CoStar Group, Inc., a public company traded on NASDAQ, is a global powerhouse in the realm of commercial property information, analytics, and marketing services. Established in 1987 by Andrew C. Florance, CoStar pioneered the digitization and aggregation of property data, a feat accomplished before the widespread advent of the Internet. Today, CoStar’s influence spans across the United States, Canada, the United Kingdom, France, Germany, and Spain, with a workforce of over 5,653 employees as of January 2023.
CoStar’s digital portfolio is extensive, encompassing online marketplaces such as Apartments.com, LoopNet, Lands of America, and BizBuySell. In 2021, CoStar made a significant stride in the French market by acquiring BureauxLocaux, a leading digital marketplace for commercial real estate in France. This momentum continued into 2023 with the acquisition of two more French entities: BusinessImmo, a premier platform for real estate news, directories, and transactions, and Grecam, a consulting firm established in 1978 with a deep-seated expertise in real estate operational practices and market analysis.
BusinessImmo, with its strong brand recognition in France, has been a trusted source of real estate news for professionals. Grecam, with over 40 years of experience, has been a beacon of knowledge and advice in the real estate market. BureauxLocaux has been a popular digital brokerage platform, bridging the gap between commercial property sellers and potential buyers.
CoStar’s strategic vision in France is to amalgamate these three distinct brands under the CoStar umbrella, thereby creating a unified platform for comprehensive real estate information, analytics, and transactions. This ambitious initiative aims to harness the unique strengths of each brand while infusing CoStar’s advanced technology and expansive global network into the French market.
The General Manager, France will be at the helm of this transformative journey, steering the integration process, fostering broker relationships, and ensuring the seamless delivery of top-tier services to our clients. This role presents a thrilling opportunity to be a part of a global leader’s growth in the real estate industry and to influence the trajectory of real estate in France.