Engel&Völkers Enters the Property Development Market in Spain & Portugal

The company Engel & Völkers is going to develop real estate projects starting with the purchase of land right through to the commercialisation of the property, including getting involved in the construction work if required, according to EjePrime.

The firm has already launched this new business area in Germany and it will soon roll it out to other locations where the company is active, namely, Barcelona, Madrid, Valencia and Portugal.

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Translation/Summary: Carmel Drake