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RISMEDIA, April 13, 2010—Sotheby’s International Realty Affiliates LLC announced the opening of Japan Sotheby’s International Realty in Tokyo.

The firm, owned by Hisashi Kitami, will serve the Tokyo and Yokohama markets. Kitami has an exclusive 25-year master franchise agreement for all of Japan and plans to open additional Japan Sotheby’s International Realty offices in key markets across the country over the next several years.

“Tokyo and Yokohama are critical in our growth plans for Japan,” said Michael R. Good, chief executive officer, Sotheby’s International Realty Affiliates LLC. “I am confident that under Hisashi Kitami’s leadership, the company will bring quality service to Sotheby’s International Realty clients worldwide.”

Kitami believes the new company fulfills Japan’s need for a strong global real estate presence. “Japan Sotheby’s International Realty will open a new door in Japan’s global luxury real estate market,” said Kitami. “A luxury real estate brokerage company with a strong international network of hundreds of offices and thousands of sales professionals worldwide is unprecedented here. This exclusive network allows us to ensure customer satisfaction by assisting each client in marketing their properties at both the local and global levels using state-of-art technologies, innovative ideas and exceptional personal service by our internationally trained staff.”

For more information, visit www.sothebysrealty.com.

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