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RISMEDIA, December 22, 2009—Sotheby’s International Realty Affiliates LLC announced that Peters & Peters Sotheby’s International Realty in Wiesbaden, Germany, has joined its luxury real estate network.

The firm is owned by Olivier and Jennifer Peters and will serve the Rhine main region, which includes the cities of Frankfurt and Wiesbaden. The Sotheby’s International Realty network already includes firms in Hamburg, Essen and Dusseldorf.

“The addition of Peters & Peters Sotheby’s International Realty reinforces the strength of our presence in Germany, one of the most important markets in Europe,” said Michael R. Good, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. “We look forward to growth in this market with Olivier and Jennifer Peters and the team of professionals they are building.”

“We have strong partnerships and client relationships at home and abroad, a professional infrastructure and a focus on high-level training of sales agents,” said Olivier Peters. “The market in the Frankfurt region remains stable for high-end properties and the demand is still very high in this strong economic region of Germany.”

For more information, visit www.sothebysrealty.com.

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