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Newmark Group buys London-based Harper Dennis Hobbs

Newmark Group Inc. acquired London-based real estate advisory firm Harper Dennis Hobbs Ltd.

The global real estate services company said the acquisition of Harper expands its offerings for European tenants looking for access to North American consumers.

Harper, which has a team of more than 50 people, will keep its trade name. The retail specialist counts LVMH Moët Hennessy - Louis Vuitton Société Européenne, Samsung Electronics Co. Ltd. and Five Guys Burgers & Fries among its clients.