In another sign of the ongoing consolidation in the commercial real estate information sector, MSCI Inc. has entered into a definitive agreement to acquire Real Capital Analytics for $950 million in cash.
Founded in 2000, Real Capital Analytics is a private company that has built a strong reputation within the CRE community for aggregating transaction data and providing intelligence on market pricing, capital flows and investment trends.
MSCI plans to leverage Real Capital Analytics' database of more than $20 trillion of commercial property transactions in order to expand its suite of real estate products. It is a timely move for MSCI, says CEO Henry Fernandez.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.