CoStar Group Announces Winners of 2024 CoStar Impact Awards
27 März 2024 - 10:00AM
Business Wire
35 UK winners chosen by panel of 65 revered
real estate industry professionals
CoStar Group (NASDAQ: CSGP), a leading provider of online real
estate marketplaces, information and analytics in the commercial
and residential property markets, today announced the winners of
the 2024 CoStar Impact Awards.
The 2024 CoStar Impact Awards celebrated outstanding commercial
real estate projects and transactions completed in 2023 and had a
significant positive influence across 128 markets in the United
Kingdom, United States, and Canada.
The awards recognised over 380 winners globally, including 35
from the United Kingdom, across three categories: Sale/Acquisition
of the Year, Lease of the Year and Commercial Development of the
Year. Winning transactions and projects—chosen for their impact on
the vibrancy, economic activity, growth, diversification and
innovation of their markets—were selected from a panel of 65
industry professionals drawn from each respective market.
“Now in its third year, the CoStar Impact Awards are an
incredible opportunity to recognise the real estate projects
fundamentally transforming the industry landscape,” said Andy
Florance, Founder and Chief Executive Officer of CoStar Group. “Our
diverse panel of judges worked diligently to identify the most
impactful commercial real estate projects across a range of
categories that are shaping the future of the industry and the
communities in which they serve. It’s an honour to recognise the
companies and projects propelling the real estate sector
forward.”
One notable UK winner was department store chain Fenwick in the
Sale/Acquisition of the Year category for the sale of its 53–63 New
Bond Street store in London W1 for £428m to Lazari Investments
Limited to fund the growth of its online business. Lazari
Investments intends to transform the retail building into a new
sustainable mixed-use scheme with new world-class retail and Grade
A office space, while making a positive contribution to the
surrounding townscape.
Another noteworthy UK winner in the Sale/Acquisition of the Year
category was the acquisition of the landmark Waldorf Astoria
Edinburgh – The Caledonian in Edinburgh by property investment
manager and hotel operator Henderson Park from Twenty14 Holdings.
Henderson Park will invest in the historic 120-year-old hotel
including room renovations and upgrading communal areas helping
ensure the hotel retains its status as one of Edinburgh’s
emblematic hotels now and in the future.
To learn more about the CoStar Impact Awards and review the full
list of winners, visit www.CoStarImpactAwards.co.uk.
About CoStar Group, Inc.
CoStar Group (NASDAQ: CSGP) is a leading provider of online real
estate marketplaces, information, and analytics in the property
markets. Founded in 1987, CoStar Group conducts expansive, ongoing
research to produce and maintain the largest and most comprehensive
database of real estate information. CoStar is the global leader in
commercial real estate information, analytics, and news, enabling
clients to analyse, interpret and gain unmatched insight on
property values, market conditions and availabilities.
Apartments.com is the leading online marketplace for renters
seeking great apartment homes, providing property managers and
owners a proven platform for marketing their properties. LoopNet is
the most heavily trafficked online commercial real estate
marketplace with over twelve million monthly global unique
visitors. STR provides premium data benchmarking, analytics, and
marketplace insights for the global hospitality industry. Ten-X
offers a leading platform for conducting commercial real estate
online auctions and negotiated bids. Homes.com is the fastest
growing online residential marketplace that connects agents,
buyers, and sellers. OnTheMarket is a leading residential property
portal in the United Kingdom. BureauxLocaux is one of the largest
specialised property portals for buying and leasing commercial real
estate in France. Business Immo is France’s leading commercial real
estate news service. Thomas Daily is Germany’s largest online data
pool in the real estate industry. Belbex is the premier source of
commercial space available to let and for sale in Spain. CoStar
Group’s websites attract over 100 million unique monthly visitors.
Headquartered in Washington, DC, CoStar Group maintains offices
throughout the U.S., Europe, Canada, and Asia. From time to time,
we plan to utilise our corporate website, CoStarGroup.com, as a
channel of distribution for material company information. For more
information, visit CoStarGroup.com.
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NEWS MEDIA Matthew Blocher CoStar Group (202) 346-6775
mblocher@costargroup.com
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