Newmark Launches Industrial & Logistics and Debt & Structured Finance Divisions in France

Newmark announced Oct. 5 that it has entered a new strategic phase of its growth in France with the launch of two business divisions: Industrial & Logistics and Debt & Structured Finance. The additions expand the firm's industrial real estate and commercial real estate financing capabilities in the French market, where it has operated since 2024.

Industrial & Logistics Division Led by Guillaume Rolland

The Industrial & Logistics division will be led by Guillaume Rolland, who joins Newmark as Head of Industrial & Logistics. Rolland will report directly to Chief Business Officer François Blin and Deputy Chief Business Officer Emmanuel Frenot. He has nearly 20 years of experience in the industrial and logistics real estate sector.

Rolland will be responsible for further developing Newmark's business in France and advising occupiers, investors and property owners on their real estate strategies and projects. He will be supported by Sonia Menand, Head of Logistics Research & Data.

"Logistics has become one of the most strategic asset classes within commercial real estate," Rolland said. "Against this backdrop, both occupiers and investors require increasingly sophisticated advice to help inform their real estate decisions."

Debt & Structured Finance Team Named

The Debt & Structured Finance division will be led by Vladimir Reach, who joins as Senior Director and Head of Debt & Structured Finance. Frédéric Auerbach joins as Associate Director. Both will report to Blin and Frenot.

Reach and Auerbach together have more than 20 years of experience across the real estate investment and financing markets. They will be responsible for growing Newmark's debt practice in France and advising owners and investors on structuring financing and refinancing transactions.

"Debt advisory is one of the most dynamic disciplines in commercial real estate," Reach said. "The market is becoming increasingly intermediated, refinancing needs are mounting and structures are growing more complex. In this context, clients are looking for a partner who can optimize their financing terms while streamlining transaction execution."

Newmark France Leadership Comments

Alexandre Gotti, President of Newmark's France business, said the firm has brought together experts across areas of real estate since entering the French market in 2024. "The launch of our Industrial & Logistics practice represents an important milestone in Newmark's growth strategy in France," Gotti said. He described Rolland as "one of the market's most respected professionals."

Gotti said the Debt & Structured Finance practice reflects the firm's ambitions in the asset class. "Debt has become one of the most critical real estate considerations for our clients today," he said. "Vladimir Reach and Frédéric Auerbach bring a rare level of sector expertise, along with in-depth knowledge of the lending ecosystem."

Market Backdrop: French Logistics and Financing

The expansion comes as French logistics investment and leasing volumes were at historic lows in early 2026. Core-plus yields expanded to roughly 6%, while high construction costs, static rents and surplus space returned by e-commerce occupiers have weakened market liquidity.

Across European logistics markets, speculative development has largely stalled, with completions falling to a nine-year low. That supply-demand balance is forecast to support 1.8% prime-rent growth, although performance is diverging between slower big-box hubs and stronger last-mile locations. In France, prime land exceeds €600 per square meter, compared with about €40 per square meter in secondary locations.

On the financing side, Newmark said French clients face mounting refinancing needs, more intermediated markets and increasingly complex capital structures. The firm's France leadership previously indicated it planned to recruit eight to 10 employees over 15 months for its logistics business line and acknowledged that France's debt-advisory market was not yet deep.

Newmark's Financial Position

Newmark reported record second-quarter 2026 revenue of $888.4 million, up 17% year over year. Adjusted earnings per share rose 25.8% to $0.39, and adjusted EBITDA increased 22.1% to $139.2 million. First-half 2026 revenue was $1.7349 billion, up 21.8%, with adjusted earnings per share up 36.5% to $0.71.

First-half total debt volume rose 26.7% year over year, while investment-sales volume increased 64.8%. The company maintained 2026 guidance for revenue of $3.775 billion to $3.875 billion, adjusted earnings per share of $1.87 to $1.98, and adjusted EBITDA of $656 million to $694 million. As of June 30, 2026, Newmark held $259.7 million in cash and cash equivalents, $867.3 million of corporate debt and $607.6 million of net debt.

About Newmark

Newmark Group, Inc. (Nasdaq: NMRK) describes itself as a world leading commercial real estate advisor and service provider to large institutional investors and other owners, global corporations and other occupiers, and lenders. For the twelve months ended June 30, 2026, Newmark generated revenues of more than $3.6 billion. As of that date, Newmark and its business partners together operated from over 195 offices with more than 10,000 professionals across four continents.

Sources

Newmark press release, Oct. 5, 2026: https://www.nmrk.com/insights/press-releases/newmark-continues-its-growth-in-france-with-the-launch-of-two-new-business-divisions-logistics-and-debt