“There currently exists abundant liquidities in the Korean investment market, as well as many investors eager to find opportunities for overseas real estate assets in the United States,” says Soh. “By joining the SVN platform we are now connected to a vast North American platform of over 200 offices, allowing us unprecedented access to new U.S. markets.” SVN | Korea plans to open additional offices in targeted markets across South Korea over the next three years.

SVN International Corp. President and CEO Kevin Maggiacomo says the expansion into Korea is important to SVN for a number of reasons. “Not only is South Korea a major gateway to Asian markets, but also given the country's vibrant economy, many North American brands are looking to expand into its markets. Given the considerable amount of Korean investment activity in U.S. markets, having such trusted and experienced partners as Mr. Soh and Dr. Shin is invaluable to domestic investors.”

In terms of the company's new operations in Poland, Maggiacomo describes Poland as a major opportunity for foreign investors. “Polish commercial real estate investments have been on the radar for many foreign players, and have seen high U.S. investment activity since 2015. We suspect this trend will continue to gain steam,” he says.

SVN | Poland is led by managing directors Chris Baj, CCIM, CPA and Artur Sitarz and will provide full-service commercial real estate brokerage and investment services with a concentration on logistics and development in the hospitality and office sectors.

SVN | Poland's Baj adds, “Investment funds from all over the world are directing their resources into Poland to support development and expansion opportunities. By aligning with SVN we are poised to take advantage of this peak activity, which is expected to continue at a high pace for many years.”

Baj has served as senior advisor at SVN | Imperial Realty in Allentown, PA since 2012. He has more than 30-years experience in business advisory and commercial real estate consulting. Sitarz brings more than 25-years of executive corporate experience in Poland, leading sales and development strategies for many major U.S. and international brands.

SVN International Corp. President and CEO Kevin Maggiacomo

BOSTON—International commercial real estate brokerage firm SVN International reports it has expanded its presence in Europe and the Far East.

The Boston-headquartered firm has added two international master franchise agreements that launch SVN operations in Seoul, South Korea and Warsaw, Poland. The new SVN (formerly Sperry Van Ness) operations will do business as SVN | Korea and SVN | Poland. The new offices will provide full-service commercial real estate brokerage and investment services to major Korean and Polish markets, the company reports.

The new operations in Korea and Poland mark the fourth and fifth SVN international franchises. SVN went international in 2015 when it opened locations in Canada, Mexico and Russia. The brokerage firm's goals in 2017 are to open office locations in Germany, the United Kingdom, India, Japan and the Caribbean.

SVN | Korea is led by CEO B.W. (Brian) Soh and chairman Dr. J.W. Shin who bring more than 35-years combined expertise in Korean commercial real estate and capital markets, most notably directing regional and global projects for DTZ Korea.

“There currently exists abundant liquidities in the Korean investment market, as well as many investors eager to find opportunities for overseas real estate assets in the United States,” says Soh. “By joining the SVN platform we are now connected to a vast North American platform of over 200 offices, allowing us unprecedented access to new U.S. markets.” SVN | Korea plans to open additional offices in targeted markets across South Korea over the next three years.

SVN International Corp. President and CEO Kevin Maggiacomo says the expansion into Korea is important to SVN for a number of reasons. “Not only is South Korea a major gateway to Asian markets, but also given the country's vibrant economy, many North American brands are looking to expand into its markets. Given the considerable amount of Korean investment activity in U.S. markets, having such trusted and experienced partners as Mr. Soh and Dr. Shin is invaluable to domestic investors.”

In terms of the company's new operations in Poland, Maggiacomo describes Poland as a major opportunity for foreign investors. “Polish commercial real estate investments have been on the radar for many foreign players, and have seen high U.S. investment activity since 2015. We suspect this trend will continue to gain steam,” he says.

SVN | Poland is led by managing directors Chris Baj, CCIM, CPA and Artur Sitarz and will provide full-service commercial real estate brokerage and investment services with a concentration on logistics and development in the hospitality and office sectors.

SVN | Poland's Baj adds, “Investment funds from all over the world are directing their resources into Poland to support development and expansion opportunities. By aligning with SVN we are poised to take advantage of this peak activity, which is expected to continue at a high pace for many years.”

Baj has served as senior advisor at SVN | Imperial Realty in Allentown, PA since 2012. He has more than 30-years experience in business advisory and commercial real estate consulting. Sitarz brings more than 25-years of executive corporate experience in Poland, leading sales and development strategies for many major U.S. and international brands.