Estate agent Lisney is to rebrand its residential arm as it partners with Sotheby's International Realty in Ireland.

Known as Lisney Sotheby's International Realty from today, the company will remain wholly Irish-owned and will continue as a full-service property business across both the residential and commercial markets.

The firm's commercial division will continue to operate under the Lisney name.

Lisney has operated here for almost 90 years and currently employs 125 people in a range of agency and advisory services departments across offices in Dublin, Cork, and Belfast.

The Sotheby’s International Realty brand has more than 1,000 offices in 78 countries and territories around the world.

"The move will provide Lisney’s residential clients with an enviable and unrivalled platform from which to market homes to as wide an audience as possible both at home and abroad. The firm will be the only Sotheby’s International Realty affiliated company in Ireland," the companies said in the statement announcing the move.

"Ireland has a proven track record as a successful location for world-leading established and high-growth multinational companies from around the world," David Byrne, Managing Director of Lisney said.

"As a result, we are attracting an increasing number of ex-pats and international employees relocating to Ireland to work in high-profile global firms. We believe it is therefore important that all properties within the Irish residential marketplace have the ability to receive full exposure to the global market," he added.

David Ashmore, Sotheby's International Realty representative in Ireland since 2016, will join Lisney Sotheby’s International Realty as a Director, leading a specialist 'Country Homes and Estates’ team focused on the sale and acquisition of select provincial homes across Ireland.