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Stock impact report

Newmark Report: Resilient Singapore Office Demand Backed by Steady Economic Growth

Newmark Group, Inc. - Class A (NMRK) 
Last newmark group, inc. - class a earnings: 2/13 08:01 am Check Earnings Report
US:NASDAQ Investor Relations: ir.bgcpartners.com/investors/default.aspx
Company Research Source: PR Newswire
SINGAPORE, March 7, 2025 /PRNewswire/ -- Newmark has released a study, led by its Valuation & Advisory and Leasing & Brokerage teams, on the Singapore office leasing market. The report considers broader economic factors and ongoing trends among occupiers, projecting a positive year ahead for office leasing activity and continued moderate rental growth amid limited supply and stable economic growth on the island in 2025. "Increasing office-using employment and declining office supply should help to better balance the market's supply and demand over the next 12 months, supported by steady economic growth and export growth," said Chris Carver, MRICS, MSISV, AAPI, Executive Managing Director and Head of Asia-Pacific Valuation & Advisory. "With a limited development pipeline and sustained need for high-quality office space, we anticipate that rental growth will remain positive in 2025 and occupiers will continue to focus on workplace efficiency and employee experience, driving interest for Show less Read more
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