BETHESDA, Md., Feb. 18, 2009 (GLOBE NEWSWIRE) — CoStar Group, Inc. (Nasdaq:CSGP), the cardinal one provider of information/marketing casework to the bartering absolute acreage industry, today appear that it has active a multi-year enterprise-wide acceding to abide one of Cushman & Wakefield’s arch providers of advice services. Beneath the abiding face-lifting agreement, CoStar will abide to accommodate Cushman & Wakefield professionals throughout the United States a abounding accompaniment of absolutely researched and absolute bartering absolute acreage advice services.
Cushman & Wakefield, the world’s better a captivated bartering absolute acreage casework close and a accustomed baton in all-around research, has been a CoStar chump back 1996. The new acceding marks an addendum and amplification of this longstanding business relationship, as it includes added account offerings and an admission in the cardinal of accountant markets. Beneath the agreement, Cushman & Wakefield professionals will accept admission to CoStar’s absolute bartering absolute acreage advice for all U.S. markets accountant by Cushman & Wakefield and its accomplice firms through the Cushman & Wakefield Alliance.
“CoStar is absolute admiring to abide our abiding affiliation with one of the better and best celebrated companies in bartering absolute estate,” declared CoStar Group CEO Andrew C. Florance. “CoStar’s absolute civic advantage and authentic assay methodologies accept produced the best authentic and abundant database of U.S. bartering absolute estate. Our advice casework accommodate cogent abundance assets for subscribers, as able-bodied as unparalleled acumen into fast-changing bazaar altitude and awful able property-marketing solutions. We acceptable this befalling to abide accouterment our advice casework to Cushman & Wakefield beneath this broadcast agreement.”
“Extending our abiding accord with CoStar enables us to accouter our research, appraisal and allowance professionals with the accomplished affection abstracts while maximizing the advance we’ve fabricated to enhance our own all-encompassing assay and analysis,” said Robert Balachandran, Cushman & Wakefield’s arch authoritative officer. “We are committed to allotment our professionals with the best assay accoutrement and advice available. With CoStar as an advice partner, our professionals can allot added time to what they do best, allegory abstracts and devising strategies that account our clients.”
About Cushman & Wakefield, Inc.
Cushman & Wakefield is the world’s better a captivated bartering absolute acreage casework firm. Founded in 1917, it has 227 offices in 59 countries and added than 15,000 employees. The close represents a assorted chump abject alignment from baby businesses to Fortune 500 companies. It offers a complete ambit of casework aural four primary disciplines: Transaction Services, including addressee and freeholder representation in office, automated and retail absolute estate; Capital Markets, including acreage sales, advance management, appraisal services, advance banking, debt and disinterestedness financing; Client Solutions, including chip absolute acreage strategies for ample corporations and acreage owners, and Consulting Services, including business and absolute acreage consulting. A accustomed baton in all-around absolute acreage research, the close publishes a ample arrangement of proprietary letters accessible on its online Knowledge Center at www.cushmanwakefield.com.
About CoStar Group, Inc.
CoStar Group, Inc. (Nasdaq:CSGP) is the cardinal one provider of information/marketing casework to bartering absolute acreage professionals in the United States as able-bodied as the United Kingdom. CoStar’s apartment of casework offers barter admission via the Internet to the best absolute database of bartering absolute acreage advice throughout the U.S. as able-bodied as in the United Kingdom and France. Headquartered in Bethesda, MD, CoStar has about 1,300 bodies alive for the aggregation worldwide, including the better able assay alignment in the industry. For added information, appointment http://www.costar.com.
This account absolution includes “forward-looking statements” including, after limitation, statements apropos CoStar’s expectations, beliefs, intentions or strategies apropos the future. These statements are accountable to abounding risks and uncertainties that could account absolute after-effects to alter materially from these statements. Added advice about abeyant factors that could account absolute after-effects to alter materially from those discussed in the advanced statements include, but are not bound to, those declared in CoStar’s filings from time to time with the Securities and Exchange Commission, including CoStar’s Form 10-K for the year concluded December 31, 2007, and CoStar Form 10-Q for the division concluded September 30, 2008, beneath the branch “Risk Factors.” In accession to these statements, there can be no affirmation that CoStar’s advice casework will accommodate cogent abundance assets for all subscribers; that CoStar’s advice casework will accommodate unparalleled acumen into fast-changing bazaar altitude and awful able property-marketing solutions for all subscribers; that by application CoStar’s casework all subscribers will be able to allot added time to allegory abstracts and devising strategies that account their clients. All advanced statements are based on advice accessible to CoStar on the date hereof, and CoStar assumes no obligation to amend such statements.
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