#South Korea #Seoul #Newmark #Korea #John Pritchard

Newmark Expands Its APAC Presence with a New Office in South Korea

Newmark Group, Inc. (Nasdaq: NMRK), renowned as a leading advisor in commercial real estate, has officially launched its flagship office in Seoul, South Korea. This strategic expansion reflects the company’s commitment to enhance its service offerings across the Asia-Pacific (APAC) region and provides tailored solutions to global corporations and institutional investors. The new office is located in the prestigious IFC Complex in Yeouido, signaling Newmark's dedication to serving diverse industry verticals and asset classes.

The launch has been highlighted by the appointment of John Pritchard as Managing Director and Country Head for Korea. With nearly two decades of experience in the real estate industry, Pritchard is well-equipped to lead Newmark in navigating the complex Korean market, having successfully advised multinational companies on significant occupier transactions.

Barry Gosin, Newmark’s CEO, expressed enthusiasm about this expansion, stating, "Our entry into Korea signifies Newmark's continued evolution as a truly global enterprise. Korea, being one of Asia's most advanced economies, allows us to bolster our support for corporations aiming for international expansion and deliver exceptional advisory services."

The launch team in Korea comprises seasoned professionals, each bringing a wealth of experience and expertise in their respective fields. Among them are:

• - Karis Kim, Head of Retail, who has spearheaded critical retail mandates for global brands, shaping Korea's retail landscape through high-impact transactions.
• - Judy Jang, Head of Research, known for her two decades of meticulous market analysis and best-practice research methodologies.
• - Miji Kyung, Associate Director, specializing in multinational corporate real estate strategies, plays a pivotal role in tenant representation alongside Pritchard.
• - Sienna Ahn, Senior Manager, and Leadley Park, also Senior Manager, contribute significant insights into market intelligence and leasing advisory across Seoul’s commercial property sector.
• - Chan Joung, Manager for Tenant Representation, focuses on assisting Korean firms in their overseas expansion initiatives.

John Pritchard elucidated, "Newmark's business in Korea is designed for the next generation of real estate advisory, driven by technology and global connectivity. Being the world's tenth-largest economy, Korea is a vital hub for multinationals, making it an essential entry point for international investors."

This development follows Newmark's recent expansions in other leading cities, including Bangalore, Chennai, Dubai, Singapore, Munich, and Paris. The firm continues to demonstrate its commitment to growth, emphasizing both its infrastructure and capabilities in the commercial real estate sector.

Newmark combines its global reach with localized market intelligence to deliver unparalleled service across the industry. With revenues surpassing $3.1 billion for the twelve months ending September 30, 2025, Newmark and its partners operate from approximately 170 offices worldwide with a workforce of over 8,500 professionals.

For more information about Newmark’s services and offerings, visit nmrk.com.

This expansion in South Korea not only enhances Newmark's APAC presence but also signals promising opportunities for both local and international clients seeking to capitalize on Korea’s robust market dynamics.

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