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Engel & Völkers launches new private jet division • New business division called ‘Engel & Völkers Aviation’ • Sale and charter of private and business aircraft

Hamburg, May 18, 2015 The Engel & Völkers Group, a global company specialised in the sale and rental of luxury real estate, properties, yachts and boats, has expanded its service portfolio to include the brokerage of business aircraft and private jets worldwide. The new business division Engel & Völkers Aviation is specialised in aircraft sales and charter, and will make its industry debut at the European Business Aviation Conference & Exhibition (EBACE), 19-25 May 2015 in Geneva, Switzerland, Stand H065. “Engel & Völkers clients are wealthy, with sophisticated demands and expectations. They lead luxury lifestyles and enjoy travelling – both for business and pleasure. We are seeing a growing need for this service amongst our real estate and yachting clients. This opens up significant opportunities for our company and means that we can now offer clients even more services from one single source,” said Christian Völkers, Founder and Co-CEO of Engel & Völkers AG, on the future potential of the new business division. The E&V Aviation division is headed by Bart Boury as CEO, who has many decades of experience working in the aviation industry. Bart Boury is lawyer by education (University of Leuven) with additional master degrees - specialisation in air transport law and air transport economy (University Aix-Marseille), having broad expertise and professional background in starting up new aviation ventures, to include in business aircraft management and operations and aviation tax and legal consultancy.

E&V Aviation will provide air charter brokerage via its ‘E&V Air’ charter quote and booking platform, available online and via mobile app, enabling its global clientele to access the worldwide marketplace of business aircraft. In addition to aircraft charter for individual trips and aircraft trading, Engel & Völkers Aviation is also brokering business and private aircraft for long-term charter, jet card or block hour arrangements, or through fractional ownership schemes. For its aircraft trading brokerage, Engel & Völkers Aviation works together with premium preferred partners with a longstanding professional experience and expertise in the aircraft trading business. Moreover, the company provides comprehensive consulting on legal and taxation issues, aircraft management, (structured) finance, risk management (insurance). Engel & Völkers is the first property company ever to enter the luxury travel market.

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Growth with regional focus While the majority of buyers and charter clients remain geographically situated in North America, followed by Europe, new demand has also emerged from China, the Middle East and South America. “Our entry to the aviation market comes at just the right time. Our global network in 39 countries and our uncompromising level of professionalism will help us to achieve our company targets very quickly,” Christian Völkers concluded. For further information please visit: www.engelvoelkers.com/aviation

(Source: Engel & Völkers Aviation) The Cessna Citation CJ1 seats six passengers and is on sale through Engel & Völkers Aviation for 1.1 million US dollars (approx. 1.0 million euros). For further information please contact: ENGEL & VÖLKERS AG Princess Bettina Wittgenstein Head of Global Corporate Communication Stadthausbrücke 5 20355 Hamburg Germany Phone: +49 40-36 13 11 20 Fax: +49 40-36 13 11 02 Bettina.Wittgenstein@engelvoelkers.com To interview Bart Boury at EBACE 2015 contact: Taunya Renson-Martin Mobile: +32 475 604 096 Taunya.Renson@machmedia.be

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About Engel & Völkers: Engel & Völkers is one of the world’s leading service companies specialised in the sale and rental of premium residential property, commercial real estate, yachts and aircrafts. With its licence system, Engel & Völkers is the only Germany-based firm to rank amongst the top 100 franchise companies in the world.* Around 570 residential property shops specialised in high-class real estate and 65 commercial offices brokering office, retail and industrial space, investment properties, multi-purpose apartment and office blocks and property portfolios offer both private and institutional clients a professionally tailored range of services. Leasing, sales, consultancy and valuations form the core competences of the staff of around 5,500 employees. The Company is currently operating in 39 countries on five continents. Intensive training schemes in its in-house real estate Academy and the high level of quality assurance governing its systematically structured service provision are key factors that account for the Company’s success. In 2014, Engel & Völkers achieved the top position in the broker ranking lists published by both the German Customer Institute (DKI) and the financial magazine “Euro am Sonntag”. Moreover, the Company was selected as the winner in the category “Best Company Brand” at the “Marken Awards der Immobilienbranche” (“Property Industry Brand Awards”) hosted by the ImmobilienScout24. In 2015, Engel & Völkers was named “Top National Employer” for the second time in a row by the German news magazine “Focus”. www.engelvoelkers.com