Christie's International Real Estate

Christie's International Real Estate is the luxury real estate arm of Christie's, the fine art auction house. This wholly owned subsidiary was established in 1995 and is an international network of high-end real estate brokers.[1]

Christie's International Real Estate
Subsidiary of Christie's
IndustryLuxury real estate
FoundedGreat Estates (1987). Acquired by Christie’s in 1995.
Number of locations
Worldwide
Key people
Dan Conn (CEO)
Bill Hamm (COO)
Number of employees
69
Websitewww.christiesrealestate.com 

History

Christie’s, founded in 1766 by James Christie, pursued an innovative real estate venture in 1995 by acquiring Great Estates, a luxury real estate network founded in 1987. Christie’s International Real Estate is an affiliate network and has offices in London, New York, Hong Kong, Beverly Hills, Chicago, and Palm Beach; and more than 135 affiliated brokerages [2] in Europe; North, Central, and South America; and the Caribbean as well as Asia, Africa, and Oceania.[1] On January 11, 2011, the company changed its name from Christie’s Great Estates to Christie's International Real Estate.

Christie’s International Real Estate magazine

Christie’s International Real Estate is a quarterly full-colour publication showing international luxury real estate being offered for sale by the real estate network. This quarterly magazine is a high-profile, full-color publication circulated to tens of thousands of affluent individuals worldwide, and is also available for sale.[1]

Notable sales

Significant sales from the Christie's International Real Estate network include:

  • Copper Beech Farm (Greenwich, Connecticut). The 50-acre waterfront estate was sold in April 2014 for US$120,000,000 and was, at the time of sale, the highest residential transaction ever recorded in the United States.[3]
  • Hotel De Soyecourt (Paris, France), which sold in September 2006 and was listed at €100,000,000.[4]
  • The Playboy Mansion (Los Angeles, California), which sold for over US$100,000,000 in 2016.[5]
  • Kaiuso (Kyoto, Japan), which sold in December 2009 and was listed at ¥8,000,000,000.
  • Gouverneur Bay Estate (St. Barthélemy, French West Indies), which sold in 2009 for €61,200,000 (approximately US$89,000,000).
  • The Manor (Holmby Hills, Los Angeles, California), which sold in June 2011 for US$85,000,000.[6]
  • The Elaine Estate (Sydney, Australia, which sold in April 2017 for more than A$70,000,000.[7]
  • Triplex Penthouse in the Golden Square (Monte Carlo, Monaco), which sold in March 2017 for US$61,000,000.[8]
  • Little Jennie Ranch (Jackson Hole, Wyoming), which sold in 2005 and was listed at US$55,000,000.[9]
  • Conyers Farm Estate (Greenwich, Connecticut), which sold in August 2004 and was listed at US$53,000,000.[10]

References
  1. Kime, Susan (June 4, 2013). "A New Trend in Passion Investment: Vineyards By Christie's International Real Estate". JustLuxe.com. Retrieved 2013-06-25.
  2. "Global luxury real estate market showing 'strong momentum'". Inman News. March 11, 2013. Retrieved 2013-06-25.
  3. "Most Expensive U.S. Home Sale Ever: Connecticut Estate Goes For $120 Million" from Forbes
  4. "Christies Great Estates and Carolina Affiliates" from Charleston Million Dollar Homes
  5. "Top real estate sales of 2016: L.A.’s record year included two $100-million sales"
  6. "Spelling Mansion Sells to Racing Heiress"
  7. "Point Piper estate Elaine sold for more than $70 million, sets national price record" from Domain News
  8. "Top 2016 & 2017 Real Estate Sales" from Luxury Defined.com
  9. "Little Jennie Ranch Sold Archived 2009-07-26 at the Wayback Machine" from Luxist.com
  10. "Sold: Legendary 80-Acre Conyers Farm Archived 2009-02-06 at the Wayback Machine" from DavidOgilvy.com

Further reading
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.