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

November 18, 2024
Share this Post: 

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 experienced property journalist and 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 blogged for the private rented sector, ghostwritten for UK property experts and written case studies for franchise owners around the UK. Harvey joined Online Marketplaces as a News Editor in 2022.

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

Bcg Generic
Baltic Classifieds Group H1 2025: Revenues Up 17% as Market Leadership Remains "Strong as Ever"

Baltic Classifieds Group (BCG), which operates several clear market-leading marketplaces across segments including autos and real estate in Europe, has...

Read More
Idealista Kyero 1
Idealista Expands Horizons: Kyero Buyout Bridges Local and Global Markets

Idealista, the leading property marketplace in Spain, Portugal, and Italy, has announced its acquisition of Kyero, a prominent UK-based platform...

Read More
Zoopla Rental Listings 1 1 2
Zoopla Findings Show It is 30% More Popular than OnTheMarket

Zoopla has released survey findings showing that 37% of Brits expect to see their home listed for sale on Zoopla,...

Read More
Zoopla Header 3
Online Marketplaces Exclusive: Zoopla CEO Charlie Bryant and COO Richard Hayes

Houseful and Zoopla CEO Charlie Bryant says UK number two portal Zoopla is consistently profitable and has an innovative product...

Read More

Editor's Pick