Welcome to the Engel & Völkers press section
Here you will find current press releases, market reports, image material and information about the company. If you require further press material, the Global Corporate Communications team will be happy to assist you. You are also welcome to use our press mailing list on this page and share your contact details.
Just in time for spring, the property market is showing positive signs of growth once again. A certain reluctance to buy is now giving way to renewed investment activity, while expected interest rate cuts are leading to first indications that a new period of recovery is upon us. Germany’s tourism market is also showing further signs of recovery and, with 487 million overnight stays last year, fell just short of the record figure set in 2019 (495 million overnight stays)*. The ongoing enthusiasm for so-called “staycations” is also reflected in the vitality of the holiday property market in Germany. In spite of challenges facing the economy, rising interest rates and energy costs, second homes in Germany’s most popular holiday regions remain at a stable high. “Holiday properties in Germany remain rock solid in the face of all manner of circumstances; hardly any other market is so resilient. The extreme euphoria at the idea of owning a holiday home, sparked by the pandemic, only levelled off slightly in 2023, as global travel returned to a state of normality. We are registering a continuous stream of interest,” says Till-Fabian Zalewski, CEO of Engel & Völkers for Germany, Austria and Switzerland, who adds: “The reduction in key interest rates expected this summer is also likely to spur on market momentum, where prospective buyers have been reluctant to take the plunge and buy thus far. The resulting stability and the opportunities then open to such clients to plan better could mean that the number of property listings in the most desirable holiday locations becomes scarcer again.”
Brussels is one of the Engel & Völkers focus markets and demand for property in the Belgian capital and surrounding regions is consistently high.
Marick Schippers himself commented as follows: “I look forward to reinforcing the strong market position of Engel & Völkers even further, by delivering consistently excellent standards. Along with the team, our aim is to become the market leader and we intend to offer our partners not only the very best service, but a human perspective in each collaboration.” Marick Schippers has been working under the Engel & Völkers brand since 2016.
The high demand from national and international buyers on the Majorcan real estate market continued in 2023, according to the Engel & Völkers Majorca Market Report 2023/24. After the strong catch-up repercussions in the wake of the pandemic years, followed by growing international interest in 2022, the market underwent a correction last year towards a more balanced relationship between supply and demand.
Engel & Völkers is pleased to announce the appointment of Muhannad Al Salhi as the new CEO for Italy, effective immediately. He takes over from Tomaso Aguzzi, who is departing the group to pursue new professional opportunities. Muhannad Al Salhi is a highly accomplished manager with extensive sales expertise.
Engel & Völkers is selling the property of Formula 1 star Jenson Button and his wife Brittny Button in Calabasas, California, with an asking price of 7.9 million US dollars (approx. 7.3 million euros). The hacienda-style residence showcases a blend of traditional influences, contemporary design and luxurious finishes.
The international real estate company Engel & Völkers has once again generated an annual turnover in excess of the billion euro mark, despite the challenging market conditions in 2023.
Engel & Völkers currently has a rare and outstanding property listed in its portfolio: Alexandrinen Cottage. Located in Bad Doberan in Mecklenburg-Western Pomerania, it is steeped in fascinating history and now for sale for 40 million euros.
From traditional Alpine chalets to designer mansions in the Rocky Mountains – Engel & Völkers showcases exclusive property listings with the slopes on the doorstep. (Residential property)
Engel & Völkers presents four exclusive properties around the world that not only offer a luxurious way to spend the cold season, but also leave a lasting impression on the next "trick or treat" visit.
The "Freyschlössl" is currently for sale in a prime location in Salzburg's old town. The magnificent property is located on Salzburg's Mönchsberg and, thanks to its elevated position, offers a breathtaking panoramic view of the Hohensalzburg Fortress, Salzburg's old town and the surrounding picturesque mountains.
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Team Lead External Global Corporate Communication
Lan Anh Nguyen
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Lia Lorenzen
PR Manager
Philippa Rusche
PR Manager
Mareike FryeContact
Engel & Völkers Germany
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20457 Hamburg, Germany
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