Christie’s International Real Estate Expands into Hong Kong

Global luxury real estate network Christie’s International Real Estate has expanded its presence in East Asia with the launch of Christie’s International Real Estate Hong Kong. This move strengthens the firm’s footprint in the region as it seeks to capitalise on the city’s status as a premier global financial hub.

The newly established brokerage will be led by Hong Kong native Samson Law, a veteran of the local property market with over 30 years of experience in sales, management, and technology. Law, who previously founded several boutique real estate firms, including the online platform HongKongHomes.com, will oversee a team of 10 agents operating from the Admiralty district, with plans to double its agent count within the year.

Hong Kong’s luxury real estate market is unique due to its lack of publicly shared listings, requiring brokerages to rely on proprietary client databases. Law’s extensive database, compiled over two decades, is considered one of the most comprehensive in the city, offering the firm a competitive edge in securing high-value transactions.

Christie’s International Real Estate Hong Kong will benefit from the global luxury brand’s expansive network, which includes affiliates in 50 countries and territories. The firm’s clients will gain access to a curated selection of exclusive properties worldwide, as well as marketing partnerships with Christie’s, the world-renowned auction house. The collaboration between the two entities aims to leverage the synergies between fine art, luxury goods, and high-end real estate.

Christie’s presence in the Asia Pacific region has been steadily growing, with auction sales reaching $725 million in 2024, accounting for 26% of its global total. The Hong Kong real estate affiliate is expected to align closely with Christie’s regional operations, further integrating the art and luxury property markets.

Despite recent economic uncertainties, Law remains cautiously optimistic about the market’s trajectory in 2025. He anticipates that economic growth in mainland China, coupled with potential interest rate cuts, could reinvigorate Hong Kong’s real estate sector. He also highlights the city’s historical resilience and its ability to attract global investment.

This expansion follows Christie’s International Real Estate’s broader push into Asia, with new offices launched in Singapore, Thailand, and Vietnam in 2024. Additionally, the firm’s acquisition by Compass, the largest residential brokerage in the US, earlier this year is expected to provide further opportunities for international referrals and cross-border transactions.

With a strategic focus on high-net-worth clients and a growing presence in key Asian markets, Christie’s International Real Estate Hong Kong is poised to become a significant player in the region’s luxury property sector.

Real Estate insider