CoStar has signed a lease to expand its European footprint with an expanded headquarters in London.
CoStar has taken a 10-year lease and plans to relocate staff in August 2025.
The real estate giant already has an active London HQ, 42,254 square feet of office space shared between The Shard and the Blue Fin building.
But now CoStar will expand away from the Shard and wholly into the Blue Fin to a 51,721 square feet space. The new space will see CoStar consolidate its UK footprint into one space with extra room for expansion.
Assets including CoStar UK, the commercial real estate information provider; STR, the hospitality benchmarking data group; LoopNet, the commercial real estate online marketplace; and residential property portal OnTheMarket—are likely to be partly or wholly relocated to the new space.
CoStar has 6,400 employees.
Online Marketplaces has approached CoStar for a quote.
Fangdd Network Group Ltd. announced restoration of compliance with the minimum closing bid price requirement for continued listing on the...
Read More
Urban.com.au has acquired Apartments.com.au in a combined cash-and-equity deal. Urban confirmed it will rebrand to Apartments.com.au in light of the...
Read More
We'll kick off this week's Product and Services Roundup with some nifty tools coming out of two Russian portals... ...
Read More
This week's People Roundup starts with a major C-Suite appointment in India... Asia: REA India confirms new CEO appointment...
Read More
