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List Sotheby’s International Realty expands in Southeast Asia

By EdgeProp Team

August 10, 2018 12:42 PM SGT

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The real estate company List Sotheby’s International Realty is expanding its foothold in the Asia-Pacific region, with new offices to open in Thailand, Indonesia, and Vietnam. The Singapore office, with its expansion, will serve as its Southeast Asia regional headquarters.

To affirm its position in the real estate market as the Asian gateway to major cities in Asia-Pacific, List Co., Ltd, which owns List Sotheby’s International Realty, has signed agreements with Sotheby’s International Realty Affiliates LLC to expand into Indonesia and Vietnam. Operations in both countries are projected to open in 2019.

Says Hisashi Kitami, President and Chief Executive Officer of Japan’s List Group, who is also the President and Chief Executive Officer of List Sotheby’s International Realty, “Because of geographical and economical closeness, the addition of Indonesia and Vietnam to our current portfolio of locations will facilitate more cross-border transactions, which will be beneficial for all stakeholders including our clients, employees, and agents.

To date, List Sotheby’s International Realty has 15 offices in the Asia Pacific region. This includes 10 offices in Japan’s major cities such as Tokyo and Yokohama, two offices in Hawaii and one office each in the Philippines (opened in 2016), Singapore (2017) and in Hong Kong (2017). A new office in Bangkok, Thailand will be opening in September 2018.

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