Type
Business expansion
Country
Spain
Region
Location of affected unit(s)
Madrid, Barcelona, Valencia, Tarragona, Dénia, other locations
Sector
Financial / Insurance/ Estate
68 - Real estate activities
68.3 - Real estate activities on a fee or contract basis
68.31 - Intermediation service activities for real estate activities

267 jobs
Number of planned job creations
Job creation
Announcement Date
22 July 2026
Employment effect (start)
1 August 2026
Foreseen end date
31 December 2026

Description

Engel & Völkers, a German real estate group, announced a hiring plan in Spain that will add 267 commercial agents in the second half of 2026. The expansion targets Madrid, Barcelona, Valencia, Tarragona and Dénia, with Madrid expected to absorb 44 % of the new hires, while other provinces will also take on recruits.

Commercial representatives will be recruited under a labour contract as sales representatives. The initiative aims to transform the traditional commission-only model by bringing in talent from sales, banking and insurance backgrounds who possess commercial negotiation skills.


Citation

Eurofound (2026), Engel & Völkers, Business expansion in Spain, factsheet number 300784, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/300784.