Engel & Völkers: the turnover rises to 500 million in 2016, Italy is the first in committees

bilanci E&V

In 2016, Engel & Völkers, Active Group in the Field of prestigious Real Estate, increased revenues from commissions by 23.6%, reaching 506.3 million euro (against the 409.8 million euro in 2015). “We were able to overcome the half  billion euro, a goal record that reflects the success of our expamsion strategy on a global level,” said Christian Völkers, CEO of Engel & Völkers Ag.

Engel & Völkers has increased in Belgium (+ 12%) and in the Region Dach (+ 8.4%). In North America there has been a growth of 55.3% in revenues from fees. Italy first among the countries where E & V  operates, with a growth of 93.2% in revenues from residential fee

With an increase of the 93,2% compared to 2015, Italy has achieved the highest turnover rate of growth in the residential division, followed by Spain and Portugal, which experienced a 37.2% increase.

Considering the total residential and commercial divisions, in Italy we have evolved from 9.9 million euro in revenues from the 2015 commission to 18.7 million in 2016, that is to say that there was an overall increase of + 89%.

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