STOCK TITAN

Newmark Secures £325 Million Financing for 30 Fenchurch Street on Behalf of Brookfield

Newmark (Nasdaq:NMRK) arranged a £325 million refinancing loan for 30 Fenchurch Street in London on behalf of private real estate funds managed by Brookfield.

(Neutral)
Tags

Newmark (Nasdaq:NMRK) arranged a £325 million refinancing loan for 30 Fenchurch Street in London on behalf of private real estate funds managed by Brookfield. OCBC and Mashreq provided the funding for the fully occupied, 544,883-square-foot office building.

Brookfield has invested in improving the property’s sustainability and energy efficiency, including transitioning it away from fossil fuel use.

Loading...
Loading translation...

Positive

  • None.

Negative

  • None.
Argus Jun 9 session
+3.40% close to close Open Argus
Details

News Market Reaction – NMRK

In the Jun 9 session, NMRK gained 3.40%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement adds another large mandate—a £325 million refinancing for fully occupied 30 Fenchu...
Analysis

This announcement adds another large mandate—a £325 million refinancing for fully occupied 30 Fenchurch Street—to Newmark’s recent run of sizeable capital-markets transactions. Together with earlier data center and industrial deals, it underscores deal-flow across sectors and geographies. Investors may watch how this activity translates into revenues and earnings, and how it fits with Newmark’s broader strategy and governance changes outlined in recent 10-Q, 8-K, and 10-K/A filings.

Key Figures

Refinancing loan size: £325 million Building size: 544,883 square feet Acquisition year: 2021
Refinancing loan size
£325 million
Loan arranged to refinance 30 Fenchurch Street
Building size
544,883 square feet
Size of 30 Fenchurch Street office building
Acquisition year
2021
Year Brookfield acquired 30 Fenchurch Street

Historical Context

5 past events · Latest: Jun 08
5 events
  1. Jun 08

    Large data center financing

    24h Move
    +0.2%

    Arranged $975M balance sheet financing for fully leased data center.

  2. Jun 02

    Asset disposition

    24h Move
    +3.1%

    Empire State Realty Trust sold major NYC asset and reinvested proceeds.

  3. May 22

    Executive appointment

    24h Move
    +0.5%

    Appointed new Chief Strategy Officer to lead data and technology strategy.

  4. May 15

    Office campus sale/financing

    24h Move
    -2.8%

    Arranged sale and financing of 1.4‑MSF Texas office campus.

  5. May 06

    Industrial sale

    24h Move
    +1.6%

    Advised on $360M sale of large Newark industrial redevelopment site.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

LONDON, June 9, 2026 /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, announces that the Company has arranged a £325 million loan to refinance 30 Fenchurch Street on behalf of private real estate funds managed by Brookfield. Head of Debt and Structured Finance, Europe Matthew Featherstone, Vice President Matthew Kang and Associates Tushar Gupta and Stevan Spasenovic arranged the financing. OCBC and Mashreq provided the funding.

Newmark Group, Inc.

30 Fenchurch Street is a prime Central London office building. The iconic asset spans 544,883 square feet, is fully occupied and serves as a global hub for insurance, finance, legal and media occupiers. Since acquiring the property in 2021, Brookfield has undertaken targeted investment focused on improving the buildings sustainability credentials and energy efficiency, including works transitioning the building away from fossil fuel use.

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 March 31, 2026, Newmark generated revenues of more than $3.4 billion. As of March 31, 2026, Newmark and its business partners together operated from over 185 offices with more than 9,600 professionals across four continents. 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.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/newmark-secures-325-million-financing-for-30-fenchurch-street-on-behalf-of-brookfield-302794543.html

SOURCE Newmark Group, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What financing did Newmark (NMRK) arrange for 30 Fenchurch Street in June 2026?

Newmark arranged a £325 million refinancing loan for 30 Fenchurch Street. According to the company, the funding was provided by OCBC and Mashreq for the fully occupied London office building.

Who provided the £325 million refinancing for 30 Fenchurch Street arranged by Newmark (NMRK)?

The £325 million refinancing was funded by OCBC and Mashreq. According to Newmark, the financing supports Brookfield-managed private real estate funds that own 30 Fenchurch Street in Central London.

What type of property is 30 Fenchurch Street in London financed through Newmark (NMRK)?

30 Fenchurch Street is a prime Central London office building. According to Newmark, it spans 544,883 square feet, is fully occupied, and serves insurance, finance, legal and media occupiers.

How large is the 30 Fenchurch Street asset refinanced through Newmark (NMRK)?

The 30 Fenchurch Street building spans 544,883 square feet. According to Newmark, the office property is fully occupied and acts as a global hub for multiple sectors, including insurance and finance.

What sustainability investments has Brookfield made at 30 Fenchurch Street financed via Newmark (NMRK)?

Brookfield has focused on sustainability and energy efficiency upgrades at 30 Fenchurch Street. According to Newmark, works include transitioning the building away from fossil fuel use since its acquisition in 2021.

Who led the £325 million refinancing transaction at Newmark (NMRK) for 30 Fenchurch Street?

The financing was arranged by Head of Debt and Structured Finance, Europe, Matthew Featherstone, Vice President Matthew Kang, and Associates Tushar Gupta and Stevan Spasenovic, according to Newmark.

Keep reading