Newmark Group completed the acquisition of a 66.1% stake in Catella Valuation Advisory from Catella.

Newmark Group, a commercial real estate advisory firm, completed the acquisition of a 66.1% stake in Catella Valuation Advisory, a real estate valuation and advisory firm. Financial terms were not disclosed. "Joining Newmark is a unique opportunity to broaden our scope of action and henceforth operate on a global and European scale. We are grateful for the journey that brought us here and proud to join a platform that shares our commitment to excellence, innovation and integrity in client service," Jean-François Drouets, Newmark Catella Valuation President.