Sotheby's International Realty today announced the opening of Morocco Sotheby's International Realty, signifying the brand's first office in Northern Africa.
The office is located in the city of Marrakech and will service the surrounding region, with plans for future expansion in Essaouira, Tangier, and Rabat.
"Morocco offers a stable and inviting environment for global investors," said Philip White, president and CEO, Sotheby's International Realty. "The country attracts interest from Americans, Middle Easterners, and investors due to its proximity to Western Europe and Marrakech is a promising international city with a growing high-end segment.