Newmark Group Expands Global Presence with Flagship Office Launch in Seoul, South Korea

Newmark Group Expands Global Footprint with New Office in Seoul

Newmark Group, Inc., a leading commercial real estate advisor, makes a significant move by officially launching its flagship office in Seoul, South Korea, as of December 2025. Situated in the prestigious IFC Complex in Yeouido, this new office is part of Newmark's strategic global expansion plan and aims to cater to diverse industry verticals and asset classes. The entrance into the South Korean market marks a pivotal moment for Newmark, which seeks to strengthen its international presence and provide enhanced advisory services to local and multinational corporations.

At the helm of the new office is John Pritchard, who brings nearly two decades of expertise in advising global corporations on substantial occupier transactions in Korea. His extensive background positions him well to lead Newmark's operations in this rapidly evolving market. Pritchard is joined by a strong leadership team, including Karis Kim, who specializes in Retail and Tenant Representation, and Judy Jang, the Head of Research, known for her in-depth market insights. Collectively, this team combines their experience from leading multinational real estate firms, ensuring that Newmark offers a robust service tailored to the intricacies of the Korean real estate landscape.

CEO Barry Gosin underlines the strategic importance of entering South Korea, one of Asia's fastest-growing economies. He articulates a vision for Newmark that emphasizes creating a connected, future-oriented platform designed to meet the needs of global clients. With this expansion, Newmark is not merely increasing its service capabilities; it is also solidifying its strategic position within the international real estate sector. The company aims to facilitate growth and innovation for its clients, demonstrating a commitment to adapting and thriving in a dynamic market environment.

In addition to enhancing its service offerings, Newmark's new office in Seoul represents a broader commitment to supporting international corporations navigating the complexities of the Korean market. This move aligns with Newmark's focus on providing top-tier advisory services that address the unique challenges faced by clients in various asset classes.

As Newmark Group establishes its presence in South Korea, the company not only reinforces its operational capabilities but also cultivates relationships that are essential for long-term success in a key regional market. By leveraging the expertise of its leadership team, Newmark is poised to make significant contributions to the commercial real estate landscape in Korea, ultimately benefiting its clientele and the broader economy.