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Engel & Völkers - A brief overview

Positioning itself in the high-end segment of the residential real estate market, the brand, Engel & Völkers, has been expanding in Portugal since 2009, when its chain of offices were extended to the capital, Lisbon.

Due to the authenticity of the country, the premium location of the properties, the ability to take part in diversified and elite sports, in particular golf, climate and the accessibility to Europe, Portugal has had an influx of property buyers, potential investors, and foreign customers.The total number of properties for sale is around 36,000 worldwide, of which about 1,000 correspond to the Portuguese portfolio.

The company's quality service together with its extensive international network, give the brand a prominent position in the Portuguese market for high-end properties, and its expansion plan is to extend the network of offices in the local market by the end of 2018.

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General Information

  • Founded in 1977

  • - Licenses since 1998

  • - Operating in 38 countries on five continents

  • - Brand revenue:

       - 2006: approx. EUR 123.6 million
       - 2007: approx. EUR 160.7 million
       - 2008: approx. EUR 146.5 million
       - 2009: approx. EUR 137.1 million
       - 2010: approx. EUR 172.9 million
       - 2011: approx. EUR 206.4 million
       - 2012: approx. EUR 230.8 million
  • - More than 5,000 employees worldwide

  • - More than 540 branches

  • - 60 Commercial Offices

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Financial data

Figures in euros                                     2012    2011       Absolute          Deviation in %

Group revenues in commissions          179.3     157.3        22.0%              14.0%

Residential market in Germany            98.3       92.6          5.7%                6.1%


International residential market            81.0       64.7        16.3%               25.2%

Income from commissions                    51.5      49.1        2.4%                 4.8%


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General Management

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Christian Völkers
CEO

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Kai Enders
COO Residential e Commercial

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Sven Odia
COO Residential e Commercial

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Thilo von Trotha 
MSc
CFO

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1981

Christian Völkers becomes Engel & Cie's Director and Partner.


1987

Change of company name from Engel & Cie to Engel & Völkers GmbH.


1988

Grund Genug publishing foundation and first publication of the architecture and lifestyle magazine GG.

The expansion of the Residential Division opens the Engel & Völkers Foundation Gewerbe Immobilien GmbH.

Foundation of Engels & Völkers Gewerbe Immobilien GmbH.


1990
Opening of the first Engel & Völkers office outside Germany in Palma de Mallorca.


1996
Creation of the Real Estate Academy.


1998
Creating the Master License model.


1999
The creation of Engels & Völkers AG.


2002
Introduction of the licensing concept.


2004
Creation of the new division "Projektmarketing International" (now known as "Resorts").


2006
Large-scale expansion of the Commercial business division.


2007
Founding of the consulting firm, Engel & Völkers Advisory GmbH.
Opening of the 300th international office. Private Office Foundation in London.


2008
Founding of the new division of Yatching. Founding of Engel & Völkers Charity.
Starting the international expansion of the Commercial division: Opening of international commercial offices in Prague, Lisbon and Doha.


2009
Opening of the 400th international office. Creation of Capital AG.
Engel & Völkers wins first place in "Maklerranking" of the magazine immobilien manager.
Creation of Engel & Völkers Development GmbH.

2010
The opening of the first offices in Uruguay and Sweden.
Opening of the first office in Australia - Engel & Völkers in operation on five continents.
Engel & Völkers won the first prize again in the "Maklerranking" of the magazine immobilien manager.


2012
The European Society for Real Estate Brand Observation (EUGIMB) names Engel & Völkers as the most valuable German property brand in the Property Broker category.
Opening of the 500th international office.

Licence Partner Contact

Portugal

To contact us, please use the following link to our locations page.


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