NRT Buys Sotheby's Int'l Realty

Residential real estate brokerage NRT Inc. has reported the completion of its first international acquisition.The Parsippany, N.J.-based company said it has purchased Sotheby's International Realty Ltd. in England from Sotheby's Holdings Inc. The terms of the deal were not disclosed. NRT said the headquarters of Sotheby's International Realty will remain at its current location at 26a Conduit St. on the ground floor of Sotheby's auction headquarters. NRT can be found on the Web at http://www.nrtinc.com.

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