French Launch for Real Estate Intell Group CoStar

Commercial real estate marketplace intelligence giant CoStar Group has launched its platform in France, building on the acquisitions of local firms BureauxLocaux and Business Immo, as well as significant investment in local proprietary research. The business will be led by GM France Sandra Roumi.

CoStar Group was founded in 1986 and provides online real estate marketplaces, information and analytics for the commercial and residential property markets. A month ago it boosted its core US market with the acquisition of Zonda, a data, marketplace, and software platform for the new home ecosystem, for around $800 million.

The firm says the latest launch creates 'one of the most comprehensive commercial property databases ever built for the French market,' offering investors, brokers, owners, corporate occupiers and lenders in the country access to curated property records, live availabilities, verified sale/lease comparables, exclusive industry news and real-time market analytics, on a single platform tailored to the French market.

CoStar says it has invested more than $5 billion in proprietary data and technology over four decades, to build its proprietary global database, which draws on data from 9 million properties; 8 million commercial tenants and 2 million owners connected to properties; 7 million lease activities and 5 million sales comparables; and 15,000 analytical reports covering markets and submarkets.

French datasets span office, logistics and hospitality sectors across the country's major metropolitan areas including Greater Paris, Lyon and Marseille. Founder and CEO Andy Florance (pictured) states: 'France is one of the most important real estate markets in the world, and we are delighted to bring to France the same platform that has transformed how commercial real estate is transacted in the United States, the United Kingdom and Canada. French brokers, investors, owners and occupiers will now be able to source opportunities faster, underwrite more robustly and make decisions with greater confidence.'

CoStar generated some $3.2 billion in revenue in 2025, and employs more than 1,500 researchers in more than fifteen countries worldwide, Brands include CoStar, LoopNet, Apartments.com, Homes.com, Domain, Matterport and OnTheMarket.

Web site: www.costargroup.com .