RCA is very pleased to be working with RP Data to more accurately gauge commercial property sales activity in both Australia and New Zealand.
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New York, NY (PRWEB) November 10, 2010
Real Capital Analytics (“RCA”), a leading commercial property research firm, announced today that it has entered into a license agreement with RP Data to improve Australian and New Zealand transaction coverage in RCA’s global commercial transaction database.
“Collaboration with best-of-country information providers like RP Data continues to be a key part of our strategy to provide our clients with timely and comprehensive information regarding global investment capital flows,” said Joseph Mannina, RCA’s Chief Operating Officer. “We are very pleased to be working with RP Data to more accurately gauge commercial property sales activity in both Australia and New Zealand.”
RCA’s global commercial property database is the first transparent database to track global capital flows in more than 100 countries. Subscribers use RCA’s commercial real estate search tools to get details on recent transactions such as sales price, sale date, buyer name, seller name, cap rate/yield and building specs for the office, retail, industrial, multifamily and hotel sectors.
“RP Data’s commercial property division is a clear and long-standing leader of data and information services in Australia and New Zealand,” said Graham Mirabito, CEO for RP Data. For more than 3 decades our teams have been cataloguing, cleansing and matching data for all major commercial buildings in Australia and New Zealand’s major cities. Although not immune to the global financial crisis, Australian and New Zealand properties have performed better than most other regions and we are delighted to be partnering with RCA to bring increased transparency and confidence to global property investors.”
RCA also recently formed agreements with JLR Real Estate Builders (Canada), Bregman-Baraz Real Estate (Israel) and Vida Imobiliaria (Brazil) to improve its coverage of commercial transactions in Canada, Israel and Brazil.
About RP Data
Established in 1991, RP Data is the leading supplier of commercial and residential property information services throughout Australia and New Zealand. Subscription clients to RP Data’s property information service include over 10,000 real estate agents, valuers, property developers, financial institutions and government departments. RP Data is also the largest supplier of electronic valuations and consumer property reports in Australia generating over 30 million electronic valuations every month. For more information, visit http://www.rpdata.com.
About Real Capital Analytics, Inc.
Real Capital Analytics, Inc. is a global research firm based in New York City. The firm's proprietary research is focused exclusively on the investment market for commercial real estate. Within that arena, Real Capital Analytics offers the most in-depth, comprehensive and current information of activity in the industry. In addition to collecting transactional information for property sales and financings, RCA interprets data such as capitalization rates, market trends, pricing and sales volume. RCA also quantifies the market forces and identifies the trends that affect the pricing and liquidity of commercial real estate around the world. The firm publishes a series of Capital Trend reports and offers an online service that provides current transactional and troubled asset information for all markets globally. For more information, visit http://www.rcanalytics.com.
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