Newmark Expands European Valuation Services with German Firm

Newmark Group, Inc. has significantly expanded its European valuation and advisory capabilities through the acquisition of L+P Immobilienbewertungs GmbH, a well-established German firm with over 25 years of experience. This strategic move integrates L+P into Newmark’s Investor Solutions division, enhancing its service offerings across the continent.

The German market, characterized by its demand for rigorous technical appraisal and deep local market understanding, will now benefit from the combined expertise of Newmark and L+P. L+P, recognized for its comprehensive valuation services across commercial, residential, and specialized real estate sectors, brings a team of over 40 professionals and a strong reputation for delivering high-quality, independent advice to institutional clients. This acquisition marks Newmark’s fourth Valuation & Advisory deal this year, underscoring its commitment to international growth.

Dr. Helge Ludwig, founder of L+P, expressed enthusiasm for the integration, stating, “Our core mission has always been to provide dependable, high-caliber valuation counsel. Partnering with Newmark allows us to amplify this expertise with a global platform and advanced technological resources, ultimately delivering superior value to our clients and fostering new avenues for our team’s development.”

John Busi, President of Newmark Valuation & Advisory, highlighted the strategic importance of the acquisition. “L+P represents an exceptional addition, propelling our European Valuation and Advisory expansion forward. This integration further solidifies our capacity to serve clients with leading-edge expertise, technology-driven solutions, and an increasingly robust international presence,” he commented. The German operations will be further strengthened by Marcus Lütgering, Country Head, Germany at Newmark, who noted the firm’s long-standing trust among investors, lenders, and public sector entities for precise, court-admissible appraisals.

This latest transaction follows Newmark’s recent strategic investments in valuation services, including the acquisitions of Catella Valuation Advisory in France and einwert in Germany earlier this year, as well as the Altus Group Canadian Appraisals business. These cumulative efforts are designed to create a formidable, integrated valuation network across key global markets, catering to the evolving needs of institutional investors and occupiers.

Newmark, a leading global commercial real estate advisor, reported revenues exceeding $3.6 billion for the twelve months ending June 30, 2026. The company operates through a network of over 195 offices with more than 10,000 professionals across four continents, offering a full spectrum of services for the entire property lifecycle.