Newmark Group, Inc. announced that it has fortified its presence in the Central and Eastern European ('CEE') market through an agreement with a commercial real estate group in Poland. The team will provide a full spectrum of client services in Poland and the surrounding area, operating as Newmark Polska. The 45-person team of real estate professionals based in Warsaw, Wroclaw, Tricity and Krakow will benefit from combined resources, technology and product offerings to support Newmark's growing roster of clients in CEE.

Led by industry veteran Piotr Kaszynski, the group offers services including tenant representation, market research, valuation and project management. The team will also leverage Newmark's global capital markets expertise, which equips clients with enhanced access to investment opportunities in North America and around the world. The enhanced regional presence will enable Newmark to better serve its clients' needs in Poland, where Newmark operates an existing Warsaw office focused on consulting, lease administration and facilities management.

The country currently boasts record-breaking levels of market activity, and companies increasingly identify Poland as a target destination for a variety of functions, including nearshore technology and back-office operations. The agreement underscores Newmark's successes in bolstering its presence throughout Europe, the Middle East and Africa ('EMEA'). Earlier this year, the company commenced its International Referrals program covering EMEA, and recently announced new regional leaders within its International Capital Markets and Valuations practices, in addition to the expansion of Newmark's own flexible office platform through the acquisition of two agile workspace providers in 2021: Knotel and Deskeo.

In December, Newmark named Stuart Logan as Executive Managing Director of its Valuation & Advisory service line in EMEA. Newmark Polska will build on the local team's recent track record of completing complex transactions, including the representation of world-class brands. In total, the group facilitated over 470,000 square meters in industrial and office transactions in 2020 alone.