Newmark has hired Stuart Logan as executive managing director for its Valuation & Advisory (V&A) practice in Europe, the Middle East and Africa (EMEA). Based in London, Logan is responsible for leading Newmark V&A’s EMEA expansion team, as the practice scales internationally.
Following a period of growth, during which V&A added more than 65 offices and 550 employees over five years, the group is entering new international markets. Logan, who will report to V&A President John Busi, MAI, FRICS, will extend Newmark V&A’s platform to EMEA by recruiting trusted and recognized experts in the industry as geographic and asset class specialists. Integral to the ongoing expansion is Newmark V&A’s continued enhancement of its proprietary technology product suite, which automates and streamlines appraisal components for greater speed, efficiency and quality.
“Stuart and I have known each other and worked together for decades, fostering a foundation of trust and knowledge that is critical to our strategic growth plans,” said Busi. “Armed with Stuart’s extensive experience, Newmark V&A is ideally positioned to leverage its recent successes and build a highly successful global platform.”
V&A’s expansion underscores Newmark’s broader global growth strategy, as the company bolsters numerous business verticals by reinvesting in service enhancements, acquisitions and senior-level hires in major markets throughout the world.
Prior to joining Newmark, Logan held several prominent roles during his 25-year tenure at Cushman & Wakefield, where he was most recently an international partner and member of its European leadership team. His previous roles included co-head of cross-border valuation and advisory for EMEA, head of V&A in Italy and EMEA risk lead, where he oversaw a business of 500 professionals across 19 countries. Logan also founded the company’s European self-storage valuation team.
