Engel & Völkers : launch of a flagship in Paris

Specializing in sales of high-end properties, the Engel & Völkers group pursues its development and is preparing to open a new agency on the elegant Rue du Faubourg Saint-Honoré. Interview with Alexis Caquet, President of Engel & Völkers France.

Founded in Hamburg in 1977, Engel & Völkers has won recognition as a world leader in prestige real estate. Active in 35 countries, the group covers France from Paris to the Côte d’Azur, and is preparing to open a new agency in the capital.

“This new address at 170 rue du Faubourg Saint-Honoré in the prestigious 8th arrondissement will be an iconic showcase for Engel & Völkers,” explains Alexis Caquet. “With a surface area of 420 m² and a 30-metre façade, this agency on two floors will not only accommodate our advisors, but also become our head office in France. Being close to the sales force is very important to me, and it is also a way of being responsive to adapt quickly to the reality of the terrain.”

In the Bac-Solférino neighbourhood, on the 2nd floor reached by lift, this sumptuous apartment of 350 m2, renovated throughout and ideal for receiving guests, offers 7 main rooms, high-spec appointments and a ceiling height of 4.30 metres. Herringbone parquet floors, fireplaces, and moulded ceilings adorn these rooms basking in sunlight and enjoying clear views. 9.980.000 €.

In the village of Passy, on the 2nd floor of a handsome freestone property built in 1904, this superb Haussmann family apartment of 235 m2 offers a stunning view of the Eiffel Tower and Trocadéro. It is comprised of a spacious double living-room, a large kitchen, a dining-room, and 4 bedrooms including a master suite (5th bedroom possible). 6.5 M€.

Offering direct private access to Parc Monceau, this outstanding property benefits from an outdoor area of 96 m2. Its living space of 556 m2 on three floors is comprised of a magnificent double lounge opening out to the garden, a smoking room, a separate kitchen, and 4 bedrooms including 2 suites. The basement consists of a staff bedroom, a gym, a studio with a terrace, a study, 3 cellars, and a box-garage. Vendu à 13 M €.

Following a career of over 30 years in luxury real estate in Paris, Alexis Caquet joined the Engel & Völkers group in 2021 and became its President for France. Responsible for piloting the group’s development and restructuring, he has notably initiated the imminent launch of the group’s new head office for France. www.engelvoelkers.com

The Engel & Völkers France network currently has 14 teams in Paris, each one expert in a specific arrondissement : “Our mid-term development foresees the opening of several more sales points, especially in the capital. Our goal is to weave a tight grid, to be present in each prized residential arrondissement, and offer our clientele premium service. Assistance highly appreciated, especially by our foreign clients. With a worldwide network of over 16,000 advisors, our strength lies in synergy between different countries. One sale out of every three in Paris involves a foreign clientele”.

On the subject of the Parisian market, Alexis Caquet points out : “The real estate sector has been faced by some challenging years. I prefer to concentrate, however, on the future, especially as we are seeing more positive signs. Since September, we can confirm a net rise in activity, the market is back on track, and we are posting a rise of 23 % in new demands, reactivated acquisition projects, and a rise of 14 % in visits. 2025 looks very promising. Added to which, the very positive effects of the Olympic Games are beginning to be felt. They roused real enthusiasm, internationally. Paris thus occupies a prominent place on the global scene”