Sotheby’s International Realty Network Enters Rome

RISMEDIA, July 28, 2009-Sotheby’s International Realty Affiliates LLC announced the signing of an exclusive 25-year master franchise agreement covering Lazio, Rome, with St. Peter – Real Estate s.r.l.

The new firm now will operate as St. Peter Sotheby’s International Realty, with Angelo Savioli serving as office manager and managing director, Arch. Gianluca Puracchio as senior broker and Lola Echeverria Precioso as broker.

“This is a major milestone for the Sotheby’s International Realty® brand as it marks the first time our services will be available in Rome’s luxury real estate market,” said Michael R. Good, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. “The professionals at St. Peter Sotheby’s International Realty are true local market experts and ideal representatives for our brand.”

“Our goal is to expand our presence in Italy’s luxury real estate market, and with the support of the Sotheby’s International Realty brand we now have a more expansive global reach,” said Savioli. “Foreign customers that want to purchase a home for personal use, or as an investment, have a resource in our firm-as both an agent and as a professional consultant.”

For more information, visit www.sothebysrealty.com.