Core Insights - Newmark Group, Inc. has expanded its Property and Facilities Management businesses into India, appointing Sathish Rajendren as Executive Managing Director to lead operations in the region [1][2] - The expansion aligns with Newmark's strategy to grow recurring Management Services and Servicing revenue globally, emphasizing the importance of the Indian market in their global strategy [2][4] Company Developments - Sathish Rajendren brings over 22 years of experience, having previously scaled operations at Knight Frank and managed significant portfolios at Cushman & Wakefield [2][3] - Newmark's unified Property Management and Facilities Management service lines aim to enhance end-to-end solutions for clients, contributing to approximately USD 1.1 billion in total revenues in 2024 [5] Market Context - India is identified as one of the fastest-growing commercial real estate markets, with office absorption reaching nearly 60 million square feet in the first nine months of 2025, driven by sectors like technology and financial services [4] - The ongoing infrastructure development and demand for institutional-grade management services provide a strong foundation for Newmark's entry into the Indian market [4]