Newmark Expands APAC Presence with Korea Launch, Appointing John Pritchard as Country Head
Rhea-AI Summary
Newmark (Nasdaq: NMRK) has launched a Korean flagship in Seoul, officially opening its office in the IFC Complex in Yeouido in December 2025 and will serve all industry verticals and asset classes.
John Pritchard joins as Managing Director and Country Head, bringing nearly two decades of experience; the team includes hires for retail, research, tenant representation, and market intelligence roles.
This expansion follows recent openings in Bangalore, Chennai, Dubai, Singapore, Munich and Paris and positions Newmark to support multinational occupiers and investors entering or expanding in Korea.
Positive
- Office opened in IFC Complex, Yeouido, Seoul (Dec 2025)
- John Pritchard named Managing Director and Country Head with ~20 years experience
- Multi‑disciplinary team hired across retail, research, tenant representation, and market intelligence
- Regional footprint expansion follows openings in Bangalore, Chennai, Dubai, Singapore, Munich and Paris
Negative
- None.
News Market Reaction
On the day this news was published, NMRK gained 0.59%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
NMRK is up 0.55% while key real estate peers CWK (-0.84%), COMP (-1.52%), CIGI (-0.38%), FSV (-1.31%) and OPEN (-3.08%) are all down, indicating stock-specific strength versus a softer peer tape.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 08 | Industry award | Positive | -2.3% | Named North America's Best Real Estate Adviser by Euromoney. |
| Dec 04 | Leadership hire | Positive | -0.4% | Appointed Peter Trollope as Global Head of Occupier Solutions. |
| Nov 24 | EMEA acquisition | Positive | +1.1% | Acquired Catella Valuation Advisory to expand Paris valuation footprint. |
| Nov 10 | Senior hires Europe | Positive | -2.2% | Added senior Managing Directors to grow European Debt & Structured Finance. |
| Oct 30 | Large financing | Positive | -1.3% | Arranged $600 million financing for eight-property multifamily portfolio. |
Recent strategic and recognition headlines have generally been positive on content but have often seen flat-to-negative next-day price moves, with only one clear upside reaction.
Over the last few months, Newmark has emphasized global expansion and platform building. Key events include a $600 million multifamily financing on Oct 30 (stock -1.33%), European Debt & Structured Finance hires on Nov 10 (-2.18%), a Paris valuation acquisition on Nov 24 (+1.15%), and Euromoney recognition as North America's Best Real Estate Adviser on Dec 8 (-2.29%). The Korea launch fits this pattern of international footprint expansion and leadership strengthening.
Market Pulse Summary
This announcement highlights Newmark’s continued international build-out, adding a Seoul flagship with an experienced leadership team spanning tenant representation, research, and retail. It follows other recent global expansions and senior hires. Investors may track how quickly the Korea office scales across asset classes, the mix of multinational versus domestic mandates, and any follow-on disclosures in earnings or filings that quantify APAC’s contribution to revenue and margins over time.
AI-generated analysis. Not financial advice.
"Our entry into
Together with Pritchard, the launch of Newmark's operations in
- Karis Kim, Head of Retail, Tenant Representation: Karis has led flagship retail mandates for the world's largest global brands across
Korea , driving market-defining transactions and shaping the country's modern retail landscape. - Judy Jang, Head of Research: With over two decades of experience, Judy is well known for best-practice research and for pioneering sector specific market reports. Prior to joining Newmark, she built research platforms at leading global commercial real estate firms.
- Miji Kyung, Associate Director: Miji advises multinational clients on their Korean corporate real estate strategy. Miji is a leader for the multinational office tenant representation platform, working closely along side Pritchard.
- Sienna Ahn, Senior Manager, Tenant Representation: Sienna specializes in market intelligence and leasing advisory across
Seoul andKorea's key secondary markets. - Leadley Park, Senior Manager, Tenant Representation: Leadley's background includes retail and office advisory for global fast-fashion and F&B brands.
- Chan Joung, Manager, Tenant Representation: Chan advises Korean corporations on overseas expansion strategies across office, logistics, and industrial assets.
"Newmark's business in
As one of the fastest-growing commercial real estate firms in the world, Newmark continues to invest in expanding its capabilities, infrastructure, and geographic footprint, building on its record of sustained growth and its commitment to excellence across service lines and geographies. The opening of Newmark's
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, 2025, Newmark generated revenues of over
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 did Newmark announce on December 15, 2025 regarding Korea (NMRK)?
Where is Newmark's new Korea office located and when did it open (NMRK)?
Who leads Newmark's Korea operations and what is their experience (NMRK)?
Which service teams did Newmark hire for its Korea launch (NMRK)?
How does Newmark's Korea opening fit its global expansion (NMRK)?
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