Franchise news

29.06.2007

Engel & Völkers: new office and six shops in Florida

The Engel & Völkers franchise network which is, it says, the world’s leading licence business for high quality real estate, is planning to open up six new shops in Florida over the next few weeks. The company has announced that it has set up a central office in Naples close to the Gulf coast to organize and expand the partner network there.

“Our aim is to set up a total of 240 real estate shops in Florida over the next eight to ten years,” explained Timo Khammash, managing partner and head of licence distribution at Engel & Völkers in Naples. Once the first six shops have started business, then further outlets will be opening up almost immediately in Fort Myers, Coral Gables, Celebration, Clearwater, St. Petersburg, Naples and Orlando as well as in Miami. Last year, Engel & Völkers received the required approval from the US authorities to grant licences in all 50 US states and is, therefore, beginning to set up a network there. Besides the plans for Florida, the network is also looking at setting up businesses in and around New York as well as in Vermont, New Hampshire, Maine, Massachusetts, Connecticut and on Rhode Island.

The Engel & Völkers network currently has more than 200 shops selling high quality residential property as well as 26 offices for commercial property in 25 countries around the world.


Engel & Völkers (USA)


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