CoStar Group to acquire Zonda for $800 million
The deal adds new home data and marketplace platforms to CoStar's portfolio, expected to close in H2 2026.
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Commercial real estate information and analytics provider
costargroup.comLast updated
In short: CoStar reported strong Q1 2026 growth with a $897 million revenue, announced the $800 million acquisition of Zonda, and faced antitrust litigation.
The deal adds new home data and marketplace platforms to CoStar's portfolio, expected to close in H2 2026.
National vacancy to hit 8.8% by year-end 2026, easing to 8.4% in 2027. Rent growth revised upward slightly for Q2 but lowered for Q4.
National vacancy rate stays mid-7% in Q2 2026, rises into 2027, then descends. Rent growth forecast at +1.6% for 2026-27.
Revenue rises 23% to $897 million from $732 million. Net new bookings increase 20% to $67 million. Adjusted EBITDA doubles to $132 million. 2026 outlook reaffirmed with increased guidance.
A proposed class of commercial tenants has alleged CoStar Group Inc., Colliers International Group Inc., Colliers International USA LLC, Cushman & Wakefield and others ran...
CoStar Group options trading jumps with put volume surge...
FEATURE A pilot program by Alphabet Google to provide home listings ads at the top of search results...
Data giant asked a federal court to deny Zillow's motion for a preliminary injunction in its lawsuit against MRED and Compass.
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