Newmark Named Best Real Estate Consultant by Euromoney

Rhea-AI Summary

Newmark Group (Nasdaq: NMRK) has been awarded the title of world's Best Commercial Real Estate Consultant by Euromoney, alongside three other global honors including recognition in Latin America. This achievement highlights Newmark's position as a leading commercial real estate advisor serving institutional investors, global corporations, and property owners/occupiers.

CEO Barry Gosin emphasized the significance of this client recognition, attributing the success to the company's commitment to recruiting top industry talent and delivering superior service and results. The company maintains its focus on providing innovative and strategic solutions in the commercial real estate sector.

Global Win Among Four Honors Worldwide

NEW YORK, Dec. 10, 2024 /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, has been named the world's Best Commercial Real Estate Consultant by Euromoney. The honor was among four collected by Newmark, including several in Latin America.

"We are honored to be recognized by our clients as a leading brand in commercial real estate," said Barry Gosin, Chief Executive Officer. "Our clients recognize our values and commitment to hiring the best talent in the industry to deliver the best service and results. We remain dedicated to this approach and will continue to provide innovative, strategic and forward-looking solutions."

Newmark earned the honor through its robust growth, which includes a 22% compound annual growth rate (CAGR) between 2011 and 2023. The firm has during that time put significant focus on talent recruitment and retention and expansion across the globe, including key acquisitions in the United Kingdom and recent expansions into France and Germany.

The Best Real Estate Consultant Award is given annually to the company that achieved outstanding success for its business and clients through its provision of market analysis and investment strategy. Consultants are often experts in navigating complex real estate decisions and helping clients optimize their portfolios or strategies.

Newmark was also named the Best Real Estate Consultant in Latin America, as well as in Brazil and Peru.

Euromoney's Real Estate Awards honor excellence in the commercial real estate market at both the regional and global level. The Awards are an opportunity to celebrate the businesses that are truly moving the industry forward.

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 ended September 30, 2024, Newmark generated revenues of approximately $2.6 billion. As of that same date, Newmark's company-owned offices, together with its business partners, operated from nearly 170 offices with more than 7,800 professionals around the world. 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.

 

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SOURCE Newmark Group, Inc.

FAQ

What major award did Newmark (NMRK) receive from Euromoney in 2024?

Newmark (NMRK) was named the world's Best Commercial Real Estate Consultant by Euromoney in December 2024.

How many awards did Newmark (NMRK) receive from Euromoney in total?

Newmark received four awards in total, including the Best Commercial Real Estate Consultant award and several recognitions in Latin America.

What market segments does Newmark (NMRK) serve as a real estate advisor?

Newmark serves large institutional investors, global corporations, and other owners and occupiers as a commercial real estate advisor and service provider.

What did Newmark's CEO say about the Euromoney award in 2024?

CEO Barry Gosin stated they were honored to be recognized by clients as a leading brand in commercial real estate, highlighting their commitment to hiring the best talent and delivering superior service and results.