CORFAC News

01 Sep2018

AENGEVELT IMMOBILIEN Joins CORFAC International as Dusseldorf-Based Affiliate

CORFAC International is pleased to announce that AENGEVELT IMMOBILIEN has joined the CORFAC global real estate network as its newest affiliate, serving clients in Dusseldorf, Germany.

“AENGEVELT has been a leader in the German real estate market for more than 100 years,” said Andy Jaffe, President of CORFAC International. “We’re thrilled to be adding such a strong firm to our growing network of top-notch independent global service providers.”

“Joining CORFAC International allows us to expand our reach beyond Germany and Europe, while ensuring the same level of service, quality and integrity that we provide to our clients locally,” said Max Aengevelt, Head of International Desk at AENGEVELT. “With our CORFAC partnership, we are looking forward to building new relationships and contributing to an organization that will enhance our future growth strategies.” 

AENGEVELT was established in 1910 and now employs 125 people across six offices in Dusseldorf, Berlin, Frankfurt, Dresden, Leipzig and Magdeburg. The firm covers the office, retail, logistics, hotel and residential segments throughout Germany.

In 2017, the company’s annual transaction volume totaled more than $581 million USD. An additional 2 million square feet of office, logistics and retail space was leased. In total in 2017, the firm generated approximately $22 million USD in fees.
 

 

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Locally Owned. Globally Connected

CORFAC International is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail brokerage, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC has 46 firms in the U.S., six in Canada and 27 in international markets, including Australia, Colombia, France, Germany, Ireland, Israel, Italy, Mexico, Romania, Russia, South Africa, South Korea, Switzerland and the United Kingdom. CORFAC offices completed more than 10,000 lease and sales transactions totaling 500 million square feet of space valued in excess of $8.0 billion in 2017.