Green Street, a prominent provider of commercial real estate intelligence and analytics in the U.S. and Europe, has acquired Locatus, a leading Netherlands-based provider of independently sourced retail data and analytics in the Benelux region. This marks Green Street’s fourth acquisition since 2020, following the acquisition of the UK’s Local Data Company (LDC) in late 2023.
“Locatus’s reputation for delivering high-quality locational retail data in the Benelux market, along with its skilled team, aligns well with Green Street’s goals,” stated Jeffry Stuek Jr., CEO of Green Street. “The extensive Benelux retail coverage enhances our property-level data and analytics capabilities and complements our previous acquisition of LDC. We look forward to offering our clients the most comprehensive retail analytics in the region.”
For over two decades, Locatus has collected independent and proprietary data on retail shops and consumer-oriented service companies, initially in the Netherlands and subsequently in the wider Benelux region and major European cities. Locatus provides detailed property-level insights on over 400,000 retail outlets in the Benelux, including catchment area, footfall data, and analytics on vacancy and health. Their clientele includes authorities, retailers, investors, developers, consultants, and more.
“Joining Green Street presents significant opportunities for Locatus to expand our retail database across Europe. Green Street’s infrastructure will enhance our ability to deliver high-quality data and advanced dashboards to our customers,” said Gerard Zandbergen, CEO of Locatus.
If you are a proptech company and want to promote your products for free, go to proptechbuzz.com and submit your products. For investors or proptech buyers, sign up on our platform to stay informed about exciting updates and trends in the Proptech Ecosystem.
Explore more Proptech news at proptechbuzz.com/news, for news tips and promotions, reach out to marketing@proptechbuzz.com.
By Proptechbuzz
By Ravi Kumar