Daeryun-SJKP, MOU with Sotheby’s International Realty... Strengthening the global real estate sector

New York SJKP, a global partner law firm of Daeryun Law Firm, announced on the 27th that it signed a business agreement (MOU) with global real estate brand 'Sotheby's International Realty'. Through this agreement, both parties decided to join forces to strengthen cooperation in international real estate transactions and cross-border advisory.

This agreement ceremony was held at SJKP's New York office on the 17th, and was attended by key officials from both sides, including CEO Park Dong-il, Vice President Lee Ye-seom, SJKP Director James Meaney, Charlie Oppler, head of 17 Sotheby's branches in the United States, and Sotheby's New York and New Jersey branch manager Michelle Han.

Sotheby's International Realty is a global real estate network launched in 1976 based on the heritage of Sotheby's, a global auction brand. It handles a wide range of portfolios, from ultra-high-priced residential assets to commercial real estate and investment-purpose assets, and is evaluated as a premium real estate platform that connects high-net-worth individuals and investors around the world.

In addition, it is leading the global prime asset market by providing comprehensive services encompassing sales, leasing, and investment advisory by combining local expertise in each country and international network.

In particular, CEO Charlie Oppler is an industry representative who served as president of the U.S. National Association of Real Estate Brokers (NAR) in 2021, and is known to have a vast network and unrivaled expertise in the overall U.S. real estate market.

Through this MOU, SJKP plans to expand comprehensive advisory services, including the purchase, sale, lease, and investment structure review of residential and commercial real estate in major global cities, including the United States. Through this, Korean companies and individual customers will be provided with real estate transaction advice and local law review at the same time, which is expected to enable safer and more efficient overseas asset transactions.

CEO Charlie Oppler said, "Based on Sotheby's global network and local market expertise, we will support SJKP customers with optimized asset management solutions," and added, "We will cooperate to ensure successful asset acquisition and management in major cities not only in the United States but also around the world."

CEO Park Dong-il of Daeryun emphasized, "Overseas real estate transactions must go beyond simple sales and involve a three-dimensional analysis of contract structure, taxation, and local regulations. Through this agreement, we will present practical legal solutions from a cross-border perspective so that customers can manage their assets more stably in the global real estate market."

Meanwhile, SJKP is based at One World Trade Center (1WTC) in New York and is expanding a variety of professional services, including legal, tax, and investment advisory, for domestic and foreign companies and investors wishing to enter the U.S. and resolve international disputes.

Eunhye Lee (zhses3@joseilbo.com)

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