Royal LePage Announces Major Expansion in British Colombia's Lower Mainland and Sunshine Coast

Sussex Realty joins forces with Royal LePage to Expand Powerhouse Brokerage

December 05, 2014 // Franchising.com // TORONTO – Royal LePage is pleased to announce the addition of Prudential Sussex Realty to the Royal LePage network. Operating as Royal LePage Sussex, its team of close to 300 agents joins Royal LePage's company-owned brokerage operation, the number one brokerage in the nation.

"We are thrilled to welcome the Sussex team to the Royal LePage family," said Phil Soper, President and CEO, Royal LePage. "Sussex is one of the most admired names in real estate, with a long history of successfully marketing some of Canada's most valuable homes. This transaction is a game-changer in British Columbia's Lower Mainland, adding more strength and quality to the nation's largest real estate company."

Alan Stewart of Sussex will remain on board as General Manager. "We are excited to become part of Canada's fastest growing national firm that has stood for innovation, integrity and service excellence for over 100 years," said Alan Stewart, General Manager, Sussex. "After coming to know the team at Royal LePage, I'm more convinced than ever that our people will benefit from their national market share, industry-leading support resources and technology tools available to them. We have always been committed to allowing our REALTORS® to focus on sales, client service and growing their businesses in a highly competitive and quickly evolving industry, and this new affiliation will allow us to amplify our efforts in a really significant way."

Royal LePage now has a more than 25 per cent share of the North Vancouver, West Vancouver and Sunshine Coast markets combined, and has almost quadrupled its share of the luxury real estate market in the Greater Vancouver Area.

"This is truly the coming together of two celebrated real estate companies," said Gino Romanese, Senior Vice President, Brokerage, Royal LePage. "Sussex, a top player in the Vancouver and Sunshine Coast areas, and Royal LePage, Canada's leading national real estate service provider, are together creating a dominant force in the Lower Mainland."

Royal LePage Sussex has offices in North Vancouver, West Vancouver, Gibsons, Sechelt and Pender Harbour (Madeira Park). In November 2013, the Royal LePage corporately-owned brokerage acquired real estate companies in Coquitlam, Port Coquitlam and Surrey, now operating as Royal LePage West Real Estate Services.

About Royal LePage

Serving Canadians since 1913, Royal LePage is the country's leading provider of services to real estate brokerages, with a network of over 16,000 real estate professionals in more than 600 locations nationwide. Royal LePage is the only Canadian real estate company to have its own charitable foundation, the Royal LePage Shelter Foundation, dedicated to supporting women's and children's shelters and educational programs aimed at ending domestic violence. Royal LePage is a Brookfield Real Estate Services Inc. company, a TSX-listed corporation trading under the symbol TSX:BRE. For more information visit: www.royallepage.ca.

SOURCE Royal LePage

Contact:

Gwen McGuire
Kaiser Lachance Communications
416-948-6500
gwen.mcguire@kaiserlachance.com

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