Sotheby’s International Realty establishes presence in PH | Inquirer Business

Sotheby’s International Realty establishes presence in PH

/ 10:51 PM March 31, 2025

Officials from Sotheby's International Realty

(From left) Kathy Lam, senior manager, International Marketing–APAC, Sotheby’s International Realty Affiliates LLC; Chris Palumbo, head of Asia Pacific (APAC) region, Sotheby’s International Realty Affiliates LLC; Catherine Dianne L. Ocariz-Florencio, managing partner, Philippines Sotheby’s International Realty; and Thomas Florencio, director, Philippines Sotheby’s International Realty

Philippines Sotheby’s International Realty (PSIR) stands as the official local affiliate of Sotheby’s International Realty, a highly regarded entity within the world of luxury international real estate.

This alliance–led by seasoned real estate professional Catherine Ocariz-Florencio and her husband Thomas Florencio–marks a pivotal collaboration that aims to elevate the local real estate landscape on the global stage. By leveraging on Sotheby’s prestigious international reputation, complemented by the local expertise of PSIR, this alliance endeavors to establish a platform that presents the stunning properties of the Philippines to the global marketplace.

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The Philippines, with its rich cultural heritage, diverse landscapes, and vibrant communities, is home to some of the most stunning properties one could imagine

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From enchanting beachfront villas nestled along the pristine shores of Palawan and Boracay to luxurious penthouses overlooking the bustling city skyline of Manila, the real estate market here is a treasure trove waiting to be uncovered.

PSIR will undoubtedly ensure that these magnificent properties receive the attention and recognition they truly deserve on an international scale.

“After spending more than a decade engaged with high-end luxury properties in the Philippines, I believe it is essential to further enhance this experience by partnering with a globally recognized leader in luxury real estate. This collaboration will allow us to integrate their best practices with our own. Additionally, this partnership will involve national expansion, with plans to establish a minimum of three major offices across Luzon, Visayas, and Mindanao, over the next five years,” said Ocariz-Florencio, who serves as managing partner of PSIR.

PSIR has invaluable insights into the preferences and expectations of local and international buyers and investors. This awareness, combined with the prestige and global reach of Sotheby’s International Realty, enables it to curate an exceptional portfolio of properties that can cater to diverse tastes and lifestyles.

“Our expansion into the Philippines represents Sotheby’s International Realty’s continued strategic growth in the Asia Pacific region. The opportunities here are thrilling and immense. So, I’m absolutely delighted to welcome Philippines Sotheby’s International Realty to our global affiliate community. Philippines Sotheby’s International Realty is set to transform the luxury market, delivering next level services and one-of-a-kind experiences to its distinguished clientele,” said Chris Palumbo, head of Region, Asia-Pacific (APAC) region, at Sotheby’s International Realty Affiliates LLC.

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