Newmark Expands Occupier Solutions into Singapore with Strategic Advisory Hires, Driving APAC Momentum as the Company Continues its Global Expansion

SINGAPORE, June 18, 2025 /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 the company has expanded Occupier Solutions to service clients across the Asia-Pacific region (APAC) with strategic key hires, cementing Singapore as the hub office.

"This expansion marks a pivotal moment in Newmark's global growth story," said Barry Gosin, Chief Executive Officer of Newmark Group, Inc. and Chairman of its operating company, Newmark & Company Real Estate, Inc. "Singapore is a global financial center with strong regional ties and a dynamic business environment that attracts our investor and occupier client base, providing us a key strategic hub from which to serve existing clients and capture new opportunities across Asia-Pacific markets."

Newmark is scaling its business across APAC, following a growth strategy similar to its expansions in other parts of the world. The company grew its non-U.S. revenues from just 0.9% in 2017 to nearly 13% of all revenues by the first quarter of 2025, exceeding goals ahead of schedule. Singapore is Newmark's second formal office in APAC after its initial launch in Hong Kong in 2022.

"Establishing a strong physical presence in Asia-Pacific markets gives us critical proximity to clients and positions us to drive growth across the region," said Lou Alvarado, Chief Operating Officer. "This reflects our long-term vision to redefine real estate advisory in Asia through expertise, innovation and relentless client focus."

Newmark has added the following experts in its Singapore office:

• June Chua, as Senior Managing Director and Head of Singapore Leasing. June brings more than three decades of experience advising both investors and occupiers across a variety of property types, securing ideal real estate solutions and cost-effective strategies tailored to each client's specific business requirements. Her client list includes Macquarie Group, Mastercard, Marina One and DUO, among others.
• Fauzul Darke, as Director of Leasing. Fauzul is an office and retail expert known for advising both multinational and local clients on real estate strategies, including lease renewals, relocations, new site acquisitions and portfolio optimization. His deep understanding of occupier needs has driven a strong office leasing track record across legal, government, finance, tech and media sectors.
• Lynus Pook, as Executive Director of Commercial and Industrial Brokerage. Lynus has a strong track record in leading and executing major leasing and investment transactions across a wide range of sectors, including logistics, food manufacturing, semiconductors, technology, telecommunications and aviation. The 20-year industry veteran is also a certified data center specialist, which gives him the deep technical knowledge and experience to identify opportunities, structure transactions, and build partnerships with occupiers, landlords, developers, and investors.

As a global financial hub with world-class infrastructure, a pro-business environment and deep regional connectivity, Singapore is at the heart of the Asia-Pacific commercial real estate market. The city-state serves as a launchpad for multinational corporations, investors and fast-growing enterprises seeking to access Southeast Asia and beyond. Newmark's expanded presence positions the company to meet this demand with unparalleled local expertise and global reach.

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, 2025, Newmark generated revenues of over $2.8 billion. As of March 31, 2025, Newmark and its business partners together operated from 165 offices with approximately 8,100 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 8-K.

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SOURCE Newmark Group, Inc.