Sotheby’s International Realty announced the launch of its 18th Asian office with the opening of its first location in the Philippines.
The new Philippines Sotheby’s International Realty is headquartered in Makati, the nation’s financial and commercial hub located within the Metro Manila region. Catherine Ocariz-Florencio, a former president of the Philippine Association of Real Estate Boards – City of Taguig Real Estate Board, was hired to manage the new office.
“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 Sotheby’s International Realty network currently has 1,100 offices in 84 countries and territories worldwide. Each office is independently owned and operated.
