Newmark Group, Inc., a leading commercial real estate advisor and service provider, is strengthening its global presence with the strategic hiring of Marcus Lütgering to lead its German operations. This expansion marks a significant step forward for the company, highlighting its commitment to recruiting top-tier professionals across key geographies.
Germany, renowned as a global financial and industrial hub, is home to numerous Fortune Global 2000 companies, including major banks, manufacturers, and technology firms. The country’s robust economic environment and investment opportunities present a compelling landscape for Newmark’s growth.
Lütgering, based in Munich, brings a distinguished career in commercial real estate to Newmark. Previously leading JLL’s German office investment operations, he has a proven track record of success, overseeing a portfolio of over 450 transactions valued at €36.8 billion.
His appointment as Country Head marks a strategic move for Newmark, allowing the company to capitalize on Germany’s thriving real estate market. Newmark’s expansion in Germany will encompass a range of services, including investment sales, debt & structured finance, and occupier services. This move also creates opportunities for Newmark’s teams in the UK and France to expand their client relationships in Germany, further strengthening its position in the European market.
Newmark’s growth trajectory is evident in its rapid expansion since 2011, making it the fastest-growing commercial real estate services company. This expansion has been driven by strategic acquisitions and talent acquisitions, propelling the company’s market share and revenue growth.
Lütgering expressed his enthusiasm for the opportunity, stating, “Newmark’s commitment to providing client-first service and hiring and developing the industry’s best talent is second to none. I am incredibly honored to lead Newmark’s expansion in Germany. This opportunity represents a significant milestone, for Newmark and also personally. I look forward to leveraging my experience in the industry to drive growth, innovation and exceptional client service in one of Europe’s most dynamic markets while contributing to Newmark’s global success.”
Germany, as Europe’s largest economy, offers stability and resilience, making it a crucial player in the European commercial real estate market. The country’s prominence in sustainability and green building practices further enhances its appeal, making it a key focus for long-term real estate growth and development.
Newmark’s expansion into Germany reflects its dedication to building a global platform that empowers its professionals to excel. The company’s commitment to attracting and nurturing talent across the world fuels its success.
