TORONTO, May 6, 2016 /CNW/ - Chestnut Park Real Estate Ltd., a Peerage Realty Partners firm, has won the prestigious large market Affiliate of the Year Award from Christie's International Real Estate. The award was announced at their annual real estate brokerage owners conference in Dublin, Ireland this week. Christie's International Real Estate is the world's leading luxury real estate brand.

The Toronto-based real estate brokerage won the award in a competition with 136 Christie's International Real Estate affiliates located in 45 countries. The award is for excellence in marketing luxury residential property, the contribution Chestnut Park has made to the Christie's International Real Estate network globally, and the extensive collaboration between Chestnut Park and Christie's, the world's leading auction house which is celebrating its 250th anniversary in 2016. Among the criteria are creativity, market leadership, passion to succeed in the international marketplace and utilizing the Christie's International Real Estate brand in Chestnut Park branding and marketing.

"We are honoured and excited to win this international recognition," said Chris Kapches, president and chief executive officer of Chestnut Park Real Estate Brokerage. "As a firm, we've made it our mission to provide every Chestnut Park agent with the best marketing tools and support to allow them to provide their clients with the most customized service and professionalism in the industry."

Last year (2015) was a record year in sales for Chestnut Park Real Estate. Toronto was ranked as the world's "hottest" luxury home market in the last several years.

Admittance to the Christie's International Real Estate network is by invitation only to real estate brokerages that demonstrate a record of success in luxury property sales.  More than US$119 billion of residential real estate was sold by Christie's International Real Estate affiliated brokerages in 2015. Listings under the Christie's International Real Estate banner must meet specific luxury criteria. 

Dan Conn, Chief Executive Officer of Christie's International Real Estate, said "We have always sought out the leading luxury real estate brokerage firms in the most important luxury global real estate markets.  Chestnut Park has proven itself to be a global leader in all aspects of its real estate marketing activities, and in its deep engagement with both the Christie's auction house and the global Christie's International Real Estate network.  Chestnut Park's collaboration with Christie's auction house on art and lifestyle events allows it to benefit from exclusive access to buyers and sellers of luxury real estate worldwide.  No other firm in the Chestnut Park's market has this unique global access."

"Chestnut Park clients are drawn to the depth and experience of our agents, and the global platform we are able to provide through our relationship with Christie's," said Gavin Swartzman, chief executive officer, Peerage Realty Partners, parent company of Chestnut Park. "The exclusive connection to this long established luxury brand gives Chestnut Park a crucial competitive edge in today's luxury marketplace."

About Chestnut Park Real Estate

Established in 1990, Chestnut Park delivers a superior real estate experience for buyers, sellers and agents. Serving the most desirable neighbourhoods in Toronto and Mississauga as well as the recreational markets of Muskoka, Collingwood and Prince Edward County, Chestnut Park focuses on exemplary customer service rooted in a deep and thorough understanding of the markets it serves. Chestnut Park, a Peerage Realty Partners firm, is proud to be a Canadian affiliate of Christie's International Real Estate, giving Chestnut Park customers true global exposure whether buying or selling. www.chestnutpark.com

About Peerage Realty Partners

Peerage Realty Partners, transacting over $4 billion annually in sales, offers an innovative alternative for independent real estate firms. Peerage embraces the entrepreneurial spirit of our Partner firms by encouraging autonomy while providing human and financial resources to accelerate growth. Our Partners include: Chestnut Park Real Estate, Fifth Avenue Real Estate Marketing Ltd. and Baker Real Estate Inc. www.peeragerealty.com

About Christie's International Real Estate

Christie's International Real Estate is an invitation-only affiliate network comprised of the world's most proven and qualified real estate specialists in the luxury residential sector.  The company has offices in New York, London, Hong Kong, Los Angeles, Palm Beach and Moscow, and has 136 global affiliates with 32,000 real estate professionals in 45 countries.  For additional information about Christie's International Real Estate, please visit www.christiesrealestate.com.

SOURCE Chestnut Park Real Estate