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Sotheby’s opens 2nd office in Vietnam

Da Nang airport expansion expected to boost demand for vacation homes

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An expansion of Da Nang International Airport is expected to increase demand for vacation homes in Vietnam's Central Coast region, Sotheby's International Realty Affiliates LLC said today in announcing the opening of Vietnam Sotheby's International Realty's second office in the country.Vietnam Sotheby's International Realty opened its first office in Ho Chi Minh City in December 2008. The opening of a new terminal at Da Nang International Airport in December boosts the airport's annual capacity to more than 4 million passengers a year."We have long considered the Da Nang-Hoi An area a key target in Vietnam's luxury market and of particular importance for Vietnam Sotheby's International Realty," said Michael Piro, country manager for Vietnam Sotheby's International, in announcing the opening of a second office at the Montgomerie Links Golf Course in Quang Nam Province.Piro said Vietnam Sotheby's International is the exclusive representative of properties that include the newly...