CoStar Group acquired BureauxLocaux (Comreal Info) for Base purchase price of EUR 35 million ($41 million) in cash, subject to customary working-capital and other post-closing adjustments, a transaction completed in October 2021, structured as Acquired all share capital interests in Comreal Info (all cash).
BureauxLocaux (Comreal Info) operates in International. On October 1, 2021, CoStar acquired all of the share capital interests in Comreal Info, the French owner and operator of BureauxLocaux, a leading commercial real estate digital marketplace in France.
Expanded CoStar's international online marketplace footprint into France.
Advisory firms were not disclosed for this transaction.