{"id":11771,"date":"2021-10-13T14:00:00","date_gmt":"2021-10-13T18:00:00","guid":{"rendered":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/sothebys-international-realty-opens-first-office-in-bulgaria\/"},"modified":"2021-10-13T14:00:00","modified_gmt":"2021-10-13T18:00:00","slug":"sothebys-international-realty-opens-first-office-in-bulgaria","status":"publish","type":"post","link":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/sothebys-international-realty-opens-first-office-in-bulgaria\/","title":{"rendered":"Sotheby&#8217;s International Realty Opens First Office in Bulgaria"},"content":{"rendered":"<style type=\"text\/css\">\n<p>\/* Style Definitions *\/\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}<\/p>\n<\/style>\n<p><span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">Oct. 13, 2021<\/span> \/PRNewswire\/ &#8212;&nbsp;Sotheby&#8217;s International Realty today announced that Iris Estates has joined the network and will now operate as Bulgaria Sotheby&#8217;s International Realty. The addition marks the brand&#8217;s continued growth in <span class=\"xn-location\">Europe<\/span> and marks nearly 200&nbsp;affiliated offices in the EMEIA region.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n                        <a href=\"https:\/\/mma.prnewswire.com\/media\/452508\/SOTHEBY%27S_INTERNATIONAL_REALTY_LOGO.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n                    <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/452508\/SOTHEBY%27S_INTERNATIONAL_REALTY_LOGO.jpg\" title=\"Sotheby's International Realty logo. (PRNewsFoto\/Sotheby's International Realty) (PRNewsfoto\/Sotheby's International Realty)\" alt=\"Sotheby's International Realty logo. (PRNewsFoto\/Sotheby's International Realty) (PRNewsfoto\/Sotheby's International Realty)\"\/><br \/>\n                        <\/a>\n                <\/p>\n<\/p><\/div>\n<p>Bulgaria Sotheby&#8217;s International Realty is owned and operated by <span class=\"xn-person\">Hristo Angelkov<\/span> in partnership with Andrei Manoukovski. The team brings more than 50&nbsp;years of combined experience to the company, which is headquartered in the city of <span class=\"xn-location\">Sofia<\/span>. The company will have two offices and will service the entire country.<\/p>\n<p>&quot;<span class=\"xn-location\">Bulgaria<\/span> is an emerging market and is an attractive destination for residential developments, making it appealing for global investors,&quot; said <span class=\"xn-person\">Philip White<\/span>, president and CEO, Sotheby&#8217;s International Realty. &quot;The country is seeing positive momentum, offers attractive prices, and is situated between major cities in <span class=\"xn-location\">Europe<\/span>, <span class=\"xn-location\">Asia<\/span>, and <span class=\"xn-location\">Africa<\/span>. The luxury segment is well-positioned in the market, and I look forward to supporting&nbsp;Hristo and the entire Bulgaria Sotheby&#8217;s International Realty team as they continue to service the country.&quot;<\/p>\n<p>&quot;As a leader in luxury residential real estate in <span class=\"xn-location\">Bulgaria<\/span>, it was only natural for us to align with a brand like Sotheby&#8217;s International Realty,&quot; said Angelkov. &quot;From the beginning, our company focused on luxury and residential real estate and provided high-quality services to expats and diplomats. Due to the draw of investment opportunities, we expect to receive increased interest from other Western European countries and the <span class=\"xn-location\">Middle East<\/span> from both investors and individuals alike. Our affiliation with Sotheby&#8217;s International Realty enables us to meet and exceed the needs of our clients while presenting these prospects to a global audience.&quot;<\/p>\n<p>The office currently has several sales associates supporting the region with plans for continued growth. The region offers a variety of lifestyle interests including skiing, golf resorts in the mountains and on the Black Sea coast, winter and summer resorts, and is an up-and-coming spa destination.<\/p>\n<p>Manoukovski also successfully owns Moscow Sotheby&#8217;s International Realty, which services <span class=\"xn-location\">Russia<\/span>, <span class=\"xn-location\">Cyprus<\/span>, <span class=\"xn-location\">Kazakhstan<\/span>, <span class=\"xn-location\">Hungary<\/span>, and <span class=\"xn-location\">Slovenia<\/span>, and has been operating for more than 10 years.