Newmark Group has expanded its presence in Europe and flexible office platforms by acquiring a majority stake of the start-up Space Management, or Deskeo, a French provider of flexible and serviced office space for enterprise clients.
Based in Paris, Deskeo has over 50 locations.
With the acquisition of the the assets of Knotel, a flexible office platform with locations throughout the US, the UK and Europe, Newmark CEO Barry Gosin called the purchase of Deskeo a "testament" to Newmark's long-term bullishness on the future of flexible office and its commitment to providing a diverse range of client services on a global scale."
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