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.

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.

"We have strong local partnerships, good client relationships and a professional infrastructure where we focus on high-level training for each of our sales agents," said Vestards Rozenbergs, the firm’s co-owner. 

"The market throughout the Baltic region remains stable for high-end properties and demand is still high from Russian buyers especially."

The firm’s listings will available for view on the sothebysrealty.com global Web site. The luxury market network currently has about 10,600 sales associates located in about 500 offices in 38 countries and territories worldwide, according to the announcement.

***

What’s your opinion? Leave your comments below or send a letter to the editor.

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription
×