CoStar Acquires Emporis In Bid To Take Commercial Real Estate Data Empire Global

CoStar Group has made its second acquisition of the pandemic, this time buying a European commercial real estate data firm.


Bisnow/Jon Banister

CoStar Group’s HQ at 1331 L St. NW in Washington, D.C.

The D.C.-based commercial real estate data giant announced Tuesday it acquired Emporis, a Hamburg, Germany-based firm with data on 700,000 buildings across 100 countries.

It didn’t disclose the acquisition price, but CoStar CEO Andy Florance on the firm’s Q3 earnings call Tuesday evening described it as a minor deal.

“It’s in line with the coffee budget, and lately we haven’t been using much coffee here at CoStar,” Florance said in response to an analyst’s question about the purchase price. “It’s a relatively small purchase price, small revenue stream.” 

Florance added that the company plans to integrate Emporis’ data into its platform, and the acquisition is part of its larger efforts to expand its global reach.

“Our thought

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Ventas Life Science and Healthcare Real Estate Fund Acquires Trophy Life Science Portfolio in South San Francisco for $1.0 Billion

Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today announced that the Ventas Life Science and Healthcare Real Estate Fund, L.P. (the “Fund”) has acquired a trophy life science portfolio in the premier South San Francisco life science cluster for $1.0 billion. Ventas is the Sponsor and General Partner of the Fund, which is a perpetual life vehicle focused on investments in core and core plus life science, medical office and senior housing real estate in North America.

“We are pleased to further expand our growing research & innovation footprint into the premier South San Francisco life science cluster with the acquisition of this outstanding lab portfolio,” said Debra A. Cafaro, Ventas Chairman and Chief Executive Officer. “Strong and growing capital flows into the life science sector are accelerating innovation and discovery. These flows support the demand for first class lab space in dynamic markets like South San

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