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CoStar Group Announces Partnership with Chandler Garvey to Support Expanded Commercial Presence

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CoStar Group (NASDAQ: CSGP) has announced a strategic partnership with Chandler Garvey, a UK commercial property consultancy specializing in the Thames Valley region. Through this collaboration, Chandler Garvey will gain access to CoStar's real estate data and analytics platform as well as LoopNet's marketplace to enhance their service offerings and support growth initiatives.

The partnership will enable Chandler Garvey to leverage CoStar's comprehensive insights on property values, market conditions, occupancy levels, and availability. Additionally, through LoopNet, Chandler Garvey will be able to connect their commercial property listings with the world's largest audience of commercial tenants and buyers, enhancing visibility for their clients' properties.

CoStar Group (NASDAQ: CSGP) ha annunciato una partnership strategica con Chandler Garvey, una società di consulenza immobiliare commerciale nel Regno Unito, specializzata nella regione della Valle del Tamigi. Grazie a questa collaborazione, Chandler Garvey avrà accesso alla piattaforma di dati e analisi immobiliari di CoStar, oltre al mercato di LoopNet, per migliorare la propria offerta di servizi e supportare le iniziative di crescita.

La partnership consentirà a Chandler Garvey di sfruttare le informazioni complete di CoStar su valori immobiliari, condizioni di mercato, tassi di occupazione e disponibilità. Inoltre, tramite LoopNet, Chandler Garvey potrà connettere le proprie inserzioni di proprietà commerciali con il pubblico più ampio di inquilini e acquirenti commerciali del mondo, aumentando la visibilità delle proprietà dei loro clienti.

CoStar Group (NASDAQ: CSGP) ha anunciado una asociación estratégica con Chandler Garvey, una consultora de propiedades comerciales del Reino Unido especializada en la región del Valle del Támesis. A través de esta colaboración, Chandler Garvey tendrá acceso a la plataforma de datos y análisis inmobiliarios de CoStar así como al mercado de LoopNet para mejorar su oferta de servicios y apoyar iniciativas de crecimiento.

La asociación permitirá a Chandler Garvey aprovechar las ideas completas de CoStar sobre valores de propiedades, condiciones del mercado, niveles de ocupación y disponibilidad. Además, a través de LoopNet, Chandler Garvey podrá conectar sus listados de propiedades comerciales con la audiencia más grande del mundo de inquilinos y compradores comerciales, aumentando la visibilidad de las propiedades de sus clientes.

CoStar Group (NASDAQ: CSGP)는 영국의 상업용 부동산 컨설팅 회사인 Chandler Garvey와 전략적 파트너십을 발표했습니다. 이 협력을 통해 Chandler Garvey는 CoStar의 부동산 데이터 및 분석 플랫폼LoopNet의 시장에 접근할 수 있게 되어, 서비스 제공을 향상하고 성장 이니셔티브를 지원할 수 있습니다.

이번 파트너십은 Chandler Garvey가 CoStar의 부동산 가치, 시장 조건, 점유율 및 가용성에 대한 포괄적인 통찰력을 활용할 수 있게 합니다. 또한 LoopNet을 통해 Chandler Garvey는 상업용 부동산 목록을 세계 최대의 상업 세입자 및 구매자에게 연결하여 고객의 부동산 가시성을 향상시킬 수 있습니다.

CoStar Group (NASDAQ: CSGP) a annoncé un partenariat stratégique avec Chandler Garvey, un cabinet de conseil immobilier commercial au Royaume-Uni, spécialisé dans la région de la vallée de la Tamise. Grâce à cette collaboration, Chandler Garvey aura accès à la plateforme de données et d'analyses immobilières de CoStar ainsi qu'au marché de LoopNet pour améliorer son offre de services et soutenir les initiatives de croissance.

Ce partenariat permettra à Chandler Garvey de tirer parti des informations complètes de CoStar sur les valeurs immobilières, les conditions du marché, les taux d'occupation et la disponibilité. De plus, via LoopNet, Chandler Garvey pourra connecter ses listes de propriétés commerciales avec le plus large public d'internautes et d'acheteurs commerciaux au monde, améliorant ainsi la visibilité des propriétés de ses clients.

