NEW
YORK and HONG KONG,
Jan. 10,
2023 /PRNewswire/ -- Newmark is pleased to
announce that Chris Carver MRICS, MSISV, AAPI, has joined as
Executive Managing Director and Head of Asia-Pacific (APAC) for the
company's Valuation & Advisory (V&A) practice.
Carver will manage and lead valuation services and be responsible
for expanding Newmark V&A's presence across APAC. He will
report to Newmark V&A President John
Busi, MAI, FRICS.
Newmark V&A provides real estate appraisals and other
valuation services to owners, investors, developers and financial
institutions worldwide. The group has established itself as a
top-tier strategic valuation practice in the Americas, more than
tripling its headcount in the past five years. Carver's appointment
as APAC lead builds on the growth trajectory of Newmark V&A and
the company's recent regional growth: having expanded its
International Capital Markets presence and established
brokerage operations in Hong
Kong.
"We are delighted to welcome Chris as APAC Regional Leader as we
continue to expand our practice globally," said Busi. "Chris'
regional market knowledge and proven success in establishing and
growing businesses will facilitate Newmark V&A's access to some
of the world's most dynamic real estate markets. Our professionals
and APAC clients will benefit from Chris' leadership and expansive
network."
Carver, based in Singapore, has more than 20 years of
experience in real estate valuation and managing teams across
Asia and Australia. He has advised institutions and
financiers on major transactions and portfolios and has direct
market experience in 16 APAC countries. Prior to joining Newmark,
Carver held senior positions at Cushman & Wakefield and Jones Lang LaSalle, working in
several offices, including Hong
Kong, Seoul, Singapore and Sydney.
"The growth outlook for APAC real estate markets remains strong,
resulting from ongoing economic expansion, global capital
allocations and the continued institutionalization of real estate
asset classes in the region," added Carver. "Newmark V&A's
industry-renowned professionals and global platform will position
the APAC regional practice for future successes and advancement. I
look forward to applying my experience across key markets in APAC
and replicating Newmark V&A's success in the Americas."
Carver's hire underscores Newmark V&A's growing
international scale, following Stuart
Logan joining as EMEA lead in late 2021.
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. Newmark generated revenues of approximately
$3.1 billion for the twelve months
ending September 30, 2022. Newmark's
company-owned offices, together with its business partners, operate
from approximately 180 offices with nearly 6,700 professionals
around the world. 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 effects of the COVID-19 pandemic on
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 and uncertainties,
which could cause actual results to differ from those contained in
the forward-looking statements, see Newmark's Securities and
Exchange Commission filings, including, but not limited to, the
risk factors and Special Note on Forward-Looking Information set
forth in these filings and any updates to such risk factors and
Special Note on Forward-Looking Information contained in subsequent
reports on Form 10-K, Form 10-Q or Form 8-K.
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SOURCE Newmark Group, Inc.