Engel & Völkers named top real estate company in Germany for the first time

Date

Mar 11, 2013

Hamburg, 4 September 2009. Engel & Völkers has emerged as the clear frontrunner in this year’s ranking of German real estate companies! The leading industry magazine “Immobilienmanager” compiles its ranking of German property firms annually, taking into consideration residential property realtors, commercial real estate brokers and universal real estate companies. Engel & Völkers came in first place for the first time for 2008 total revenues, moving up the list from second place in the previous year to the top spot.

Besides total revenues, the “Makler-Ranking” is also based on various other criteria including total transaction volume, business division, sales and leaseholding. Engel & Völkers led the ranking in no less than four categories:
  • Total net revenues in 2008 (previous year: 2nd place)
  • Net commission revenues in 2008 from commercial real estate sales in Germany (previous year: 1st place)
  • Total transaction volume in 2008 from residential property sales in Germany (previous year: 3rd place)
  • Net revenues in 2008 from residential property leaseholding (previous year: 1st place)
CEO Christian Völkers is delighted by this historic takeover at the top of the ranking: “I am truly proud of Engel & Völkers’ superb performance in this year’s “Makler-Ranking”. Besides our expansion in Germany, this is an incentive for us to drive forward our international growth as well.”

For further information please contact:

ENGEL & VÖLKERS AG
Head of Global Corporate Communication
Princess Wittgenstein
Stadthausbrücke 5
20355 Hamburg
Germany
Phone: +49 40 36 13 13 82
Fax: +49 40 36 13 12 35
bettina.wittgenstein@engelvoelkers.com

Engel & Völkers is one of the world’s leading service companies specialised in the sale and leasehold of premium residential property, commercial real estate and yachts. The company currently operates in 31 countries on four continents. The continuous expansion of its unique network and the renowned reputation of its strong brand give the Company access to an exclusive client base. Over 380 residential property shops specialised in high-class real estate and 38 commercial offices offer private and institutional clients a professionally tailored range of services. Leasing, sales, consultancy and valuations form the key competences of the staff of around 3,300 employees.

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