BERKSHIRE HATHAWAY AND COLBERT CORP. PARTNERS TO EXPAND THE LUXURY REAL ESTATE MARKET IN SPAIN

The recent alliance between Berkshire Hathaway HomeServices Spain and Colbert Corp. signals a promising stage of growth and expansion for both entities in real estate. This strategic agreement is set to expand Berkshire Hathaway's portfolio by 14%, significantly boosting its presence and operations in the competitive Spanish real estate market. This collaboration stands out for its potential to strengthen services to clients seeking luxury properties and high-quality asset management, supported by the synergy of two companies with a solid track record of success and adapting to market dynamics.

Especially in Barcelona, the alliance with Colbert Corp. is anticipated to boost Berkshire Hathaway's revenue by an estimated 25% during the first year of joint activity. This optimism is based on the complementarity and robust reputation of both firms, now unified in their effort to offer a more comprehensive and specialized service in the luxury real estate market.

Founded by Jordi Sastre in 2011, Colbert Corp. began its journey in the sector as a tertiary asset manager for banking institutions and a specialist in the restructuring of family estates during the real estate crisis. Over time, the firm has evolved into consulting and brokerage, demonstrating a remarkable ability to adapt and a deep understanding of the real estate market.

This alliance is part of an ambitious 10-year expansion plan for Berkshire Hathaway HomeServices Spain, with a particular focus on the luxury residential market in the Mediterranean, Balearic and Canary Islands. The collaboration with Colbert Corp. which has proven to be a versatile and effective player in the sector since its foundation, will accelerate and deepen this expansion plan.