Auctioneer Sherry FitzGerald has announced the formation of a new venture company, Holiday Homes Abroad, which will be responsible for holiday home agency in the international market, initially in Spain and Portugal. Chairman of the company will be businessman and broadcaster Mr Mike Murphy. With Mr Sean Collins and Mr Brendan Foster, he will hold a 49 per cent stake in the company, with Sherry FitzGerald owning the remaining 51 per cent.