Newmark raids CBRE, JLL and Knight Frank for new Paris offering

Newmark Group is opening a Paris office as part of its global expansion plans, poaching a handful of experts from JLL, CBRE, and Knight Frank to lead the business. The Paris office, based at 32 Boulevard Haussmann 75009 Paris in the 9th arrondissement, will initially focus on capital markets and leasing and will be led by former JLL’s Francois Blin and CBRE’s Emmanuel Frénot. They join as chief business officer and deputy chief business officer respectively and will both focus on capital markets. Antoine Salmon and Vianney d’Ersu, co-heads of retail leasing, join from Knight Frank to spearhead retail operations. Jérôme De Laboulaye, managing director, joins from CBRE capital markets France to help build Newmark’s capital markets practice, while Nicolas Coutant will join from JLL to contribute to and assist in building various business lines. David Bourla, head of research, joins from Knight Frank to head all French research initiatives at Newmark. Alexandre Gotti, Newmark’s president of France, will oversee operations, strategic direction, growth and recruiting, assisting in developing Newmark’s footprint in France and Europe. “Newmark continues to broaden its reach and evolve with the industry’s demands and our clients’ needs, and our expansion into France with the amalgamation of such an impressive team is a significant milestone in our growth strategy and presents yet another opportunity to generate outstanding results,” said Newmark chief executive Barry Gosin. He added: “We look forward to continuing to grow our European footprint and attracting top talent across the globe as we further increase revenues across our diverse geographies and service lines.” Newmark said it expected the addition of the new team to bolster its ability to “provide best-in-class service to clients around the world who seek to diversify their investments by geography and property type”. “Our goal is to establish ourselves as the go-to market leader in France, built by industry market-makers,” said Gosin. “The company is bridging the gap between major financial cities, uniting undeniable talent from major real estate markets around the world, including New York, Los Angeles, London, and now Paris. As we continue to onboard talented professionals in these and other locations, we have unwavering confidence in Newmark’s future.”