BrokerageIndustry News

Sotheby’s network opens first Japan office

Luxury real estate network further expands global footprint
Published on Apr 4, 2008

Sotheby's International Realty Affiliates LLC today announced the opening of Japan Sotheby's International Realty, its first office in that country. The office is owned by Urban Corporation, a growing, integrated real estate company. In July 2007, the Sotheby's International Realty brand announced the signing of an exclusive 25-year licensing agreement for Japan with the company. Hiroyuki Bozono serves as Urban Corporation's chairman, and Shinji Nakamura is president and chief executive officer for Japan Sotheby's International Realty. Bozono believes the new firm fulfills Japan's need for a strong global real estate presence. "Japan Sotheby's International Realty will open its nation's door in this new global luxury real estate market," said Bozono. "A luxury real estate brokerage company with a strong international network of hundreds of offices and thousands of sales professionals worldwide is unprecedented in Japan. This exclusive network allows us...

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