NewliticQuest offers accelerated insights to inform strategy,
optimization and planning
NEW
YORK, Sept. 19, 2023 /PRNewswire/ -- Newmark
Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a
leading commercial real estate adviser and service provider to
large institutional investors, global corporations, and other
owners and occupiers, announces the launch of NewliticQuest.
Bringing together Newmark's expertise in real estate, technology
and consulting onto a single platform, NewliticQuest offers
accelerated insights to develop strategic and tactical
recommendations, inform business case development and achieve
optimal results for property portfolios. Together with Newlitic,
Newmark's proprietary data visualization platform, NewliticQuest is
another addition to Newmark's growing suite of technology solutions
serving corporate real estate leaders.
Leveraging NewliticQuest, organizations are better equipped
to plan for and respond to business change, disruptive events,
mergers and acquisitions and real estate opportunities through
strategic insights, including location and market rate
optimization, ideal vacancy rates, talent retention, commute times
and more.
"Newmark is committed to investing in leading-edge technology
that drives real decision-making dynamics to define the future of
the workplace," said Rick Bertasi,
Chief Executive Officer of Newmark Global Corporate Services.
"Given the changing nature of corporate real estate, technology
advancements will further amplify the value and potential of an
organization's real estate strategy as companies pivot towards more
data-centric cultures.
NewliticQuest offers several self-serve capabilities and
insights into business and real estate performance with dynamic and
simple dashboards, which can be accessed directly by clients. The
software's automated data validation capabilities help users
quickly pinpoint data issues to ensure that information is accurate
before being executed. Coupled with Newmark's best-in-class
consulting expertise, the tool can enable in-depth portfolio
assessment, delivering tailored and tangible solutions for clients
assessing their portfolio.
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. For the year ending December
31, 2022, Newmark generated revenues of approximately
$2.7 billion. As of June 30, 2023, Newmark's company-owned offices,
together with its business partners, operate from approximately 170
offices with over 7,400 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.