Franchise news


Engel & Völkers franchise continues to grow

Engel & Völkers AG has announced that it has succeeded in increasing its turnover: the franchise’s turnover increased in the first quarter of 2010 by 25.5 percent to around 33.5 million euros compared to the same period last year. According to the company, one of the reasons for this growth was the strong development of the brand on foreign markets.

Its turnover abroad went up by 53.6 percent to 10.6 million euros. There was, Engel & Völkers said, also a clear increase in sales in Germany. Engel & Völkers sells residential and commercial properties around the world as well as yachts. The franchise business is currently active in 33 countries with over 390 shops for residential properties and 38 offices for the commercial sector. (kbp)


selling high quality residential and commercial properties
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