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New Deal


Announced

Completed

CoStar Group completed the acquisition of BureauxLocaux.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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France

Single Bidder

Private

digital real estate platform

Friendly

Online and Social Platforms

Cross Border

Completed

Majority

Acquisition

Synopsis

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CoStar Group, an online information and analysis platform for commercial real estate, completed the acquisition of BureauxLocaux, a one of the largest real estate portals specializing in the purchase and rental of commercial property in France. Financial terms were not disclosed. "France is one of the main commercial real estate markets in Europe, with an annual transaction value of investments estimated at 40 billion EUR. BureauxLocaux has set up a leading platform in the listing of specific commercial properties, benefiting from a national coverage, strong brand recognition, as well as an excellent reputation with its customers," Andrew C. Florance, CoStar Group Founder and CEO.

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