Statement from Sotheby’s International Realty: Sycamore Valley Ranch Not for Sale on Taobao

November 02, 2015 16:20 Korea Standard Time

SANTA BARBARA, CALIF.--(Business Wire / Korea Newswire)--It has been reported that the Chinese website Taobao, owned by Alibaba Group, conducted an auction this week in an attempt to sell the Sycamore Valley Ranch, former home of Michael Jackson and owned by The Sycamore Valley Ranch Company, LLC.

Taobao has NO relationship with the owners and/or the agents overseeing the sale of this property. The actions of Taobao are unsanctioned and not legitimate.

The official site for the ranch is as follows:

http://sycamorevalleyranch.com/

View source version on businesswire.com: http://www.businesswire.com/news/home/20151030005996/en/

Website: http://www.sothebysrealty.com

Contact

Sotheby’s International Realty
Suzanne Perkins
805-895-2138

This is a news release distributed by Korea Newswire on behalf of this company.