Kienlen Lattmann Sotheby’s International Realty in Basking Ridge, NJ had its key representatives attended the recent Sotheby’s London Contemporary Art Week Auction at the Sotheby’s 34-35 New Bond Street location in London.
Sotheby’s London Contemporary Art Week Auction was held June 25 through June 28. Kienlen Lattmann Sotheby’s International Realty sponsored the June 28th Evening Sale and the June 29th Day Sale. The Evening Sale achieved an 87% sell through rate, totaling $69.4 million in sales, while the Day Sale achieved an 83% sell through rate, totaling $22.2 million in sales. For more information on the Evening Sale including records achieved, click here, and click here for more on the Day Sale.
“This event provided a forum for our network to interact with each other, potential European buyers and Auction House executives and clientele,” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. “Those who attended gained key insights into the European market and overseas buyers. We are proud to offer our network members the opportunity to take part in this important yearly sales event.”
Donna Moore, from the Basking Ridge office of KLSIR, was the representative in attendance.
“I witnessed first-hand, one of the first post Brexit art auctions in London, which brought a fair degree of optimism to a market predominately dismayed by the ‘leave’ decision. Our unique association with the Sotheby’s Auction House provides Kienlen Lattmann Sotheby’s International Realty with a valuable point of differentiation in the global real estate market, said Donna Moore. “Our attendance at the event allows us to showcase our extraordinary listings among this critical and qualified audience of potential buyers and sellers.”