president and CEO of Sotheby's International Realty. "The country debuted on the Global Fintech Index in 2021 and investors are demonstrating interest in the country's real estate market. There is also a growing trend to increase new development projects. Our continued international expansion further enables our brand to grow strategically and provide added referral opportunities for our clients. I look forward to working with Diana and the entire Kazakhstan Sotheby's International Realty team."

"Our mission is to demonstrate the benefits of real estate investments to clients and our region," said Alieva. "Kazakhstan is a country with established luxury. Clients value quality and trust brands with history. Currently, there are no real estate brands in the region that offer global recognition. Our affiliation with Sotheby's International Realty allows us to differentiate ourselves as a company that represents high standards, heritage, and luxury."

The company has several agents, and their team consists of financial and investment specialists to aid clients on the market and their real estate portfolios.

The Sotheby's International Realty® network currently has more than 26,000 affiliated independent sales associates located in over 1,000 offices in 81 countries and territories worldwide. Kazakhstan 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 1,000 offices located in 81 countries and territories worldwide, including 50 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.

Media Contact: Melissa Couch, Sothebys, melissa.couch@sothebys.realty, (973) 407-6142

 

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SOURCE Sotheby's International Realty

FAQ

What is the significance of Sotheby's International Realty opening in Kazakhstan?

The opening signifies Sotheby's strategic expansion in the EMEIA region, enhancing brand presence and providing new opportunities in a growing luxury real estate market.

Who leads Kazakhstan Sotheby's International Realty?

Kazakhstan Sotheby's International Realty is led by CEO Diana Alieva, who brings nearly 30 years of real estate experience.

What cities will Kazakhstan Sotheby's International Realty service?

The office will service cities including Almaty, Astana, Shimkent, Aktobe, and Pavlador.

How does Sotheby's International Realty support its affiliates?

Sotheby's supports affiliates with operational, marketing, recruiting, educational, and business development resources, leveraging its extensive global network.

What is the ticker symbol for Anywhere Real Estate Inc.?

The ticker symbol for Anywhere Real Estate Inc. is HOUS.

Anywhere Real Estate Inc.

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