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Berkshire Hathaway expands real estate brokerage network into Germany

“Rubina Real Estate is an ideal fit for our network and we’re excited that it will carry the distinction of Berkshire Hathaway HomeServices’ first franchisee abroad”

Warren Buffett
The Berkshire Hathaway HomeServices Rubina Real Estate unit starts in April.

Warren Buffett’s Berkshire Hathaway Inc (NYSE:BRK) has expanded its real estate operation into Germany.

According to a statement released today, Rubina Real Estate GmbH will be the group’s first franchisee in the country, operating as Berkshire Hathaway HomeServices Rubina Real Estate from April onwards.

Global brand bridging Europe, Asia and America

“Rubina Real Estate is an ideal fit for our network and we’re excited that it will carry the distinction of Berkshire Hathaway HomeServices’ first franchisee abroad,” said Gino Blefari, chief executive of the HomeServices network.

Blefari added: “The brokerage’s business acumen and dedication to service and growth mirror our own values and aspirations. As important, Rubina Real Estate is a market leader and is wonderfully positioned in Berlin’s vibrant real estate market.”

Carsten Heinrich, managing director of the German business, added: “We are proud to bring the Berkshire Hathaway HomeServices brand to Berlin, Germany and other key markets in which we serve clients.

“The brand carries the name of Warren Buffett’s Berkshire Hathaway Inc, one of the world’s most respected and trusted corporations.

“We believe the brand will be warmly embraced in our markets and will help us build our global brand bridging Europe, Asia and America. We look forward to a new era of growth as Berkshire Hathaway HomeServices Rubina Real Estate.”

Quick facts: Berkshire Hathaway

Price: 221.26 USD

NYSE:BRK.B
Market: NYSE
Market Cap: $540.99 billion
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