Colliers Int'l Extends License Agreement with RCA
Tuesday, May 12, 2009
Source: RCA
RCA reports: Colliers International, One of the World’s Largest Commercial Property Services Firms, Partners with Real Capital Analytics to Provide RCA’s Full Suite of Global Products to Colliers Professionals Around the World.
New York, NY - May 12, 2009– Real Capital Analytics (“RCA”), a leading research firm focused exclusively on the commercial property markets, announced today that it has extended and expanded its license agreement with Colliers International, one of the world’s largest commercial real estate services firms, to deliver RCA’s global transaction database, reports and publications to Colliers professionals around the world.
“Colliers has always been well positioned to support our clients' global requirements. Providing our teams with RCA’s global research and transactional knowledge simply enhances our worldwide offer. Our Global Investment Services Team (GIST) has put in a lot of effort in attaining this partnership. We are delighted to be able to provide our brokers with access to RCA’s full range of products,” commented James W. Horne, President-International of Colliers International.
RCA is the first and only independent research firm to comprehensively track sales of commercial property and to analyze capital flows, investment trends and real estate prices in more than 80 countries. RCA’s proprietary database includes details on each transaction and the parties involved for the office, retail, industrial, multifamily, hotel and developable land sectors.
“I am extremely proud that an industry leader like Colliers with a truly global presence is making RCA’s data and analysis available to its professionals throughout the world. Our international data is relatively new but the Colliers Global Investment Services Team was quick to see its value since it is so committed to providing its organization and clients with the best information available,” said Bob White, RCA’s founder and president.
RCA recently published the April edition of Global Capital Trends which highlighted $47 billion USD in global commercial property sales for Q1 of 2009. RCA also tracks commercial real estate distress and has identified more than $160 billion USD of troubled assets around the world that are in the process of being foreclosed upon.
Colliers International is a worldwide affiliation of independently owned and operated companies that provides a full range of services to real estate users, owners and investors worldwide. Colliers operates in 293 offices in 61 countries. The Colliers Global Investment Services Team (GIST) is a global partnership of real estate professionals within the Colliers International network. The group provides unparalleled knowledge and expertise in investment sales services to a broad range of institutional and private clients around the world.
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.
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Posted by: Richard Trautmann