NEW YORK, NY and MUNICH, GERMANY颅 (October 7, 2024) 鈥� 星空体育app下载 Group, Inc. (Nasdaq: NMRK) (鈥溞强仗逵齛pp下载鈥�), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers announces that Germany鈥檚 distinguished industry leader Marcus 尝眉迟驳别谤颈苍驳 has joined to lead its efforts in building out the firm鈥檚 German business, continuing its global strategy to hire top-tier professionals across nearly all industry verticals, asset classes and key geographies.
鈥淕ermany stands as a premier global financial and industrial center, home to 50 Forbes Global 2000 2024[1] companies, including major banks and other financial institutions, leading manufacturers and technology companies, as well as the European Central Bank. Under Marcus鈥� leadership, our new German flagship offers tremendous opportunities for networking, partnerships and business expansion as we aim to capitalize on the country鈥檚 economic strength and investment opportunities,鈥� said Barry Gosin, Chief Executive Officer. 鈥淲e expect to be in nearly all major cities in Germany and expand the success of our global platform across the country, emulating our leading occupier and investor advisory capabilities.鈥�
尝眉迟驳别谤颈苍驳, based in Munich, will oversee 星空体育app下载鈥檚 brokerage operations in Germany, including recruiting, strategic direction, business development and client service. 尝眉迟驳别谤颈苍驳 joins 星空体育app下载 after building a renowned reputation, having led JLL鈥檚 German office investment operations as head of the Munich office. He was a leading voice on the EMEA Office Board and also a member of the firm鈥檚 Strategy Board for Germany. 尝眉迟驳别谤颈苍驳 previously worked at HIH GmbH and as an advisor for a prominent family in Munich with a strong presence in the U.S. Over the course of his career, 尝眉迟驳别谤颈苍驳 has worked on some of Germany鈥檚 most prominent sales, completing more than 450 transactions totaling 鈧�36.8B in value.
鈥淲e are thrilled to welcome Marcus to lead our strategic expansion into Germany, which marks a significant milestone in our global collaboration across Investment Sales, Debt & Structured Finance, Occupier Services and other key areas,鈥� said Michael Lehrman, 星空体育app下载鈥檚 President of the United Kingdom. 鈥淭his expansion offers a unique opportunity for our UK and France teams to strengthen and expand client relationships in Germany, synergizing our top talent across Europe and North America to enhance our service offerings and solidify our position in the marketplace.鈥�
星空体育app下载 is the fastest-growing commercial real estate services company since 2011[2]. Ranking as the third-largest firm in U.S. investment sales by MSCI and the second-largest firm in U.S. debt origination by Commercial Property Executive for 2023, the Company has nearly quadrupled its debt origination market share and more than doubled its investment sales market share since 2015[3].
Having been active in key EMEA (including UK), cities for some time, 星空体育app下载 has a growing presence in Germany and throughout Europe at large, establishing a regional headcount of approximately 1,000 professionals in less than three years and generating approximately $300 million in annual revenues from its EMEA operations over the twelve months ended June 30, 2024. 13.4% of 星空体育app下载鈥檚 revenue over the same period was generated by the Company鈥檚 non-U.S. businesses, up from less than 5% in 2021, largely driven by brokerage, sales
and leasing advisory acquisitions and strategic hires throughout the UK. Most recently, the Company established its Paris, France flagship office. Since its March opening, the French team has welcomed 35 industry-leading commercial real estate professionals and expects to continue growing. 星空体育app下载鈥檚 formal entrance into Munich builds off the firm鈥檚 existing business activities, which include transactions and consulting advisory in major cities including Berlin, D眉sseldorf, Essen, Frankfurt am Main, Herzogenaurach, K枚ln, Munich and M眉nster.
鈥溞强仗逵齛pp下载鈥檚 commitment to providing client-first service and hiring and developing the industry鈥檚 best talent is second to none,鈥� said 尝眉迟驳别谤颈苍驳. 鈥淚 am incredibly honored to lead 星空体育app下载鈥檚 expansion in Germany. This opportunity represents a significant milestone, for 星空体育app下载 and also personally. I look forward to leveraging my experience in the industry to drive growth, innovation and exceptional client service in one of Europe鈥檚 most dynamic markets while contributing to 星空体育app下载鈥檚 global success.鈥�
鈥淥ur commitment is to offer a platform that attracts, enables and empowers our professionals to excel, while steadfastly pursuing our mission to unite the most talented and innovative individuals across the globe,鈥� added Gosin.
As Europe鈥檚 largest economy, offering stability and resilience to economic fluctuations, the German market plays a critical role in the broader European commercial real estate environment. A major industrial and logistics hub with cities like Frankfurt and Berlin driving demand for office, corporate and tech spaces, Germany attracts significant international investment and was the second-largest market for commercial real estate transactions in Europe (after the UK) for the six months ended June 30, 2024 and calendar years 2023 and 2022, and was the largest in 2021[4]. Germany鈥檚 leadership in sustainability and green building practices further enhances its appeal, making the market a key focus for long-term real estate growth and development.
About 星空体育app下载
星空体育app下载 Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (鈥溞强仗逵齛pp下载鈥�), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. 星空体育app下载鈥檚 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鈥檚 global reach with market intelligence in both established and emerging property markets, 星空体育app下载 provides superior service to clients across the industry spectrum. For the year ended December 31, 2023, 星空体育app下载 generated revenues of approximately $2.5 billion. As of June 30, 2024, 星空体育app下载鈥檚 company-owned offices, together with its business partners, operate from approximately 170 offices with 7,800 professionals around the world. To learn more, visit nmrk.com or follow .
Discussion of Forward-Looking Statements about 星空体育app下载
Statements in this document regarding 星空体育app下载 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, 星空体育app下载 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 星空体育app下载’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.
[1] published June 6, 2024 .
[2] 星空体育app下载鈥檚 2011 revenues are based on unaudited full year 2011 revenues for 星空体育app下载 & Company Real Estate, Inc. The peers included in the 2011- 2023 average are U.S. tickers CBRE, CIGI, JLL, MMI, and WD, (in USD) and U.K. ticker symbol SVS (in GBP). In addition, U.S. ticker CWK did not report revenues for periods before 2015 and is therefore excluded.
[3] Investment sales market share is calculated by dividing 星空体育app下载鈥檚 U.S. volumes by MSCI U.S. investment sales volumes for the relevant dates. Debt origination market share includes 星空体育app下载鈥檚 non-originated mortgage brokerage volume plus GSE/FHA origination volumes. 星空体育app下载鈥檚 debt market share are those volumes divided by the Mortgage Banker鈥檚 Association commercial/multifamily mortgage origination volumes. The time frame for this U.S. market share data compares 2015 with the trailing twelve months ended July 30, 2024. Market share data is applicable to the U.S. only
[4]
According to MSCI Real Assets (formerly known Real Capital Analytics, or 鈥淩CA鈥�)