New Zealand Sotheby’s International Realty and Melbourne Sotheby’s International Realty have formed a joint venture to strengthen their foothold in Victoria’s luxury real estate market.
The partnership aims to capitalise on Melbourne’s growth potential, with population forecasts indicating the strongest growth rate of any Australian state.
Mark Harris, Co-Founder and Managing Director of New Zealand Sotheby’s International Realty, said he sees significant opportunities in the Melbourne market.
“This joint venture represents an important step in the growth of the Sotheby’s International Realty brand in Australasia and APAC,” Mr Harris said.
The collaboration will enable Rob Curtain, who leads Melbourne Sotheby’s International Realty, to retain control of his Peninsula offices while expanding the brand across central Melbourne and regional Victoria.
“New Zealand Sotheby’s International Realty has long been one of the brand’s great success stories, growing their business from scratch to dominate the luxury end of the New Zealand property market,” Mr Curtain said.
As part of the expansion strategy, a new central Melbourne office will open in Toorak, led by experienced agents Antoinette Nido and Max Ruttner.
Julian Brown, Co-Founder and Managing Director of New Zealand Sotheby’s International Realty, said the move had strategic importance.
“This partnership with Melbourne Sotheby’s International Realty allows us to further that vision, combining our expertise to build a formidable presence in Victoria,” Mr Brown said.
The joint venture is expected to leverage the combined strengths and resources of both parties to deliver exceptional service to clients and attract top talent to represent the Sotheby’s International Realty brand across Victoria.
“By combining our strengths and resources, we are well-positioned to expand our reach and influence in the Victoria market, delivering exceptional service to our clients,” Mr Harris said.
