CoStar Group, Inc. (NASDAQ: CSGP), a commercial real estate information provider based in Washington DC, is in no way affiliated with the Chinese firm Costar Group Co. Ltd. (002189.SZ), a Chinese company threatened with a ban on US stock purchases

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WASHINGTON – () – CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of commercial real estate information, analytics and online marketplaces, released a statement today clarifying that it is in no way associated, affiliated with or associated with the Chinese firm CoStar Group Co. ., Ltd., a company mainly engaged in the research, development, design, manufacture, processing and sale of optical parts and components.

Clarification by CoStar Group, Inc. is a response to a June 3, 2021 order from the Biden administration to expand restrictions on US investment in 59 Chinese companies allegedly linked to the Chinese defense sector. The list of companies included the Chinese company CoStar Group Co., Ltd.

About CoStar Group

CoStar Group, Inc. (NASDAQ: CSGP) is a leading provider of commercial real estate information, analytics and online marketplaces. Founded in 1987, CoStar conducts extensive ongoing research to create and maintain the largest and most complete database of commercial real estate information. Our suite of online services allows clients to analyze, interpret and receive unrivaled information on commercial property values, market conditions and current offerings. STR provides high quality benchmarking data, analytics and market data for the global hospitality sector. Ten-X provides a leading platform for online commercial real estate auctions and negotiated tenders. LoopNet is the most visited online commercial real estate marketplace. Realla is the largest digital commercial real estate market in the UK. Apartments.com, ApartmentFinder.com, ForRent.com, ApartmentHomeLiving.com, Westside Rentals, AFTER55.com, CorporateHousing.com, ForRentUniversity.com as well as Apartamentos.com to form the premier online apartment resource for renters looking for great apartments and provide property managers and owners with a proven platform to market their properties. Homesnap is an industry-leading online and mobile software platform that delivers user-friendly apps to streamline the residential real estate agent workflow and strengthen the agent-client relationship. Homes.com offers real estate professionals brand and real estate advertising that connects consumers with real estate professionals. CoStar Group websites attract tens of millions of unique visitors every month. Headquartered in Washington, DC, CoStar has offices in the US, Europe, Canada and Asia with over 4,600 employees worldwide, including the industry’s largest professional research organization. For more information visit www.costargroup.com

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