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Engel & Völkers: new business division for multimillionaires

The internationally active franchise real estate network, Engel & Völkers, has founded a new company division. The network has announced that this new division, which is called "Private Office", is targeted at clients who have assets of at least 50 million US dollars. The Private Office headquarters are located in London.

According to Engel & Völkers, there are already around 80,000 private individuals with such wealth. And this number is increasing. Private Office is starting by providing its services in the key markets in Spain and Switzerland as well as in France, Italy and Germany. By the end of 2007, Engel & Völkers says, this exclusive service will be available throughout Europe and then from 2008 onwards on most of the relevant real estate markets worldwide. Engel & Völkers is looking to provide this target group with a discrete basis to purchase and sell spectacular properties.

Across the world, Engel & Völkers and its franchisees employ more than 2,400 people. Engel & Völkers has over 300 outlets in 25 countries around the globe.


selling high quality residential and commercial properties
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