Sotheby's extends its brand to the Middle East.Cendant Global Services, Inc., the international master franchising affiliate of Sotheby's International Realty Sotheby’s International Realty, founded in 1976, is a luxury real estate network that offers a collection of luxury homes, estates and properties for sale throughout the world. Affiliates, Inc., announced that it has awarded exclusive master franchise rights for the Sotheby's International Realty brand in Dubai and the United Arab Emirates United Arab Emirates, federation of sheikhdoms (2005 est. pop. 2,563,000), c.30,000 sq mi (77,700 sq km), SE Arabia, on the Persian Gulf and the Gulf of Oman. . The master franchisee will develop a system of real estate offices in each respective Emirate e·mir·ate n. 1. The office of an emir. 2. The nation or territory ruled by an emir. Noun 1. emirate - the domain controlled by an emir that will operate as part of the Sotheby's International Realty network of luxury residential real estate brokerages. Sotheby's International Realty Affiliates, Inc. is a subsidiary of Cendant Corporation. Operating under the name Nakheel Sotheby's International Realty, the newly formed company will offer potential buyers and sellers in the UAE (Uninterruptible Application Error) The name given to a crash in Windows 3.0. In subsequent versions of Windows, a crash was called a "General Protection Fault," "Application Error" or "Illegal Operation." See crash in Windows and abend. market quality re-sales and brokerage services for residential properties. The company will utilize the world-renowned Sotheby's International Realty name and the network's exclusive marketing systems to help bring worldwide attention to its signature projects, in the Arabian Gulf Arabian Gulf: see Persian Gulf. , which include the creation of the world's three largest man-made islands known as The Palm. Other iconic developments include The World, consisting of 300 manmade islands, positioned strategically to replicate the shape of the world map. Michael R. Good, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Sotheby's International Realty network, said, "The prestigious Sotheby's International Realty name is aligned with luxury residential real estate brokerage firms located in many of the world's most beautiful and highly desired locations. Dubai and, in particular, The Palm, is one such location and the level of progress in the real estate market in the UAE is exceptional. Only select real estate firms and individuals meeting our strict qualifications can become part of the Sotheby's International Realty network, and we are very happy to be working with Nakheel in bringing exclusive Sotheby's International Realty services to Dubai and the UAE." Residential real estate brokerage firms that join the new Sotheby's International Realty luxury franchise network have access to exclusive business resources and services, such as marketing, information technology, operations, public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most , recruiting, client referrals and training. The Sotheby's International Realty network has offices located in many leading luxury metropolitan markets, including London, Cannes, Paris, Sydney, Vancouver, Beverly Hills, Calif.; Dallas; Las Vegas; Miami; New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of ; Palm Beach, Fla. and San Francisco, as well as resort areas such as Aspen, Colo., the Bahamas, and Newport, R.I. |
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