This article is from the Australian Property Journal archive
REAL Capital Analytics has expanded its product in Australia and bolstered its office by appointing a dedicated team of local researchers.
RCA said the expanded product is the most comprehensive set of commercial real estate intelligence available in Australia on a single, integrated, user-friendly platform.
RCA president and founder Robert M. White, Jr. said the vastly expanded coverage offer provides critical intelligence for all Australian players, big and small, domestic, and foreign.
Facilitated in part by an exclusive arrangement with CoreLogic, RCA has dramatically lowered its threshold to $1 million (previously $6 million) for transactions, added construction projects from Cordell, and additional property details throughout the country, increasing the amount of available domestic data ninefold.
“We look forward to deepening our relationships in Australia and delivering on our longstanding reputation of having the most timely and reliable transaction data globally, and now locally.” White said.
Along with tracking commercial property transactions, a key component of RCA’s data is its Investor Universe, which includes detailed profiles on each player and provides visibility into the linkage of the true buyers and sellers.
The enhanced data allows users to gain insights into previously unquantified trends in Australia, providing a more complete picture of investments across the various real estate sectors. In a recent study, RCA was able to identify a 75% surge in transaction volume for medical offices and centres based on the depth and granularity of available data, which provides valuable intelligence for investors looking to gain exposure to the ever-growing healthcare sector.
The firm has also bolstered its local team with the appointment of Ado van Rensburg as sales director and Ben Martin-Henry will head up analytics.
“I am so honored and excited to be a part of this significant milestone in RCA’s 20-year history by spearheading the first location outside of the USA that exists to serve a single domestic focused market,” said David Metcalfe, regional director for Australia. “This represents RCA coming full circle to offer the best solutions we can to our clients for global and local data. Moreover, it is my hope that the local expertise and support offered by our team of analysts, researchers, and client relationship managers will prove an invaluable resource to our clients in Australia, both veteran and new.”
