CoStar Group said it has acquired France’s premier commercial real estate news service, Business Immo, for an undisclosed amount.
Business Immo was founded in 2004 and covers the French commercial real estate market.
It has over 300,000 unique visitors each month, including brokers, investors, developers and lenders. Business Immo has extended its product portfolio to include training, education and industry conferences. The publication has over 2,000 subscribing companies and 100,000 followers on social media.
CoStar’s global news team offers daily coverage across the United States, Canada, the United Kingdom, Germany and through Hotel News Now, CoStar’s international hospitality industry news service.
With over 235,000 subscribers and 19,000 articles published in 2021, CoStar News is one of the largest national and international real estate news services in the world.
CoStar journalists recently received eight awards, including three gold medals, from the National Association of Real Estate Editors, the largest real estate journalism organization in the United States.
