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And that's six! Frank Sylvaire, CEO of Paris Ouest Sotheby's International Realty, announced the opening of a new agency in the 11th arrondissement of Paris, located at 14 rue de Charonne, at the return from the Summer holidays. It is the network's first agency in eastern Paris.

After having developed the Connexion group in 1995 alongside his partner at the time, Frank Sylvaire founded in 2008 with his three new partners Paris Ouest Sotheby's International Realty in Neuilly-sur-Seine. Faced with this dazzling success, four other agencies were created: the Victor Hugo agency in the 16th arrondissement in 2010, the Etoile-Monceau agency in the 17th in 2012, and two agencies in 2019, Auteuil and Le Marais.

Historically established in the west, the four partners have bet on this central and emblematic district where some of the most beautiful monuments and places in Paris are located: Place des Vosges, Ile Saint-Louis, Ile de la Cité... The customers' strong demand increase and the opening of the Marais estate agency, which allowed to make superb sales in the 11th and 12th arrondissements, confirmed Frank Sylvaire and his associates that these sectors were real gems.

“We took the decision to open a new agency in rue de Charonne and at the same time to create a new brand: Paris Est Sotheby's International Realty. Rue de Charonne is an incredible street, as pretty as rue de Passy where we are already have very beautiful properties for sale” Frank Sylvaire explains.

Sought after by both Parisians and foreigners coming back to France after these months of pandemic, the 11th and 12th arrondissements have large properties for sale. You can find duplex-apartments of 200 sq. m on the last floors with terraces, or even old rehabilitated artists' studios. The opening at the start of the new school year of this agency will also make it possible to open up to neighboring municipalities such as Saint-Mandé or Vincennes.

And if the first quarter of 2022 was a little slowed down due to covid and the war in Ukraine, the French continue to invest in stone and foreigners come back, thus auguring a dynamic summer and end of the year.

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