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 client's 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 informational available," said Bob White, RCA's founder and president.
RCA recently published the April edition of Global Capital Trends which highlighted $47 billion USD (approx. 34.8 bln.) 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.