Business
Newmark Announces Agreement with Leading Commercial Real Estate Services Group in Poland
NEW YORK and WARSAW, Poland, Jan. 3, 2022 /PRNewswire/ -- Newmark Group, Inc., today announced that it has fortified its presence in the Central and Eastern
About this update from Newmark Group, Inc.
[{"type":"text","content":"NEW YORK and WARSAW, Poland, Jan. 3, 2022 /PRNewswire/ -- Newmark Group, Inc., today announced that it has fortified its presence in the Central and Eastern European ('CEE') market through an agreement with a leading commercial real estate group in Poland. The team will provide a full spectrum of client services in Poland and the surrounding area, operating as Newmark Polska.\n\n \n \n \n \n \n \n\n \nThe agreement underscores Newmark's successes in bolstering its presence throughout Europe, the Middle East and Africa.The 45-person team of real estate professionals based in Warsaw, Wrocław, Tricity and Krakow will benefit from combined resources, technology and product offerings to support Newmark's growing roster of clients in CEE. Led by industry veteran Piotr Kaszyński, the group offers services including tenant representation, market research, valuation and project management. The team will also leverage Newmark's global capital markets expertise, which equips clients with enhanced access to investment opportunities in North America and around the world. \n\"We are thrilled to welcome Kaszyński and his team to the Newmark platform. Aligning ourselves with one of Poland's leading CRE teams is part of our strategy to build greater capabilities in CEE, a dynamic and evolving market,\" said Newmark Chief Executive Officer Barry Gosin. \"Poland's robust and diversified economy, which is benefiting from healthy GDP growth and low unemployment, signals substantial opportunity for the team across numerous business lines.\" \nThe enhanced regional presence will enable Newmark to better serve its clients' needs in Poland, where Newmark operates an existing Warsaw office focused on consulting, lease administration and facilities management. The country currently boasts record-breaking levels of market activity, and companies increasingly identify Poland as a target destination for a variety of functions, including nearshore technology and back-office operations. \nThe agreement underscores Newmark's successes in bolstering its presence throughout Europe, the Middle East and Africa ('EMEA'). Earlier this year, the company commenced its International Referrals program covering EMEA, and recently announced new regional leaders within its International Capital Markets and Valuations practices, in addition to the expansion of Newmark's own ...