CoStar Group (NASDAQ: CSGP) has announced the launched of the CoStar platform in France.
According to the company, investors, brokers, owners, corporate occupiers, and lenders in France can use a single platform to access commercial real estate information for the nation’s major metropolitan areas. The launch builds on CoStar Group’s acquisitions of BureauxLocaux and Business Immo and its investment in local proprietary research.
“France is one of the most important real estate markets in the world, and we are delighted to bring to France the same platform that has transformed how commercial real estate is transacted in the United States, the United Kingdom and Canada. French brokers, investors, owners and occupiers will now be able to source opportunities faster, underwrite more robustly and make decisions with greater confidence,” said Andy Florance, founder and CEO of CoStar Group. “Commercial real estate operates across borders, and CoStar’s subscriber base of over 320,000 CRE professionals around the world will now find it easier to evaluate opportunities in France, while French CoStar subscribers will be able to access opportunities abroad.”
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