Engel & Völkers has today announced the appointment of Stuart Siegel as Global Head of Private Office, effective immediately. Under Siegel’s leadership, the global real estate company strengthens its exclusive Private Office, which offers clients discreet access to premium real estate in the world’s most sought after locations and highly personalized support for affluent buyers and sellers at the very top end of the market.
“The purchase or sale of luxury real estate often involves additional layers of expertise and transactions that are more complex,” said Siegel. “We are seeing a sharp rise in interest for insightful consultancy regarding premium properties worldwide. In 2021, Engel & Völkers closed 90% more deals in the top segment of properties priced over $10 million, compared to the previous year. Our client base, which includes ultra high net worth individuals, is looking to buy or sell absolutely exceptional real estate, often irrespective of a particular life event or time horizon. Both listings and prospective clients in this segment require seamless global support and the utmost discretion. Engel & Völkers currently has 241 Private Office Advisors operating worldwide, with 141 in Americas markets, and we hope to add yet more outstanding individuals to this curated team.”
Stuart Siegel will be joined on the management team by Laura DesMoine, Head of Private Office Americas, and Maximilian Stamm, Head of Private Office EMEA region.