Sotheby’s International Realty Affiliates LLC today announced the opening of Vietnam Sotheby’s International Realty, its first office in that country.

The office is owned by Indochina Land, real estate subsidiary of Indochina Capital, with Jill Chodorov serving as country manager. In January 2008, the Sotheby’s International Realty® brand announced the signing of an exclusive 25-year licensing agreement for Vietnam with the company.

“As an emerging international tourist destination with rapid urbanization, Vietnam is a very important market in our global growth plans,” said Michael R. Good, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. “Under the leadership of Jill Chodorov and Indochina Land, consumers in this market now will enjoy the Sotheby’s International Realty brand’s unparalleled level of quality service.”

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