Christie’s Great Estates Continues Expansion in Italy with a New Affiliate in Milan

Broker Immobiliare Joins World’s Leading International Network of Luxury Real Estate Specialists.

New York, NY, July 18, 2010 --( Christie’s Great Estates, the world’s leading luxury real estate network, has awarded affiliate status to Milan’s Broker Immobiliare, raising the number of affiliates in Italy to five. Broker Immobiliare will exclusively represent the Christie’s brand in the city of Milan and throughout the region of Lombardy. Wholly owned by Christie’s, the world’s leading art business, Christie’s Great Estates is represented in more than 40 countries and joins Immobilsarda SRL, La Commerciale SRL, Piccini & Partners, and Romolini Immobiliare in serving the high-value real estate market in Italy. Broker Immobiliare joins this carefully selected organization of brokerages with proven records of success in both high-end property sales and exemplary client service.

“The strength of the Christie’s and Christie’s Great Estates brands continue to drive our international growth,” says Neil Palmer, Chief Executive Officer of Christie’s Great Estates. “Broker Immobiliare, a leader in Milan’s important property market, is a strong addition to our expanding network.”

“Having worked with Dr Alessandrini and his company Broker Immobiliare very successfully in the past—especially in the sale of the Elefante Felice in Porto Ercole on behalf of Queen Beatrix of the Netherlands—I am delighted to welcome Broker Immobiliare to our global network,” says Joachim Wrang-Widén, Christie’s Great Estates European Director of Real Estate.

“We are honored to have been selected by Christie’s Great Estates to join its network of premier real estate companies,” says Alessandro Alessandrini of Broker Immobiliare. “I am certain that our affiliation is the beginning of a long and prosperous journey with the global network.”

A thriving metropolis with a population of more than seven million people, the city of Milan is one of Europe’s most important financial centers with a GDP of US$115 billion—the 26th richest in the world by purchasing power. Revered by artists and cultural luminaries for centuries, Italy’s second-largest city is home to Leonardo da Vinci’s masterpiece, The Last Supper, the world renowned opera house Teatro alla Scala, and soccer teams A.C. Milan and F.C. Internazionale Milano, making it one of Europe’s most popular tourist destinations with over 1.914 million foreign visitors in 2008. The city is also renowned internationally as a fashion and design capital, and is recognized by Globalization and World Cities Study Group and Network (GaWC) as one of the world’s major Alpha cities for its global influence in commerce, industry, music, sport, literature, and art.

Christie's Great Estates
Monique Sofo
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