MSCI Inc., a provider of decision support tools and services for the global investment community, has entered into a definitive agreement to acquire Real Capital Analytics for $950 million in cash.
Founded in 2000, the privately-held Real Capital Analytics provides data and analytics on the properties, transactions and participants that drive global commercial real estate capital markets. The company aggregates transaction data and provides intelligence on market pricing, capital flows and investment trends in more than 170 countries.
This acquisition will expand MSCI’s suite of real estate solutions, providing the real estate industry with data, analytics and support tools to manage investments and understand performance and risk, including climate risk, within their portfolios. MSCI will leverage Real Capital Analytics’ database of more than $20 trillion of commercial property transactions linked to over 200,000 investor and lender profiles.
“The commercial real estate sector is seeing substantial transformation driven by several factors, including shifting consumer behaviors in work, lifestyle and travel accelerated by the pandemic, realignment in global supply chains, and the impact of climate change,” said Henry Fernandez, chairman and chief executive officer of MSCI. “The combined strength of MSCI’s existing data, analytics and tools, and the addition of Real Capital Analytics’ wealth of commercial real estate data and analytics, creates an unparalleled level of solutions for the real estate market. Investors will be better supported to access the opportunities that exist within this sector at scale, informed by industry-leading insights and the premier global database capturing the global commercial real estate footprint.”
“MSCI is a natural home for Real Capital Analytics, since our primary goal has always been to bridge the information gap between commercial real estate and other asset classes across the financial markets,” said Robert M. White, Jr., founder and president of Real Capital Analytics. “The combination of the two firms creates a powerful team that will lead innovation and analytics in the real estate asset class well into the future.”
