CoStar Expands UK HQ After Signing 51,721 Sq Feet London Lease

November 18, 2024

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.

November 18, 2024
Harvey is an accidental real estate journalist and professional copywriter. He has written about the property industry since 2015, starting at The Property Franchise Group in the UK, before moving to Spain to work for Spotahome. He has worked as a freelance copywriter since 2021, with a special focus on startups real estate. Harvey joined Online Marketplaces as a News Editor in 2022, writing over 2000 news stories and interviewing dozens of high profile industry leaders both in-person and as a co-host of the PPW Podcast.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

google 1 2
Google Listings Collaboration with HouseCanary Rolled Out Nationwide

Google has officially rolled out its home listings collaboration with HouseCanary nationwide. It is free for agents and will only...

Read More
Metrics ROundup 120626 1
Metrics Roundup: CoStar Group, Dubizzle's TruEstimate

It's the rare, but always welcome, Metrics Roundup for you this week, starting with CoStar Group...   North America: CoStar...

Read More
zillow costar courtroom 2
CoStar Files Amicus Brief in Zillow Vs MRED Case

CoStar Group has filed an amicus brief rebuking a recent motion by its rival Zillow in an ongoing lawsuit against...

Read More
Zillow Chicago 3
Lawmakers Ask FTC to Review 'Deceptive' Referral Practices on U.S. Portals

Zillow has been named in a letter penned by American lawmakers urging the Federal Trade Commission (FTC) to call for...

Read More

Editor's Pick