CoStar Group Partnership to Enhance Market Insights and Drive Growth for New Client Bray Fox Smith
January 22 2025 - 10:32AM
Business Wire
CoStar Group, Inc. (NASDAQ: CSGP) (“CoStar Group,” “we” or
“our”), a leading provider of online real estate marketplaces,
information, and analytics in the property markets, has announced a
new client partnership with Bray Fox Smith, a London-based
commercial property consultancy focusing on Office Agency and
Multi-Sector Investment and Development.
This partnership will allow Bray Fox Smith to leverage CoStar’s
unrivalled commercial real estate data and analytics platform to
drive business growth and deliver enhanced advisory services. With
access to CoStar’s extensive insights on property values, market
conditions, occupancy levels, and availability, Bray Fox Smith’s
team will be well-equipped to uncover a greater number of new
opportunities and better understand value in the market.
“At CoStar Group, we are dedicated to providing our
forward-looking clients with industry-leading insights and tools
they need to excel in the commercial real estate market,” said
Andy Florance, Founder and Chief Executive Officer of CoStar
Group. “Our partnership with Bray Fox Smith will strengthen its
ability to navigate the UK’s competitive office leasing and
investment markets. Access to CoStar’s unmatched data and analytics
will provide the Bray Fox Smith team with a significant competitive
advantage, helping it deliver exceptional value to clients and
achieve sustained growth.”
“We are delighted to renew our relationship with CoStar and look
forward to a new chapter whereby Bray Fox Smith and our clients
will benefit from the excellent research capability available to us
over the next 3 years,” noted Paul Smith, Director, Bray Fox
Smith.
The collaboration with Bray Fox Smith further underscores
CoStar’s position as the global leader in CRE information and
analytics, trusted by many of the UK’s leading real estate
advisors, investors and owners. These partnerships highlight the
industry-wide recognition of CoStar’s data-driven solutions as
essential tools for staying competitive in a rapidly evolving
market.
About CoStar Group
CoStar Group (NASDAQ: CSGP) is a leading provider of online real
estate marketplaces, information, and analytics in the property
markets. Founded in 1987, CoStar Group conducts expansive, ongoing
research to produce and maintain the largest and most comprehensive
database of real estate information. CoStar is the global leader in
commercial real estate information, analytics, and news, enabling
clients to analyze, interpret and gain unmatched insight on
property values, market conditions and availabilities.
Apartments.com is the leading online marketplace for renters
seeking great apartment homes, providing property managers and
owners a proven platform for marketing their properties. LoopNet is
the most heavily trafficked online commercial real estate
marketplace with over thirteen million average monthly unique
visitors. STR provides premium data benchmarking, analytics, and
marketplace insights for the global hospitality industry. Ten-X
offers a leading platform for conducting commercial real estate
online auctions and negotiated bids. Homes.com is the fastest
growing online residential marketplace that connects agents,
buyers, and sellers. OnTheMarket is a leading residential property
portal in the United Kingdom. BureauxLocaux is one of the largest
specialized property portals for buying and leasing commercial real
estate in France. Business Immo is France’s leading commercial real
estate news service. Thomas Daily is Germany’s largest online data
pool in the real estate industry. Belbex is the premier source of
commercial space available to let and for sale in Spain. CoStar
Group’s websites attracted over 163 million average monthly unique
visitors in the third quarter of 2024. Headquartered in Washington,
DC, CoStar Group maintains offices throughout the U.S., Europe,
Canada, and Asia. From time to time, we plan to utilize our
corporate website, CoStarGroup.com, as a channel of distribution
for material company information. For more information, visit
CoStarGroup.com.
About Bray Fox Smith
Bray Fox Smith is a London-based commercial property consultancy
focusing on Office Agency and Multi-Sector Investment and
Development.
Founded in 2009, Bray Fox Smith provides director-level advice
to landlords, occupiers and developers alike and are firmly
established in the market as a genuine alternative to both large
and local real estate practices.
Their depth of knowledge, enviable list of contacts and proven
track record mean Bray Fox Smith are able to provide creative
solutions throughout the business space sector.
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NEWS MEDIA CONTACT
Matt Blocher CoStar Group Vice President mblocher@costar.com |
+12023021195
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