LONDON, UNITED KINGDOM (March 24, 2025) — Newmark Group, Inc. (Nasdaq: NMRK) (“Newmark” or “the Company”), announces the firm has appointed Andrew Smith and Harriet Bantock to its specialist Purpose-Built Student Accommodation (PBSA) Multifamily Capital Markets team in London as a Senior Leader and Senior Associate, respectively.
Smith was involved in the sale of Pavilion Court in Wembley on behalf of DWS and also sold Scape Dublin, the largest PBSA transaction in Ireland since 2022. He was formerly the Head of Student Accommodation at Cushman & Wakefield.
Bantock was also involved in the sale of Scape Dublin, and her work extends to PBSA transactions in Europe overseeing over €600m transacted in Spain and Ireland, including standing investments and forward purchases.
Smith commented, “This is a very exciting time to join Newmark as it strengthens its presence in the UK and across Europe. There remains a lack of quality PBSA stock, so the markets are behaving with more nuance than ever. Whilst there are new risks in the form of building safety and changing international student trends, there are huge opportunities for PBSA to answer to the housing demand in the UK. With our growing team bringing together best-in-class specialists in the sector, Newmark is well placed to advise clients on how to capitalise on these opportunities.”
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 December 31, 2024, Newmark generated revenues of over $2.7 billion. As of December 31, 2024, Newmark and our business partners together operated from approximately 170 offices with more than 8,000 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
