Siegel’s leadership strengthens the global luxury real estate brand’s designation that specializes in servicing the top segment of the real estate market as demand for consultancy expertise grows among discerning, high net worth clientele
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.
About Stuart Siegel
Stuart Siegel has extensive international expertise and decades of management experience in luxury real estate, lifestyle and hospitality industries around the world. During his tenure as the former President and CEO of Sotheby’s International Realty, he grew the company into the fifth largest real estate brokerage firm in the US at the time of its sale to Realogy. He also founded a company based in Switzerland called Ore Hill Advisors, which specialized in offering property-related consulting services to luxury companies, family offices and private investors. Siegel joined Engel & Völkers in 2014 and has successfully headed up the Private Office in North and Central America since 2019.
About the Engel & Völkers Private Office
The Engel & Völkers Private Office was established in 2007 to provide bespoke services to high net worth individuals looking to buy real estate, and to meet the discerning requirements of clients with exclusive real estate portfolios spanning multiple markets. The Private Office Advisors – the most experienced and successful advisors working under the Engel & Völkers brand – provide sellers and buyers in all price brackets with a degree of expertise and discretion demanded by this client group, which includes leading figures in the worlds of business, politics and the arts.
For further information about the Private Office visit www.evprivateoffice.com.