Engel & Völkers
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| Industry | Real Estate, Yachting, Aviation |
|---|---|
| Founded | Hamburg, Germany (1977) |
| Headquarters | Hamburg, Germany |
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Number of locations
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38 countries |
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Key people
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Christian Völkers |
| Revenue | € 230,8 mio. (in 2013 in Euro) |
| Website | www |
Engel & Völkers AG is a privately owned German company that, via a series of franchised offices, provides services related to real estate transactions.
Engel & Völkers was founded under the name Engel & Cie in 1977 in Hamburg, Germany. The company expanded through a franchise system and since 2013 through the Metropolitan Market Center concept.
The firm has around 520 residential property offices and 49 commercial offices brokering retail, office and industrial space, investment properties, multi-purpose apartment and office blocks and property portfolios.
Presently, Engel & Völkers operates in 39 countries on 6 continents, with a workforce of more than 7,000 people across more than 500 luxury real estate brokerages and 49 commercial offices brokering retail, office and industrial space, investment properties, multi-purpose apartment and office blocks and property portfolios offer both private and institutional clients. The company's headquarters is situated in Hamburg, Germany and regional headquarters are located in New York City and Hong Kong.
Engel & Völkers Private Office specialises in serving private clients, operating similar to a family office. From its headquarters in London and with the utmost discretion, the Engel & Völkers Private Office provides personal support to clients interested in selling or buying global luxury property.
The company has expanded in recent years into the world of yachting.
In 2013 the company established the Metropolitan Market Center (MMC) concept in Barcelona, Spain. The licence for an MMC covers the entire geographical region of a metropolis. This means that its transaction volume is equivalent to that of between ten and 20 traditional Engel & Völkers shops and offices. Nowadays, there are several of them, such as Madrid, Paris, Dubai, Rome, New York City.
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