TORONTO, May 9, 2019 /CNW/ - Peerage Realty Partners Inc. (" Peerage ") announced today that through a wholly-owned subsidiary, it has entered into an agreement to acquire the Sotheby's International Realty Canada franchise rights from a wholly-owned subsidiary of Dundee Corporation (TSX: DC.A ), subject to satisfaction of customary closing conditions and execution of a definitive franchise agreement. It is anticipated that the closing of this transaction shall occur on or about May 17, 2019. Built on a tradition of excellence, the Sotheby's International Realty® brand launched in 1976 to market homes and luxury real estate with exceptional service and professionalism. Sotheby's International Realty Canada is the iconic national brand for Canada's luxury residential and recreational properties.