Engel & Völkers SA expands northwards into Africa

Niël Cronje, CEO of Engel & Völkers South Africa, is pleased to announce that his company has bought the license partner agreements for South Africa's neighbours. "Our excellent relationship with Engel & Völkers' head office in Hamburg has seen them grant us these license agreements, which cover Namibia, Botswana, Zambia and Mozambique," Cronje says. "We're extremely excited about the growth and development in these countries, and are optimistic for the future of other countries in the region as well."

This announcement comes after the rapid growth path enjoyed by Cronje, the brand's master license holder for the majority of South Africa. "We have an average turnover per office of R8.8million per month, while one of the country's other, bigger brands, can only boast R4.2million per office per month. This goes to show that at Engel & Völkers, we're focused on a particular niche of the market, and we're servicing it well, with great success."

With branches located across South Africa, focusing on mainstream residential markets, agricultural property and new developments, the Engel & Völkers system offers its agents and clients a methodical approach to the business of real estate. "Our system is crafted by some of the world's leaders in real estate in Germany, and our methods have been proved successful all over the world," Cronje says. "One of the keys to our success across the world is our sheer internationality - the Engel & Völkers website is a central one run in Hamburg, so buyers and sellers from across the planet can view properties, found anywhere in the world, on one site.

"Our publications - the GG from Germany, and the South African LG (Local Guide) - also enjoy international exposure, and we're confident that we're going to bring substantial value to the real estate markets in our neighbouring countries. This carefully considered decision is also about investing in empowerment - we're going to be equipping local real estate professionals in these countries with some of the best property tools in the world, enabling them to pass on a legacy of success," he concludes.
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