SINGAPORE,June 18, 2025/PRNewswire/ --Newmark Group, Inc. (Nasdaq: NMRK)("Newmark"or"the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces the company has expanded Occupier Solutions to service clients across theAsia-Pacificregion (APAC) with strategic key hires, cementingSingaporeas the hub office.
"This expansion marks a pivotal moment in Newmark's global growth story,"saidBarry Gosin, Chief Executive Officer of Newmark Group, Inc. and Chairman of its operating company, Newmark& Company Real Estate, Inc."Singaporeis a global financial center with strong regional ties and a dynamic business environment that attracts our investor and occupier client base, providing us a key strategic hub from which to serve existing clients and capture new opportunities acrossAsia-Pacificmarkets."
Newmark is scaling its business across APAC, following a growth strategy similar to its expansions in other parts of the world. The company grew its non-U.S. revenues from just 0.9% in 2017 to nearly 13% of all revenues by the first quarter of 2025, exceeding goals ahead of schedule.Singaporeis Newmark's second formal office in APAC after its initial launch inHong Kongin 2022.
"Establishing a strong physical presence inAsia-Pacificmarkets gives us critical proximity to clients and positions us to drive growth across the region,"saidLou Alvarado, Chief Operating Officer."This reflects our long-term vision to redefine real estate advisory inAsiathrough expertise, innovation and relentless client focus."
Newmark has added the following experts in itsSingaporeoffice:
As a global financial hub with world-class infrastructure, a pro-business environment and deep regional connectivity,Singaporeis at the heart of theAsia-Pacificcommercial real estate market. The city-state serves as a launchpad for multinational corporations, investors and fast-growing enterprises seeking to accessSoutheast Asiaand beyond. Newmark's expanded presence positions the company to meet this demand with unparalleled local expertise and global reach.
About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries ("Newmark"), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark's comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform's global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months endedMarch 31, 2025, Newmark generated revenues of over$2.8 billion. As ofMarch 31, 2025, Newmark and its business partners together operated from 165 offices with approximately 8,100 professionals across four continents. To learn more, visit nmrk.com or follow @newmark.
Discussion of Forward-Looking Statements about Newmark
Statements in this document regarding Newmark that are not historical facts are"forward-looking statements"that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company's business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark's Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.
SOURCE Newmark Group, Inc.