Buffett’s firm adds German real estate broker to its network

FILE - In this Monday, May 8, 2017, file photo, Berkshire Hathaway Chairman and CEO Warren Buffett speaks during an interview with Liz Claman of the Fox Business Network in Omaha, Neb. Buffett says the storm damage in Texas caused by Harvey is staggering, but he isn’t sure yet how much insurance companies will have to pay in claims. (AP Photo/Nati Harnik, File) FILE - In this Monday, May 8, 2017, file photo, Berkshire Hathaway Chairman and CEO Warren Buffett speaks during an interview with Liz Claman of the Fox Business Network in Omaha, Neb. Buffett says the storm damage in Texas caused by Harvey is staggering, but he isn’t sure yet how much insurance companies will have to pay in claims. (AP Photo/Nati Harnik, File)

By Associated Press March 6, 2018 1 min read

Berkshire Hathaway’s real estate brokerage is expanding overseas with a new franchisee in Germany.

Berkshire Hathaway HomeServices said Monday it is adding Berlin- based Rubina Real Estate to its network.

Financial terms weren’t disclosed.

“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, president and CEO of the network.

Berkshire Hathaway HomeServices, which Warren Buffet launched as a franchised real estate brand in 2013, entered the Chattanooga market in 2015 when one of Chattanooga’s biggest real estate businesses, Realty Center, affiiliated with the franchise to replace the former Prudential Realty Center.