CoStar Group Welcomes Boutique Consultancy RX London as New Client

CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics, has announced a strategic partnership with RX London, a boutique consultancy specializing in the central London real estate market. This collaboration will provide RX London with access to CoStar's market-leading commercial real estate data and analytics, enabling the firm to enhance its business development, client advisory, and decision-making capabilities.

RX London, known for its independent and insightful approach, will leverage CoStar's suite of products to support its clients' growth journeys. By utilizing CoStar's unrivaled market data and insights, RX London can drive effective deal-making opportunities, even in challenging markets. This partnership further establishes CoStar as the global leader in commercial real estate information, analytics, and online marketplaces, trusted by many of the UK's leading real estate advisors, investors, and owners.



Andy Florance, Founder and Chief Executive Officer of CoStar Group, expressed his enthusiasm for the partnership: "Our suite of products allows organizations of all sizes and geographies in the property market to reap competitive advantages and deploy highly sophisticated tools and insights to achieve their business objectives and deliver for their clients. Our partnership with RX London will provide the firm with unrivaled market data and insights, driving effective deal-making opportunities even in challenging markets. We look forward to supporting our new client's growth journey."

Hugh Ronan, a Partner with RX London, echoed Florance's sentiments: "Since inception, RX London has focused heavily on the quality and extent of our data. CoStar's tools and analytics are the perfect supplement to our data-driven approach and will further enhance our efficiency. In an ever-evolving market, we consider this approach essential to delivering for our clients."

This partnership aligns with CoStar Group's broader European expansion strategy, allowing the company to strengthen its presence in the UK market and leverage its data-driven solutions to support the growth of its clients. By providing RX London with access to its comprehensive database of real estate information, CoStar Group can help the boutique consultancy make more informed decisions, identify trends and opportunities, and ultimately deliver better results for its clients.

In conclusion, CoStar Group's partnership with RX London is a strategic move that will enable both parties to capitalize on their respective strengths and expertise. By combining CoStar's market-leading data and analytics with RX London's boutique consultancy services, the partnership will drive business growth, market leadership, and enhanced client experiences in the UK commercial real estate sector.