MSCI buys commercial real estate data provider Real Capital Analytics for $950 million

Index provider and analytics firm MSCI has agreed to acquire Real Capital Analytics for $ 950 million in cash.

Real Capital Analytics provides data and analysis on the global commercial real estate capital markets, including market prices, capital flows, and investment trends. The company’s database provides information on more than $ 20 trillion in commercial real estate transactions linked to more than 200,000 investor and lender profiles.

“The commercial real estate sector is experiencing significant transformation, fueled by … the pandemic accelerated changes in consumer behavior regarding work, lifestyle and travel, the realignment of global supply chains and the impact of climate change,” said Henry Fernandez, chairman and CEO of MSCI , in a press release. “The combined strength of MSCI’s existing data, analysis and tools and the addition of Real Capital Analytics’ wealth of commercial real estate data and analysis create an unprecedented level of solutions for the real estate market.”

Robert M. White Jr., Founder and President of Real Capital Analytics, added in the press release: “MSCI is a natural home for Real Capital Analytics as our primary goal has always been to bridge the information gap between commercial real estate and other asset classes Financial markets. “

The transaction is expected to close this year, subject to regulatory approvals and customary closing conditions.

Monday’s deal follows MSCI’s agreement to buy a minority stake in data and analytics company Burgiss Group for $ 190 million, announced in January 2020.