CoStar Group Welcomes Robert Stassen as New Head of Analytics for Expanding Europe Region

WASHINGTON, April 28, 2022–(BUSINESS WIRE)–CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analysis for the commercial and residential real estate markets, announced today today the hiring of Robert Stassen as head of analysis for Europe.

In this role, Stassen will be responsible for growing and leading the CoStar Group’s expanding European analytical team as it produces insightful analyzes of economic and real estate market conditions in the region for inclusion in CoStar’s product offerings. the society.

“As CoStar Group continues to expand its reach across Europe, we knew we needed to onboard a talented leader with an undeniably strong understanding of the region’s uniquely complex commercial real estate industry,” said Lisa Ruggles, vice -Senior President of Global Marketing Research, Analytics. and News, CoStar Group. “We believe Robert is the best of the best and perfect for the role. We are extremely excited to welcome him to the CoStar family and look forward to seeing how he shapes the marketing research and analytics team in Europe.”

In addition to growing the team and onboarding senior talent in key markets across Europe, Stassen will also be directly responsible for ensuring that CoStar data accurately reflects market trends. He will be involved in sales and marketing initiatives in the region and will also serve as the primary point of contact for CoStar customers and key customers, fostering and strengthening relationships across the continent.

Stassen joins the CoStar family with nearly 30 years of experience within the European financial and commercial property sectors. Previously, he spent seven years as Head of Capital Markets Research for EMEA at Jones Lang LaSalle (JLL), where he expanded their client network and oversaw strategic initiatives that impacted pan-European capital markets.

About CoStar Group, Inc.

CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate markets, commercial and residential real estate market information and analysis. Founded in 1987, CoStar conducts extensive and ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. Our suite of online services allows clients to analyze, interpret and gain unparalleled insight into commercial property values, market conditions and current availability. STR provides premium benchmarking data, analysis and market insights for the global hospitality industry. Ten-X provides a leading platform for conducting online auctions and negotiated offers for commercial real estate. LoopNet is the busiest online marketplace for commercial real estate. Apartments.com, ApartmentFinder.com, ForRent.com, ApartmentHomeLiving.com, Westside Rentals, AFTER55.com, CorporateHousing.com, ForRentUniversity.com and Apartamentos.com are the premier online apartment resource for renters looking for superb apartments and provide property managers and owners with a proven platform for marketing their properties. Homesnap is a leading online and mobile software platform that provides user-friendly applications to optimize residential real estate agent workflow and strengthen the agent-client relationship. Homes.com provides residential property advertising and marketing services to real estate professionals. Realla is the UK’s most comprehensive digital commercial property marketplace. In France, BureauxLocaux is one of the largest real estate portals specializing in buying and renting commercial real estate and Business Immo is widely recognized as one of the leading providers of digital commercial real estate information in the country. . The group’s websites attract tens of millions of unique visitors every month. Based in Washington, DC, CoStar Group has offices in the United States, Europe, Canada and Asia. From time to time, we plan to use our corporate website, http://www.costargroup.com, as a distribution channel for important company information. For more information, visit CoStarGroup.com.

This press release contains “forward-looking statements”, including, without limitation, statements regarding the CoStar Group’s expectations, beliefs, intentions or strategies regarding the future. These statements are based on current beliefs and are subject to numerous risks and uncertainties that could cause actual results to differ materially from these statements, including the risk that the Company’s expected growing global expansion will not occur. as and when expected. Further information about potential factors that could cause actual results to differ materially from those anticipated in the forward-looking statements includes, but is not limited to, those set forth in documents filed by the CoStar Group from time to time with the Securities and Exchange Commission, including in CoStar’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021, which is filed with the SEC, including in the “Risk Factors” sections of this filing, as well as CoStar’s other filings with the SEC available on the SEC’s website (www.sec.gov). All forward-looking statements are based upon information available to CoStar Group as of the date hereof, and CoStar Group undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220421006132/en/

contacts

Media:
Matthew Blockher
CoStar Group
[email protected]
202.346.6775

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