CoStar Group acquires a leading commercial real estate news service in France
CoStar Group (NASDAQ:CSGP) acquires Business Immo, Franceâs premier commercial real estate news service.
Business Immo was founded in 2004 and is widely recognized as a leading digital commercial real estate news provider in France, attracting over 300,000 unique visitors each month, including brokers, investors, developers, and lenders.
The publication boasts over 2,000 subscribing companies and 100,000 followers on social media.
âWe are actively building out our news, information and marketplaces in Europe and France is one of the most important real estate markets in the world with an estimated â¬40 billion in annual investment transaction value. We are looking forward to welcoming the Business Immo team to CoStar Group, including its highly-respected leadership team who will continue to run the business." said Andrew C. Florance, Founder and CEO of CoStar Group.