<\/p>\n<p>The Sotheby&#8217;s International Realty&reg; network currently has more than 24,000 affiliated independent sales associates located in approximately 1,000 offices in 75 countries and territories worldwide. Bulgaria Sotheby&#8217;s International Realty listings are marketed on the sothebysrealty.com global website. In addition to the referral opportunities and widened exposure generated from this source, the firm&#8217;s brokers and clients will benefit from an association with Sotheby&#8217;s auction house and worldwide <i>Sotheby&#8217;s International Realty<\/i> marketing programs. Each office is independently owned and operated.<\/p>\n<p><b>Sotheby&#8217;s International Realty&nbsp;&nbsp;<\/b><\/p>\n<p>Sotheby&#8217;s International Realty was founded in 1976 as a real estate service for discerning clients of Sotheby&#8217;s auction house. Today, the company&#8217;s global footprint spans approximately 1,000 offices located in 75 countries and territories worldwide, including 45 company-owned brokerage offices in key metropolitan and resort markets. In <span class=\"xn-chron\">February 2004<\/span>, Realogy entered a long-term strategic alliance with Sotheby&#8217;s, the operator of the auction house. The agreement provided for the licensing of Sotheby&#8217;s International Realty name and the development of a franchise system. The franchise system is comprised of an affiliate network, where each office is independently owned and operated. Sotheby&#8217;s International Realty supports its affiliates and agents with a host of operational, marketing, recruiting, educational and business development resources. Affiliates and agents also benefit from an association with the venerable Sotheby&#8217;s auction house, established in 1744. For more information, visit <a href=\"http:\/\/www.sothebysrealty.com\" rel=\"nofollow\">www.sothebysrealty.com<\/a>.&nbsp; <\/p>\n<p>The affiliate network is operated by Sotheby&#8217;s International Realty Affiliates LLC, and the company owned brokerages are operated by Sotheby&#8217;s International Realty, Inc.&nbsp; Both entities are subsidiaries of Realogy Holdings Corp. (NYSE: RLGY) a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services. Both Sotheby&#8217;s International Realty Affiliates LLC and Sotheby&#8217;s International Realty, Inc. fully support the principles of the Fair Housing Act and the Equal Opportunity Act. <\/p>\n<p><b>Contact: <br \/><\/b><span class=\"xn-person\">Melissa Couch<\/span><br \/><a target=\"_blank\" href=\"mailto:Melissa.Couch@sothebys.realty\" rel=\"nofollow noopener\">Melissa.Couch@sothebys.realty<\/a><br \/>973-407-6142 <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\">\n<\/div>\n<p>SOURCE  Sotheby&#8217;s International Realty<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY37564&amp;Transmission_Id=202110131000PR_NEWS_USPR_____NY37564&amp;DateId=20211013\" style=\"border:0px; width:1px; height:1px;\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Oct. 13, 2021 \/PRNewswire\/ &#8212;&nbsp;Sotheby&#8217;s International Realty today announced that Iris Estates has joined the network and will now operate as Bulgaria Sotheby&#8217;s International Realty. The addition marks the brand&#8217;s continued growth in Europe and marks nearly 200&nbsp;affiliated offices in the EMEIA region. Bulgaria Sotheby&#8217;s International Realty is owned and operated by Hristo [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wds_primary_category":0,"footnotes":""},"categories":[14],"tags":[],"class_list":["post-11771","post","type-post","status-publish","format-standard","hentry","category-sothebys-international-realty"],"_links":{"self":[{"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/posts\/11771","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/comments?post=11771"}],"version-history":[{"count":0,"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/posts\/11771\/revisions"}],"wp:attachment":[{"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/media?parent=11771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/categories?post=11771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/tags?post=11771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}