When was Engel & Völkers Residential GmbH organized?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
We have several parents. We are a majority-owned subsidiary of Engel & Völkers U.S. Holding GmbH ("U.S. Holding GmbH"), a German limited-liability company which was organized in December 2005. US. Holding GmbH is wholly-owned by Engel & Völkers Residential GmbH, a German limited liability company, formerly known as Engel & Völkers Immobilien GmbH, which was organized in December 1977 ("E&V Residential"), which is in turn wholly-owned by Engel & & Völkers GmbH, formerly known as Engel & Völkers AG ("E&V GmbH") which is wholly owned by Engel & Völkers Holding GmbH ("E&V Holding GmbH"), a German limited liability company. In or around May 2025, U.S.Holding GmbH and E&V Residential are expected to merge, leaving E&V Residential as the surviving entity. E&V Residential, will then become our new direct parent. Our ultimate parent is Permira VII Inv. Platform S.à.r.l, ("Permira"), a Luxembourg limited liability company.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 8–15)
What This Means (2025 FDD)
According to Engel & Volkers's 2025 Franchise Disclosure Document, Engel & Völkers Residential GmbH, previously known as Engel & Völkers Immobilien GmbH, was organized in December 1977. This entity is a German limited liability company. Engel & Völkers Residential GmbH is a wholly-owned subsidiary of Engel & Völkers GmbH, which was formerly known as Engel & Völkers AG. Engel & Völkers GmbH is, in turn, wholly owned by Engel & Völkers Holding GmbH. Engel & Völkers Residential GmbH is located at Vancouverstrasse 2a, 20457 Hamburg, Germany.
Engel & Völkers Residential GmbH is significant because it is the direct parent company of Engel & Völkers U.S. Holding GmbH. Engel & Völkers U.S. Holding GmbH has been granted an exclusive master license to use the Engel & Völkers system and trademarks in the United States, Mexico, Cayman Islands, Belize, and the Bahamas for the residential real estate brokerage sector.
Engel & Völkers Residential GmbH is responsible for franchising outside of Germany and within Germany for the residential real estate segment. As of December 31, 2024, Engel & Völkers Residential GmbH had 465 franchisees operating in Europe, South America, and South Africa. The company grants both direct and master franchises to third parties globally, utilizing the Engel & Völkers real estate brokerage franchise system.