New book guides Chinese consumers through the process of strategically parking wealth in US real estate
Stamford, Conn. (January 31, 2017) – Kicking off the Chinese New Year “Year of the Rooster” celebrations, William Pitt and Julia B. Fee Sotheby’s International Realty today announced that President and CEO Paul Breunich has contributed as a co-author to the upcoming definitive Chinese buyers guide for US real estate.
The book is written all in Chinese, and will be published in early 2017 by one of Beijing’s top business publishers. Chinese real estate consumers are expected to purchase $27 billion in US real estate this year, according to the National Association of Realtors.
Entitled Chinese Institutions’ Definitive Guide to USA Commercial Real Estate, the book includes chapters such as “Why Purchase US Real Estate,” “Important International Tax Issues,” “Single-Family Investment,” “Closing the Deal” and more. The book highlights markets and submarkets in each of America’s top gateway cities, with sections written by local real estate CEOs and brokers nationwide. Top US-China legal experts also helped pen chapters on optimizing tax structures and negotiating joint venture partnerships. Breunich wrote the chapter on Connecticut.
The book writing effort was led by Ben Briggs, Executive Vice President of International Business for Briggs Freeman Sotheby’s International Realty, the global real estate network’s Dallas, Tex.-based affiliate. Briggs has lived in China for over 10 years.
About William Pitt and Julia B. Fee Sotheby’s International Realty
Founded in 1949, William Pitt and Julia B. Fee Sotheby’s International Realty manages a $3.8-billion-plus portfolio with more than 1,000 sales associates in 28 brokerages spanning Connecticut, Massachusetts, and Westchester County, New York. William Pitt and Julia B. Fee Sotheby’s International Realty is the largest Sotheby’s International Realty(R) affiliate globally and the 28th-largest real estate company by sales volume in the United States. A full-service real estate firm headquartered in Stamford, Connecticut, William Pitt and Julia B. Fee Sotheby’s International Realty provides ancillary services including commercial services through its affiliation with Building and Land Technology, a second-generation development company based in Stamford, Connecticut; William Pitt Insurance Services; and an award-winning global relocation division. For more information, visit the website at williampitt.com.
Sotheby’s International Realty’s worldwide network includes approximately 18,000 sales associates located in approximately 825 offices throughout 61 countries and territories.
William Pitt Sotheby’s International Realty Contact:
Andrew Wood
Director of Content
AWood@williampitt.com
(203) 644-1938