Divestiture • Real Estate

@properties Acquires Christie’s Real Estate

On November 17, 2021, @properties acquired real estate company Christie’s Real Estate from Christie s

Acquisition Context
  • This is @properties’ 1st transaction in the Real Estate sector.
  • This is @properties’ 1st transaction in the United States.
  • This is @properties’ 1st transaction in New York.

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M&A Deal Summary

Date November 17, 2021
Target Christie’s Real Estate
Sector Real Estate
Buyer(s) @properties
Sellers(s) Christie s
Deal Type Divestiture

Target Company

Christie’s Real Estate

New York, New York, United States
Christie’s Real Estate is a global network offering exclusive home and luxury real estate services to buyers and sellers worldwide. Christie’s Real Estate was founded in 1987 and is based in New York City.
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Buyer Overview 1

Buyer

@properties

Chicago, Illinois, United States

Category Company
Founded 2000
Sector Real Estate
DESCRIPTION

@properties is a technology-enabled real estate brokerage services provider in the Chicago and Atlanta metro areas and surrounding territories. @properties was founded in 2000 and is based in Chicago, Illinois.


Deal Context for Buyer #
Overall 1 of 1
Sector: Real Estate 1 of 1
Type: Divestiture 1 of 1
State: New York 1 of 1
Country: United States 1 of 1
Year: 2021 1 of 1

Seller Profile 1

SELLER

Christie s

New York, New York, United States

Category Company
Founded 1766
Sector Consumer Services
DESCRIPTION

Christie's is a global art and luxury auction house. Christie's offers a full portfolio of global services to its clients, including art appraisal, art financing, international real estate, and education. Christie's was founded in 1766 and is based in New York, New York.


Deal Context for Seller #
Overall 1 of 1
Sector: Real Estate 1 of 1
Type: Divestiture 1 of 1
State: New York 1 of 1
Country: United States 1 of 1
Year: 2021 1 of 1