CoStar Group Acquires UK's largest commercial property marketplace Realla - Seite 2

Andrew Miles, Realla's CEO added: "We are excited to become part of the CoStar Group. We believe this will enable Realla to accelerate its growth, supported by the terrific resources of CoStar. We believe we can build the single most effective marketing solution for the UK property industry.  The commercial property sector deserves a high quality sector-specific online marketplace to better serve agents and owners."

About CoStar Group, Inc.

CoStar Group, Inc. (NASDAQ: CSGP) is the leading provider of commercial real estate information, analytics and online marketplaces. Founded in 1987, CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. CoStar is ranked by Fortune as one of the 100 fastest growing companies in the world.  Forbes ranks CoStar as one of the 20 most innovative companies in the world.  Our suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availabilities. LoopNet is the most heavily trafficked commercial real estate marketplace online with approximately 5 million monthly unique visitors per month. Apartments.com, ApartmentFinder.com, ForRent.com, ApartmentHomeLiving.com, Westside Rentals, AFTER55.com, CorporateHousing.com, ForRentUniversity.com and Apartamentos.com form the premier online apartment resource for renters seeking great apartment homes and provide property managers and owners a proven platform for marketing their properties. CoStar Group's websites attracted an average of approximately 40 million unique monthly visitors in aggregate in the second quarter of 2018. CoStar maintains over 100 offices throughout the U.S. and in Europe and Canada with a staff of over 3,800 worldwide, including the industry's largest professional research organization. For more information, visit www.costargroup.com.     

About Realla

Launched in summer 2016, Realla is a free-to-list search engine for commercial property. It displays the largest public index of available commercial real estate in the UK. Realla also offers a software product, called Realbase, which provides a dedicated, all-in-one commercial property marketing & data management platform for agents and landlords. Realla's mission is to provide a better search experience for commercial tenants and investors, and deeply support agents and landlords in their digital marketing efforts to drive more, better quality enquiries and increase deal velocity. Realla was founded by Andy Miles and Ian Parry and has over 100 corporate customers across the commercial real estate sector.