Luxury Outlook 2022
An ambitious exploration into high-end residential markets across the globe.
Sotheby’s International Realty Affiliates LLC today announced it has signed a 25-year franchise agreement with Laguna F&Z Immobilien GmbH. to further expand the Sotheby’s International Realty® brand in Europe with the opening of Austria Sotheby’s International Realty.
Austria Sotheby’s International Realty, led by owner Wilhelm Zirngast and Chief Executive Officer Georges Luks, will serve the luxury residential real estate market throughout the country from the flagship office located in Vienna. The firm has future plans for additional offices in the cities of Graz and Kitzbühel.
“Austria is an attractive market for luxury homebuyers in Central Europe,” said Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC. “For those who appreciate architecture, the capital city of Vienna is graced with an inspiring baroque style, while the landscape throughout the rest of the country varies from elegant city living, to country estates and vineyards, to mountain ski chalets, offering something for everyone. I am proud to welcome Austria Sotheby’s International Realty to our global network.”
“We have an exceptional team of sales professionals who are dedicated to delivering the best service to our clients,” said Luks. “Our approach is built on respect, proven marketing methods and a client-based approach. We are delighted to affiliate with the Sotheby’s International Realty brand in Austria and we endeavor to surpass even the most exacting demands by providing added value and service in a friendly, transparent, informative, proactive and accommodating manner.”
The Sotheby’s International Realty network currently has more than 20,000 affiliated independent sales associates located in approximately 880 offices in 69 countries and territories worldwide. In 2016, the brand achieved a record global sales volume of $95 billion USD. Austria Sotheby’s International Realty listings will be marketed on the sothebysrealty.com global website. In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients will benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs. Each office is independently owned and operated.