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.
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
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%
Income from commissions 51.5 49.1 2.4% 4.8%
COO Residential e Commercial
COO Residential e Commercial
Thilo von Trotha
Christian Völkers becomes Engel & Cie's Director and Partner.
Change of company name from Engel & Cie to Engel & Völkers GmbH.
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.
Opening of the first Engel & Völkers office outside Germany in Palma de Mallorca.
Creation of the Real Estate Academy.
Creating the Master License model.
The creation of Engels & Völkers AG.
Introduction of the licensing concept.
Creation of the new division "Projektmarketing International" (now known as "Resorts").
Large-scale expansion of the Commercial business division.
Founding of the consulting firm, Engel & Völkers Advisory GmbH.
Opening of the 300th international office. Private Office Foundation in London.
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.
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.
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.
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.