Newmark Advises URW in €172.5 Million Office Sale
Newmark Group, Inc. - Class A (NMRK)
Last newmark group, inc. - class a earnings: 2/13 08:01 am
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Source: PR Newswire
PARIS, Nov. 13, 2024 /PRNewswire/ -- Newmark announces the firm has advised Unibail-Rodamco-Westfield (URW) in the €172.5 million sale of the 140,846 square-foot (13,085 square-meter) office portion of Les Ateliers Gaîté, a mixed-use property in the prominent Montparnasse district of Paris. Newmark Deputy Chief Business Officer Emmanuel Frénot arranged the transaction between URW and buyers Swiss Life Asset Managers and Norges Bank Investment Management."Advising URW on the sale of this asset, with its exceptional location and exemplary environmental approach, just a few months after the opening of our Paris office makes us particularly proud and highlights our ongoing momentum," said Frénot. "This transaction confirms the recovery signals we have been sensing since the end of the second quarter of 2024 and suggests an increase in activity in the office segment for 2025."Les Ateliers Gaîté, delivered in 2022, includes around 100 retail shops, restaurants and services, as well as a hot
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- Newmark Advises URW in €172.5 Million Office SalePR Newswire
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NMRK
Earnings
- 11/6/24 - Beat
NMRK
Sec Filings
- 11/12/24 - Form SC
- 11/8/24 - Form 10-Q
- 11/5/24 - Form 8-K
- NMRK's page on the SEC website