CoStar Group, Inc. (Nasdaq:CSGP) will announce financial results for the fourth quarter and full-year of 2011 following the market close on Wednesday, February 22, 2012. Management will conduct a conference call to discuss the fourth quarter and full-year results at 11:00 AM EST on Thursday, February 23, 2012.

CoStar Group, Inc (CSGP), the leading provider of information and analytic services to the commercial real estate market, will visit the NASDAQ MarketSite in New York City's Times Square on Thursday, January 19, 2012. In honor of the occasion, Andrew C. Florance, CoStar Group's Founder and CEO, will ring the NASDAQ Opening Bell.

Investment-grade prices post solid monthly gain, while general commercial properties continue to see modest but steady growth.

Rene Circ has joined CoStar Group's Property and Portfolio Research (PPR) division as Director of Research - Industrial. Circ comes to PPR from Grubb & Ellis Company, where as Vice President and National Director of Research, he led all aspects of industrial real estate research, including data quality and integration and market analysis and forecasting. He is based in PPR's Boston office.

Investment-grade, general commercial property prices post solid monthly gains, level of distress sales continues to decline. 

UGL Services, a global corporate real estate firm focusing exclusively on the business-space user, has expanded its subscription to CoStar’s commercial real estate information services and is now using the company’s powerful new iPad app, CoStarGo™.

CoStar Group has completed the integration of CoStar's comprehensive commercial property database and PPR's best-in-class analytics and forecasting tools, enabling PPR clients to be able to base their investment decisions on actual, verified data that is more accurate, timely and granular. This is a significant move away from the sample data method that is currently employed in the industry.

Resuming an upward trend following a pause in August, CoStar’s monthly National Composite Index of commercial real estate prices gained 0.4% in September resulting in a quarterly increase of 0.9% for the third quarter of 2011 compared to the second quarter of 2011. Prices advanced because of the continued, gradual decline in distress sales, and price recovery in retail and multifamily property sales.

CoStar Group, Inc., Announces Third Quarter 2011 ResultsAchieves its highest quarter in Company history of annualized net new sales of $7.7 million, Posts eighth consecutive quarter of record revenue of $63.8 million, Raises revenue outlook for third time this year and earnings by $0.09 for full year 2011, The Company’s innovative iPad app CoStarGo™ drives strongest quarter of sales to existing customers   

CoStar Group today announced the acquisition of Virtual Premise, Inc., a leading independent provider of SaaS-based real estate information management solutions. The Atlanta-based, privately held company develops and hosts real estate management software and provides lease abstraction services for over 250 major corporations, commercial real estate brokers, retailers and property owners.