India, July 1 -- CoStar Group, Inc. (CSGP), a provider of online real estate marketplaces, information and analytics, on Wednesday said it has agreed to acquire about a 30% stake in Wikicasa, an agent-backed real estate marketplace in Italy.
Financial terms of the transaction were not disclosed.
Wikicasa operates an agent-driven property platform featuring more than 600,000 listings, including over 100,000 commercial properties, and provides data and marketing tools for real estate professionals across Italy.
CoStar said the investment will combine Wikicasa's local market presence with its technology and global marketplace network. As part of the partnership, Wikicasa's commercial property listings are expected to gain broader internatio...