Sotheby's International Realty Canada Expands to Meet Growing Demand in Calgary Real Estate Market

Internationally established realty brand increases presence in Calgary due to rapidly growing real estate market

CALGARY, ALBERTA--(Marketwired - June 3, 2014) - Sotheby's International Realty Canada announced today the expansion of its Calgary operations and services, forecasting continued strength in the city's conventional and luxury real estate market segments. Plans include the doubling of the company's office space at a new location at 815 - 17th Avenue SW in the summer of 2014, as well as the addition of exclusive new service arrangements with private aviation services company Albatros Aircraft Corporation operating out of Million Air.

Spearheaded by Mark Evernden, Senior Vice President of Sales with Sotheby's International Realty Canada in Calgary, the ability to offer private jet and helicopter services to targeted clientele comes at a pivotal time as Calgary's economy draws an increasing number of local, national and global elite travelling in and out of the city for business and leisure.

"Calgary has undergone a massive transformation in recent years. Top-tier real estate in the city and surrounding areas is in high demand not just from local homebuyers, but from those travelling and moving here from other parts of the country and around the world," says Ross McCredie, President and CEO of Sotheby's International Realty Canada. "Our growth here reflects confidence in Calgary's appeal locally and internationally."

In the past year, Calgary has experienced continued year-over-year sales growth, particularly in the high-end. The recent $37.88 million listing of Kettle Lakes Ranch by Evernden, among the most expensive residential listing ever in the Calgary area, is one example of the market hitting unprecedented milestones.

"With the changes that are taking place in the market, home sellers now need marketing solutions that showcase their properties within Calgary, across Canada and around the world," explains Mary-Ann Mears, Managing Broker for Sotheby's International Realty Canada in Calgary. "Expanding our operations helps us offer our local and global marketing platform to meet that demand - not only from luxury clientele, but clients with homes at every price point."

About Sotheby's International Realty Canada

Combining the world's most prestigious real estate brand with local market knowledge, Sotheby's International Realty Canada (SIRC) is the leading real estate sales and marketing company for the country's most exceptional properties. With offices in over 25 residential and resort markets nationwide, SIRC provides the highest caliber of real estate service and a global affiliate sales network of approximately 600 offices in more than 45 countries to manage the real estate portfolios of discerning clients from around the world.

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