Christie’s International Real Estate Strengthens Foothold In Latin America With Addition Of Panama-Based Affiliate To Global Network

PANAMA CITY, PANAMA—Christie's International Real Estate, the world’s leading luxury real estate network and a subsidiary of Christie’s auction house, has awarded Affiliate status to Panama Premier Estates, a residential real estate brokerage firm based in Panama City, Panama, which has offices throughout the nation.

“Panama is the second largest financial center in the Americas, after New York,” said Rick Moeser, Senior Vice President, Christie’s International Real Estate. “It is also one of the most dynamic international markets for luxury real estate. We are thrilled to add an affiliate to our global network from this strategic market– especially one with such notable reach and strength -- and we look forward to furthering existing synergies between other affiliates throughout the region."

Headed by Alvaro Rojas, managing partner of the firm – an American and Colombian citizen with a track record of success in launching and developing multi-million dollar businesses in the Latin American region – the team is a dynamic one. The board of Panama Premier Estates includes business leaders from a range of leading industries.

“To be awarded Affiliate status is a true honor for our firm, one which will undoubtedly position Panama Premier Estates as the prime resource for high-end real estate throughout Panama", said Alvaro Rojas. “To be joining an organization known universally for its prestige, quality, strength and rich history is a privilege we will provide to our discerning clientele."

In 2014, FORBES ranked Panama as the number one “Best Place in the World to Retire.” It was additionally named “No. 1” for property investment in 2014, according to a report from “Live and Invest Overseas.” Coupled with the $5.2 billion expansion of the Panama Canal -- to be completed this year -- it is a key market for global luxury business and growth.

Wholly owned by Christie’s, the world’s leading art business, Christie’s International Real Estate is represented in more than 45 countries. Panama Premier Estates joins this carefully selected network of brokerages with proven records of success in both high-end property sales and exemplary client service.

For additional information about Christie’s International Real Estate, please contact Michael Sherman at +1 212 974 4585 or visit www.christiesrealestate.com. For further information about Panama Premier Estates, call +(507)216-8271 or visit www.panamapremierestates.com.

About Christie’s International Real Estate
Christie’s International Real Estate is an invitation-only Affiliate network composed of the world’s most proven and qualified real estate specialists in the luxury residential sector. The company has offices in London, New York, Hong Kong, Beverly Hills, Chicago, and Palm Beach, and more than 140 global Affiliates with 25,000 real estate professionals in 46 countries. For additional information about Christie’s International Real Estate, please visit www.christiesrealestate.com.