SHERIDAN, WYOMING – Feb. 10, 2025 – 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 RX London, a boutique practice providing multi-disciplinary services in the central London market, with expertise in capital markets, leasing (traditional and flexible), development and lease advisory services. This partnership will provide RX London, which prides itself on being an independent and insightful consultancy, with access to CoStar’s market-leading commercial real estate data and analytics, which can be leveraged to support business development, client advisory, and insight-driven decision making.
Enhancing Data-Driven Approach in a Dynamic Market
RX London's commitment to data quality and comprehensiveness aligns perfectly with CoStar Group's robust data and analytics offerings. This collaboration will empower RX London to further enhance its efficiency and deliver exceptional results for its clients in the increasingly complex central London property market.
“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.”, said Hugh Ronan a Partner with RX London.
CoStar Group's Commitment to Supporting Client Growth
CoStar Group's suite of products is designed to empower organizations of all sizes and geographies within the property market. By providing access to highly sophisticated tools and insights, CoStar Group enables its clients to achieve their business objectives and deliver exceptional value to their own clients.
“Our suite of products allows organisations 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,” said Andy Florance, Founder and Chief Executive Officer of CoStar Group. “Our partnership with RX London will provide the firm with unrivalled market data and insights, driving effective deal-making opportunities even in challenging markets. We look forward to supporting our new client’s growth journey.”
Strengthening CoStar Group's Leadership in Commercial Real Estate Information
This partnership further solidifies CoStar Group's position 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, CoStar Group's data-driven solutions are recognized throughout the industry as essential tools for navigating and succeeding in the dynamic real estate landscape. These collaborations underscore the industry-wide recognition of CoStar’s data-driven solutions as essential tools for staying ahead.
RX London's Expertise in the Central London Market
RX London, a boutique consultancy, offers multi-disciplinary services in the central London market. Their expertise spans capital markets, leasing (both traditional and flexible), development, and lease advisory services. Their focus on insightful and independent counsel makes them a valuable partner for clients navigating the complexities of the London property market. This partnership with CoStar Group will further enhance their ability to provide data-driven insights and strategic advice.
The Power of Partnership in the Real Estate Industry
The collaboration between CoStar Group and RX London exemplifies the power of partnership in the real estate industry. By combining CoStar Group's unparalleled data and analytics with RX London's deep market expertise, both firms are better positioned to serve their clients and contribute to the growth and success of the central London property market. This partnership highlights the importance of data-driven decision-making in today's competitive real estate environment and underscores the value of having access to reliable, comprehensive market information. As the market continues to evolve, access to such resources will become even more critical for success.
About CoStar Group
CoStar Group (NASDAQ: CSGP) is a leading provider of online real estate marketplaces, information, and analytics. Founded in 1987, CoStar Group’s suite of products offers comprehensive data, analytics, and marketing solutions for commercial real estate professionals.
About RX London
RX London is a boutique practice providing multi-disciplinary services in the central London market, with expertise in capital markets, leasing (traditional and flexible), development and lease advisory services. They are known for their independent and insightful approach to client service.