LONDON, UK (November 5, 2025) — Newmark continues the strategic expansion of its Scottish Business Rates team, welcoming John Russell as Partner in its Glasgow office. The team is one of the largest and most experienced dedicated business rates teams in Scotland.
This growth underscores Newmark’s ongoing commitment to providing market-leading business rates advice across all commercial property sectors, as well as specialist areas such as hospitality and leisure, renewable energy, power stations, higher and further education, healthcare, aviation and infrastructure. Responsible for managing approximately 40% of Scotland’s total rateable value, the team combines former Scottish Assessors with seasoned private sector professionals, blending technical insight with real-world experience to deliver fair and equitable rating outcomes for clients. [1]
Russell joins from BNP Paribas Real Estate, where he headed the Scottish Business Rates team, and brings more than twenty years’ experience advising both private and public sector clients across Scotland on appeals, valuation challenges and rates mitigation strategies.
Emily Roberton, Co-Head of Business Rates at Newmark, said: “We’re thrilled to welcome John to the team. His deep technical understanding of both the Scottish, English and Northern Irish rating systems, combined with his extensive leadership experience, strengthens the depth of expertise we offer our clients and reinforces our position as Scotland’s leading business rates advisors.”
Graham Howarth, Head of Business Rates, Scotland at Newmark, added: “With the addition of John, our Scottish team continues to set the benchmark for excellence in business rates advisory. We are currently responsible for 25% of all business rates proposals submitted across Scotland. Of those, 72% of current proposals and 90% of all appeals have been successful - a reflection of the team’s technical depth and advocacy strength.”
John Russell, Partner at Newmark, commented: “I’m excited to join such a highly regarded and fast-growing team. Newmark’s reputation for quality and results in the business rates space is unparalleled, and I look forward to contributing to that continued success.”
About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended September 30, 2025, Newmark generated revenues of over $3.1 billion. As of September 30, 2025, Newmark and its business partners together operated from approximately 170 offices with over 8,500 professionals across four continents. To learn more, visit nmrk.com or follow @newmark.
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[1] https://www.gov.scot/publications/non-domestic-proposals-appeals-2023/documents/