CoStar Group has officially launched its commercial real estate intelligence platform in France, providing comprehensive market data and analytics to professionals across major hubs like Paris and Lyon.

Key Points

• CoStar entered the €300 billion French commercial real estate market on July 2 using local acquisitions like BureauxLocaux and Business Immo.
• The platform tracks over 290,000 properties and 385,000 commercial tenants across the office, logistics, and hospitality sectors.
• Users gain access to verified lease and sale comparables, live property availabilities, and real-time market analytics.
• CEO Andy Florance stated the expansion aims to facilitate cross-border investment by connecting French assets to a global network of 320,000 subscribers.

Why it Matters

This expansion marks a significant step in CoStar Group’s strategy to standardize global real estate data and increase market transparency in Europe. By providing advanced analytical tools to French industry professionals, the company strengthens its position as a primary information provider for international commercial property investors.