Core Insights - Douglas Elliman Realty is expanding into the French luxury real estate market, targeting prestigious locations such as Bordeaux, the French Riviera, Monaco, and Saint-Barthélemy, with plans to further expand into Paris and the French Alps [1][9]. Company Expansion - The announcement was made during Douglas Elliman's annual sales gathering in Las Vegas, highlighting the formation of an alliance with industry veterans Philippe Curutchet, Fredrik Lilloe, and Edward de Mallet Morgan to serve clients in southern France and Monaco [2][3]. - Douglas Elliman aims to establish 14 offices and over two dozen agents across the south of France, capitalizing on the increasing American demand for luxury properties in the region [6]. Market Context - In 2024, properties valued over $5.85 million represented 30% of total transactions on the French Riviera, generating more than $10.5 billion in real estate sales [6]. - Since 2022, American tourism in France has surged, surpassing British and German visitors in 2024, which has contributed to the heightened demand for real estate among American buyers [6]. Leadership and Expertise - Philippe Curutchet, founder of Globality, has a strong reputation in the French luxury real estate market, focusing on high-end properties across key locations [3][4]. - Fredrik Lilloe has transacted over $2 billion in sales and holds the French record for the highest price per square meter, establishing himself as a leading figure in the French Riviera real estate market [4]. - Edward de Mallet Morgan specializes in high-net-worth transactions across multiple countries, bringing over 20 years of experience in the ultra-prime real estate sector [5]. Strategic Vision - The collaboration with Curutchet, Lilloe, and de Mallet Morgan aligns with Douglas Elliman's vision of creating a global network that emphasizes excellence and client service [3][6]. - The initiative allows Douglas Elliman to provide seamless service across continents, catering to clients who view real estate as a global portfolio [7][8].