Latvian residential properties will be presented at Sotheby’s in London

Participants of Sotheby`s auction will be offered more than ten unique properties

Riga, 24.11.2010. Co-owners of the international real estate company Baltic Sotheby’s International Realty,which deals with luxury  residential properties, will meet the guests of the Sotheby’s auction in London on the 28th and the 29th of November. The prestigious sales auction “Russian Paintings” will present the works of Russian artists of 19th and 20th century.* On closed events, held during the auction, Baltic Sotheby’s International Realty will present to approximately 15 unique residential properties in Latvia to Sotheby’s clients. Among these properties, there will be: “Kukšu Muiža” manor house, “Cinātas” countryside property, Edoles castle, villa in Jurmala on 26 Rotas Street, several extraordinary   apartments in Riga, etc..

“We will have the opportunity to popularize Latvia and show the sophisticated clientele, that our country has truly interesting real estate. We are attending this Sotheby’s auction, because Russian art is demanded, especially among wealthy clients from CIS countries. We think they may have additional interest about Latvia.  Even though our main focus is on property representation, we will inform about the opportunity to obtain  Latvian residence permits as well.”, – Vestards Rozenbergs, co-owner and chairman of the board of Baltic Sotheby’s International Realty emphasized.

Baltic Sotheby`s International Realty will showcase in London those properties, for which company is granted exclusive sales representation rights.

V. Rozenbergs adds:”The Russian masters works are also demanded in China and Western Europe. Hopefully, we will have the opportunity to meet the representatives of these countries on a reception before the auction.”

* The auction will be held on the 30th of November. One of the main works of the auction will be the painting by Alexander Yakovlev “The Kuli-Kuta Dance” (estimated 0,8-1,2 mil. GPB). The auction will also present the works of such masters  like Alexey Bogolubov, Nikolai Dubovsky, Ivan Aivazovsky, Isaak Brodsky and others. To read more about the auction, please visit:

http://files.shareholder.com/downloads/BID/1053867937x0x416893/32e44bdd-80ae-4c96-83ef-2b5786dc57a5/416893.pdf and

http://www.sothebys.com/app/ecatalogue/fhtml/index.jsp?event_id=30334#/r=index-fhtml.jsp?event_id=30334|r.main=event.jsp?event_id=30334/