International premium real estate firm expands in the Greater Toronto Area through partnership with Draco Realty
Markham, Ontario (March 2, 2016) – Engel & Völkers, a European-based premium real estate firm, announced its newest shop in Canada in Markham, Ontario bringing the firm’s global network and exclusive level of service to this culturally rich and diverse market. The expansion comes with the union between the storied international brokerage and Draco Realty Inc., the area’s leading boutique real estate brokerage. Led by Sophia Hu, owner and Broker of Record, the new Engel & Völkers Markham is the first Chinese-owned Engel & Völkers brokerage in North America and will provide its premium service and international reach to clients throughout the Greater Toronto Area. With a team of expert advisors fluent in both Cantonese and Mandarin, they will also be supporting the large Chinese community in the Markham area.
“Sophia and her team have cultivated a level of expertise in Markham where they are strongly positioned as real estate forces in their local market and among their international clientele,” said Anthony Hitt, CEO of Engel & Völkers North America. “We share the same commitment to professionalism and quality service and I am proud to have Sophia leading us in the market.”
The Engel & Völkers Markham shop is located in the central business core of Markham on Woodbine Avenue. As one of Canada’s most diverse communities, Markham enjoys a rich heritage, outstanding community planning and a vibrant local economy. The city has received the Excellence Canada Gold Award for Organizational Quality & Healthy Workplace and multiple heritage and environmental awards.
“Engel & Völkers is a globally recognized brand and its vision is exactly the one I have been pursuing for a long time,” said Hu. “This is a great opportunity for us and Engel & Völkers to work harmoniously to provide our international clients with not only a worldwide real estate network, but with lifestyle expertise as well.”
With shops in Toronto, King City, Collingwood, Vancouver, Victoria, Calgary, Mont-Tremblant and Montreal; and, in the U.S. with San Francisco, Beverly Hills, Lake Tahoe, Houston, South Charlotte, Minneapolis and New York City, Engel & Völkers continues to strengthen its presence in premium real estate markets across North America. Additionally, Engel & Völkers continues to expand throughout Canada with planned openings in several new markets.
About Engel & Völkers
Since its beginning in 1977 as a specialty boutique providing exclusive, high-end real estate services in Hamburg, Germany, Engel & Völkers has become one of the world’s leading companies specializing in the sale and lease of premium residential and commercial property, yachts and private aviation. Engel & Völkers currently operates a global network of over 7,000 real estate advisors in more than 700 brokerages spanning 37 countries across five continents, offering both private and institutional clients a professionally tailored range of luxury services. It established its North America corporate headquarters in 2007 and opened its first brokerage in the same year. Committed to exceptional service, Engel & Völkers supports its advisors with an array of premium quality business services; marketing programs and tools; multiple platforms for mobile, social and web; as well as access to its global network of real estate professionals, property listings and market data. Each brokerage is independently owned and operated.
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For further information please contact:
Engel & Völkers North America
212-234-3100 ext. 9809
416-515-7667 Ext. 25