Sotheby’s International Realty, the US luxury real estate broker, announces it has expanded into Romania by including the local Artmark Historical Estate in its global network. Artmark will now operate under the American brand as Romania Sotheby’s International Realty.
“The modern real estate market in Romania continues to develop and flourish. We are seeing increased demand in Bucharest and its surrounding areas and the luxury market continues to expand as interest grows for holiday and weekend homes at the seaside or in the mountains. Constantin (Prisecaru, the Romanian CEO of Artmark) and his team have a passion for and strong grasp on the Romanian market, and we are proud to welcome them as an affiliate.”Philip White, president and chief executive officer, Sotheby’s International Realty
The Sotheby’s International Realty network currently has more than 23,000 affiliated independent sales associates located in 1,000 offices in 72 countries and territories worldwide. In 2019, the brand achieved a record global sales volume of $114 billion USD.