CoStar Group (NASDAQ: CSGP) hat eine strategische Partnerschaft mit Chandler Garvey, einer britischen Beratungsfirma für Gewerbeimmobilien, die sich auf die Region Thames Valley spezialisiert hat, bekannt gegeben. Durch diese Zusammenarbeit erhält Chandler Garvey Zugang zur Datenerfassungs- und Analyseplattform von CoStar sowie zum Marktplatz von LoopNet, um ihr Dienstleistungsangebot zu erweitern und Wachstumsinitiativen zu unterstützen.

Die Partnerschaft ermöglicht es Chandler Garvey, die umfassenden Einblicke von CoStar in Bezug auf Immobilienwerte, Marktbedingungen, Belegungsraten und Verfügbarkeit zu nutzen. Darüber hinaus wird Chandler Garvey durch LoopNet in der Lage sein, ihre Gewerbeimmobilienangebote mit dem größten Publikum von gewerblichen Mietern und Käufern weltweit zu verbinden, was die Sichtbarkeit der Immobilien ihrer Kunden erhöht.

Positive
  • Strategic expansion in UK market through partnership with established Thames Valley property consultancy
  • Increased market penetration for CoStar's data platforms and LoopNet marketplace
Negative
  • None.

LONDON--(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 Chandler Garvey, the UK consultancy specialising in commercial property in the Thames Valley region. The new agreement will enable Chandler Garvey to utilise the CoStar and LoopNet platforms to provide even greater service to their clients and drive business development efforts.

This partnership will allow Chandler Garvey to harness CoStar’s unrivalled commercial real estate data and analytics platform to support its ambitious growth plans across the commercial property sector in the Thames Valley. With access to CoStar’s extensive insights on property values, market conditions, occupancy levels and availability, Chandler Garvey will be ideally positioned to expand its business by providing owners and occupiers of commercial real estate with an in-depth understanding of the market and opportunities available.

Through LoopNet, Chandler Garvey will also connect its commercial property listings with the largest audience of commercial tenants and buyers in the world. LoopNet will enhance the visibility of Chandler Garvey’s commercial property listings to help it attract high-calibre tenants and buyers for its clients.

“We are committed to supporting our clients’ growth plans by providing them with the sector-leading insights, tools and far-reaching online marketplaces they need to secure competitive advantage,” said Andy Florance, Founder and Chief Executive Officer of CoStar Group. “Our collaboration with Chandler Garvey will enable this renowned 40-year-old business to expand further across the dynamic Thames Valley commercial real estate markets. We welcome Chandler Garvey as a valued client and look forward to working with them long into the future.”

“We are delighted to be joining CoStar and LoopNet at an exciting time for the business, with a growing Agency Department and new Head of Property Management, we are keen to market our properties to a wide audience and benefit from the investment CoStar has made into the platform. We are looking forward to making full use of the full functionality that CoStar offers and advertising our properties on LoopNet,” said Joanna Kearvell - Director, Head of Agency for Chandler Garvey.

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 analyse, 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.

NEWS MEDIA

Matt Blocher

CoStar Group

Vice President

mblocher@costar.com | +12023021195

Source: CoStar Group

FAQ

What does the Chandler Garvey partnership mean for CoStar Group (CSGP)?

The partnership expands CoStar Group's presence in the UK's Thames Valley region, allowing them to provide their real estate data platforms and LoopNet marketplace to a well-established commercial property consultancy.

How will Chandler Garvey utilize CoStar Group's (CSGP) platforms?

Chandler Garvey will use CoStar's data and analytics platform for market insights and LoopNet to connect their property listings with commercial tenants and buyers worldwide.

What services will CoStar Group (CSGP) provide to Chandler Garvey?

CoStar Group will provide access to their real estate data platform offering insights on property values, market conditions, occupancy levels, and availability, plus access to LoopNet's marketplace for property listings.

How will the partnership affect CoStar Group's (CSGP) UK market presence?

The partnership strengthens CoStar Group's presence in the Thames Valley commercial real estate market through collaboration with a 40-year-old established local consultancy.

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