Newmark, a commercial real estate advisor and service provider, has announced it has acquired the Development Advisory business of Altus Group Limited.
The acquisition brings approximately 335 Development Advisory professionals based in North America and Asia Pacific to Newmark’s Project Management business, which is part of its Occupier Solutions platform, adding deep market expertise, longstanding client relationships and specialised capabilities that support owners, investors and developers throughout the development lifecycle.
The acquired business provides strategic advisory services across areas including development feasibility, project strategy, cost and risk analysis and other complex real estate development decisions.
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