Engel & Volkers highlighted as a trendsetter in the property industry

US Trend Report includes a European firm in the ranking for the first time

Hamburg, 19 January 2009. The Hamburg-based property company, Engel & Volkers was placed 5th in a worldwide ranking of the top ten trendsetters in the real estate industry in an assessment conducted by the American Swanepoel Trends Report. Engel & Volkers is the first European organisation to be recognised in this way.

Trendsetters are defined by the report as those companies that started initiatives during 2008 that were both different and memorable and could potentially have a far reaching impact on the real estate industry in the years to come. Such a positive assessment is thanks to the successful expansion into the US real estate market through the opening of new residential shops in Florida, Connecticut and New York. We are very pleased to receive this unique recognition and will take it as a positive prelude to 2009, with further shop openings planned in the USA, explained Christian Völkers, CEO of the Engel & Völkers AG.

The Swanepoel Trends Report delivers a 170-page analysis of the dynamic property market in the USA. It reports on important companies and strategies, as well as business models in the real estate sector.

For further information please contact:

Bettina Prinzessin Wittgenstein
Stadthausbrücke 5
20355 Hamburg
Telefon: 040-36 13 11 20
Telefax: 040-36 13 12 35

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