Sotheby's International Realty Affiliates LLC today announced it has signed an exclusive 25-year licensing agreement with Indochina Land to develop the Sotheby's International Realty(R: 41.83, +0.21, +0.50%) brand in Vietnam, with its first office set to open in April 2008.
According to Michael R. Good, president and chief executive officer, Sotheby's International Realty Affiliates LLC, Vietnam is an attractive market for the brand and an important step forward in its overall international growth plans.
