Sotheby's realty franchise goes to Baltics

Affiliate will serve Latvia, Estonia and Lithuania

Realogy subsidiary Sotheby’s International Realty Affiliates announced its expansion into the Baltic states this week.

Baltic Sotheby’s International Realty is located in Riga, the capital of Latvia. The firm will also serve Estonia and Lithuania and plans to open offices in each within the next two years. The three states have a combined population of about 7 million, according to the United Kingdom’s Foreign and Commonwealth Office.