CoStar Group Welcomes Boutique Consultancy RX London as New Client
February 05 2025 - 1:53PM
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, today announced
a new client partnership with RX London, a boutique practice
providing multi-disciplinary services in the central London market,
with expertise in capital markets, leasing (traditional and
flexible), development and lease advisory services.
This partnership will provide RX London, which prides itself on
being an independent and insightful consultancy, with access to
CoStar’s market-leading commercial real estate data and analytics,
which can be leveraged to support business development, client
advisory, and insight-driven decision making.
“Our suite of products allows organisations of all sizes and
geographies in the property market to reap competitive advantages
and deploy highly sophisticated tools and insights to achieve their
business objectives and deliver for their clients,” said Andy
Florance, Founder and Chief Executive Officer of CoStar Group.
“Our partnership with RX London will provide the firm with
unrivalled market data and insights, driving effective deal-making
opportunities even in challenging markets. We look forward to
supporting our new client’s growth journey.”
“Since inception, RX London has focused heavily on the quality
and extent of our data. CoStar’s tools and analytics are the
perfect supplement to our data-driven approach and will further
enhance our efficiency. In an ever-evolving market we consider this
approach essential to delivering for our clients,” said Hugh Ronan,
a Partner with RX London.
The partnership further establishes CoStar as the global leader
in commercial real estate information, analytics, and online
marketplaces, trusted by many of the UK’s leading real estate
advisors, investors, and owners. These collaborations highlight the
industry-wide recognition of CoStar’s data-driven solutions as
essential tools for staying ahead.
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 Arlington,
Virginia, 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.
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NEWS MEDIA Matt Blocher CoStar Group Vice President
mblocher@costar.com | +12023021195
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