Newmark expands its International Capital Markets group


Posted: October 12, 2021 at 11:16 pm MDT|Update: 39 minutes ago

After the execution of Newmark 40 billion dollars in US capital markets transactions with offshore investors over five years, the ICM group is bringing in new experts in Asia Pacific and regions of the Middle East to support growing demand

NEW YORK and HONG KONG, October 13, 2021 / PRNewswire / – Newmark Group, Inc. Announces Expansion of its International Capital Markets (‘ICM’) Group with the Hiring of Frédéric wong as Executive Managing Director, Asia Pacific Capital Markets and Joseph morris, Executive Managing Director, Middle East Capital Markets.

Based in Hong Kong, Frederick Wong will manage cross-border investment activities with Newmark’s international capital markets clients throughout the Asia-Pacific region.

The additions reflect Newmark’s broader strategy of investing in recruiting and strategic acquisitions internationally.

The new additions reflect Newmark’s broader strategy of offering a full range of commercial real estate services in key regions of the world, as the company continues to invest in recruiting and strategic acquisitions internationally. Additionally, they bolster the firm’s dedicated ICM team – a group led by Vice President, International Capital Markets Division Head Alex Foshay – who has executed more than 40 billion dollars in US capital markets transactions with foreign investors in conjunction with local Newmark advisors over the past five years. The group facilitates cross-border capital flows through a wide range of investment structures, working with non-national investors on the deployment of capital in real estate and related sectors, from Europe, the Middle East, the Americas and Asia Pacific.

“Newmark’s capital markets capabilities have long been the cornerstone of our platform, both nationally and internationally,” said Newmark’s chief executive officer. Barry gosin. “As geographic barriers to cross-border investments continue to disappear, we look forward to reinvesting in this growing industry with two key executive hires, both of which strengthen our reach in some of the most dynamic global markets. “

Situated at Hong Kong, Frédéric wong manage cross-border investment activity with ICM clients throughout the Asia Pacific Region. He brings over 20 years of experience in real estate investment banking and financial services, including advising on public and private capital markets. During his career, Wong has achieved more than $ 20 billion in direct asset and portfolio sales, recapitalizations, IPOs, public bond issues and loan syndications. Prior to joining Newmark, he was a partner at Brookfield Financial, where he advised on real estate transactions in Greater China and the largest Asia Pacific markets. Wong also held executive positions at Macquarie Capital Greater China real estate investment banking division, UBS Greater China and Asia the banking team and the investment banking division of Credit Suisse.

Joe morris will assume responsibility for investor groups through the Middle East Region. Situated at DubaiMorris brings over 18 years of real estate capital markets experience across all major real estate industries in buying and selling roles and has worked on over 10 billion dollars of completed transactions. During his career, Morris has provided coverage for sources of sovereign, institutional and private capital through the Middle East, including as a partner at Knight Frank and head of MENA Capital Markets, responsible for regional and international investments on behalf of a Middle East investor base.

“I am delighted to welcome Fred and Joe to the dedicated ICM team after an extremely active year for our platform,” said Foshay. “Our team has done an excellent job in meeting the challenges of the pandemic to execute complex transactions, as non-domestic investors seek opportunities to capture today’s low hedging costs, favorable financing and yields at attractive leverage in the US market. With their vast experience and extensive regional networks, I have no doubts that Fred and Joe will bring immediate value to our growing customer base. “

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 suite 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.

Joe Morris, based in Dubai, will assume responsibility for Newmark's International Capital ...
Joe Morris, based in Dubai, will assume responsibility for Newmark’s international investor groups in capital markets in the Middle East region.
Newmark Group, Inc. (PRNewsfoto / Newmark Group, Inc.)
Newmark Group, Inc. (PRNewsfoto / Newmark Group, Inc.)

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