Christie's International Real Estate Strengthens Position in South America with Addition of New Affiliate in Colombia

Bogotá, Colombia, July 29, 2012 --(PR.com)-- Christie’s International Real Estate, the world’s leading luxury real estate network, has awarded Affiliate status to Julio Corredor & Cia of in Bogotá, Colombia. The firm is the network’s first Affiliate in the country and has been selected to exclusively represent the Christie’s brand in the entire department of Cundinamarca, which includes Bogotá and the various surrounding areas.

Wholly owned by Christie’s, the world’s leading art business, Christie’s International Real Estate is represented in more than 40 countries. Julio Corredor & Cia joins this carefully selected organization of brokerages with proven records of success in both high-end property sales and exemplary client service. Established in 1960,the company has two offices in Bogotá and will work closely with the auction house’s new office in the city headed by Juanita Madriñan.

“With more than 50 years of experience, Julio Corredor & Cia is an established luxury real estate leader in the increasingly important Colombian property market,” says Rick Moeser, Senior Vice President of Christie’s International Real Estate. “The firm is renowned for its outstanding client service, trusted advisory services, and expert knowledge of high-value real estate projects. We are delighted to welcome Julio Corredor & Cia to the Christie’s International Real Estate network."

“We are very happy to join the Christie’s International Real Estate network,” says Juan Carlos Corredor, Principal Broker/Managing Director of Julio Corredor & Cia. “This is a recognition of our many years as the leading real estate company in the Colombian market. We are a fully integrated company in the real estate sector and our affiliation with Christie’s International Real Estate takes our company to the next level.”

“We have been serving the luxury real estate market in Colombia since our inception, more than 50 years ago. Currently we have over one billion dollars in assets under our management. With a geographically privileged location, two oceans and the entrance gate to South America, Colombia has become one of the most attractive emerging markets in the region. Bogotá, the capital of Colombia, presents itself as the “hub” for many foreign investments, multinational companies, and their regional offices and logistics centers. The economic boom we’re going through offers the best conditions for real estate investors that lead to an important growth in the market, where locals and foreigners are continuously buying properties,” he adds.

With more than eight million residents, Bogotá is the largest city in Colombia and serves as the country’s capital. Declared theWorld Book Capital by UNESCO and Iberoamerican Capital of Culture by the UCCI, Bogotá has become known as “The Athens of South America” as a result of its numerous universities, libraries, and important cultural institutions. The historic city is recognized as an important Latin American culinary destination and is home to the world’s largest bicycling network, the Ciclovía, which covers close to 300 kilometers.

About Julio Corredor & CIA
Established in 1960, Julio Corredor & Cia is the longest operating real estate company in Bogotá, Colombia, and has extensive experience advising large companies in the evaluation and implementation of real estate projects. The firm’s 70 sales associates are led by Principal Broker/Managing Director Juan Carlos Corredor and operate from the company’s two offices in Bogotá.

For additional information on Julio Corredor & Cia listings please visit their Web site at www.juliocorredorycia.com or contact Juan Carlos Corredor at +57 1 4853000.