Newmark Expands APAC Presence with Korea Launch, Appointing John Pritchard as Country Head

Core Insights - Newmark Group, Inc. has established its Korean flagship office in Seoul, focusing on various industry verticals and asset classes, led by John Pritchard as Managing Director and Country Head [1][3][4] Company Expansion - The new office is located in the IFC Complex in Yeouido and officially opens this month, marking Newmark's entry into one of Asia's most advanced economies [1][3] - The leadership team comprises seasoned professionals from leading multinational commercial real estate firms, enhancing Newmark's expertise in Korea's active sectors [3][4] Strategic Importance - Barry Gosin, CEO of Newmark, emphasized that entering the Korean market supports global corporations and enhances advisory services for clients [3] - John Pritchard highlighted Korea's position as the world's 10th-largest economy and a leader in technology, automotive, logistics, and finance, making it a key gateway for international investors [4] Growth and Development - Newmark continues to expand its capabilities and geographic footprint, with recent expansions in cities like Bangalore, Chennai, Dubai, Singapore, Munich, and Paris [4] - As of September 30, 2025, Newmark generated revenues exceeding $3.1 billion and operates approximately 170 offices with over 8,500 professionals globally [7]