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Newmark Acquires Top Uk-Based Real Estate Advisory Firm Gerald Eve

PUBLIC · NMRKMar 10, 2023

Acquiring Company

Newmark

Acquired Company

Gerald Eve a Newmark company

New YorkLondonFinancial ServicesSoftwareAdvertisingReal EstateReal Estate InvestmentProperty ManagementCommercial Real EstateReal EstateReal Estate InvestmentCommercial Real Estate

Description

Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading full-service commercial real estate services business, today announced that it has acquired London-based real estate advisory firm, Gerald Eve LLP ("Gerald Eve"). Gerald Eve operates from nine UK offices across multiple business lines and property types, with particular strength in capital markets, corporate real estate advisory, planning and development, tenant representation, landlord leasing and valuation. The transaction provides Newmark with added depth and breadth of services, augmenting its expansion internationally, including recent acquisitions of investment sales and leasing advisory firms BH2 and Harper Dennis Hobbs, and Paris-based flexible office operator Deskeo. With the acquisition of Gerald Eve, Newmark is positioned to be a market leader in office, logistics and retail in the UK and Europe. Furthermore, with Doug Harmon and Adam Spies recently joining Robert Griffin and Kevin Shannon as Co-Heads of Newmark's U.S. Capital Markets business, the Company is well positioned to expand its capital markets business outside of the U.S.

Quick answer

Newmark is acquiring Gerald Eve a Newmark company, announced March 10, 2023. Newmark is based in New York, New York, United States.

How much did Newmark pay for Gerald Eve a Newmark company?
The deal value was not disclosed.
What does Newmark do?
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.
Where are Newmark and Gerald Eve a Newmark company based?
Newmark is based in New York, New York, United States. Gerald Eve a Newmark company is based in London, England, United Kingdom.
Who are the decision-makers at Newmark?
Fundz holds 2 contacts at Newmark. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Newmark

Location

125 Park Avenue

New York, New York, United States

About

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. Newmark generated revenues in excess of $2.9 billion for the year ending December 31, 2021. Newmark's company-owned offices, together with its business partners, operate from approximately 160 offices with over 6,200 professionals around the world. To learn more, visit nmrk.com or follow @newmark.

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Frequently asked

Who acquired Gerald Eve a Newmark company?

Gerald Eve a Newmark company was acquired by Newmark, based in New York. The deal was reported on March 10, 2023. 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 is publicly traded (NMRK) and operates in Financial Services.

When did Newmark acquire Gerald Eve a Newmark company?

Newmark's acquisition of Gerald Eve a Newmark company was reported on March 10, 2023. Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading full-service commercial real estate services business, today announced that it has acquired London-based real estate advisory firm, Gerald Eve LLP ("Gerald Eve"). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Gerald Eve a Newmark company do?

Gerald Eve is a firm of chartered surveyors and property consultants based in the UK, operating from nine offices. It is privately held, operating in Real Estate, and is based in London.

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