Newmark Announces Continued Global Expansion of Flexible Desktop Platform

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Just months after acquiring the assets of Knotel, a leading flexible office platform with locations in the US, UK and Europe, Newmark acquired a majority stake in the start-up Space Management (DBA “Deskeo”), from France leader in flexible and equipped office spaces for corporate clients. Situated at Paris, Deskeo adds more than 50 locations to Newmark’s international flexible office portfolio. The successful operator is a dominant brand in its markets, and its portfolio will now be supported by Newmark’s growing Global Corporate Services (“GCS”) group, which provides a full range of workplace services to consumers. companies around the world.

“Our acquisition of Deskeo, combined with Knotel’s existing portfolio, demonstrates Newmark’s long-term optimism for the future of the flexible office and our commitment to provide a diverse range of customer services globally,” said Newmark CEO said. Barry gosin. “Through our growing GCS group, we have developed the unique ability to offer a truly holistic view of international real estate markets and to provide clients with the solutions they need for those markets. the ability to deliver a full range of solutions through a single platform, from strategy to workplace design to workforce empowerment, is invaluable. ”

Newmark’s GCS group has experienced a period of intensive growth as the company invested in its global expansion through acquisitions and hires. In 2021, GCS recruited more than a dozen new senior experts, including the CEO Richard Bertasi in New York City and COO of GCS Mike runicles in Singapore, and secured 231 new trade missions to 195 discreet clients in the first half of the year alone. The additions of Knotel and Deskeo position Newmark and GCS for future growth, equipping the group with a suite of services that meet the different needs of modern businesses, including portfolio strategies, leasing, project management, management facilities, workplace strategies and more.

Deskeo offers flexible rental of large-format workspaces on demand and tailor-made and the services associated with the provision of these spaces. It is a plug-in extension to the GCS suite of services and provides Newmark with additional sites and resources in the west. Europe. The company was founded in 2016 by Benjamin teboul and Frank Zorn to provide a variety of office solutions that can reflect the organizational configuration and corporate culture of its clients and it brings to Newmark expert resources in market strategies, leasing, design and project management to aid future growth. The duo will continue to lead Deskeo with Newmark to strengthen and expand their success to date.

“This is an exciting next step for Deskeo, and we are delighted to join and partner with the Newmark team,” said Frank Zorn, co-founder of Deskeo. “Newmark’s vision of becoming a truly global company is very appealing.” Co-founder of Deskeo Benjamin teboul commented: “With the GCS platform, access to growth capital and synergies with Knotel, we can build on Deskeo’s success to date and continue to expand into key European and international markets while providing the space and services that occupants need. “

About Deskeo
Created in 2016 by Frank Zorn and Benjamin teboul, Deskeo is the French leader in flexible and equipped offices for corporate clients. Deskeo offers a complete real estate solution: Equipped offices and also Meeting and Events space to collect needs, Design and construction services create workspaces for companies and finally, Hospitality, Facility Management and Property Management for property owners who want to meet the growing demand for occupant services and create exponential value for their assets. Deskeo is the real estate partner of companies such as Spotify, Shell, Hubspot, AXA and Tik Tok in their real estate strategy in France. To learn more, visit deseo.com.

About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), along with its subsidiaries (“Newmark”), is a global leader in commercial real estate, seamlessly fueling every phase of the property lifecycle. Newmark’s full range of services and products are uniquely tailored to suit every customer, from owners to occupants, investors to founders, and startups to blue chip businesses. Combining the platform’s global reach with market intelligence in established and emerging real estate markets, Newmark provides superior service to clients across the industry. Newmark generated revenues in excess of $ 2.2 billion for the last twelve months ending June 30, 2021. The offices owned by Newmark Company, as well as its business partners, operate from more than 160 offices with approximately 6,200 professionals worldwide. To learn more, visit nmrk.com or follow @newbrand.

Discussion of forward-looking statements regarding Newmark
Statements contained 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 regarding the effects of the COVID-19 pandemic on the business, results, financial condition, liquidity and prospects of the Company, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, perhaps materially, from what is currently expected. Except as required by law, Newmark assumes 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 forward-looking statements, see Newmark’s Securities and Exchange Commission documents, including, but not limited to, the risk factors and the special note on Forward-looking information set out in these documents and any updates to these risk factors and the 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.



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