MSCI to acquire Real Capital Analytics for $950m

MSCI to acquire Real Capital Analytics for $950m

MSCI Inc. said Monday that it has entered into a definitive agreement to acquire Real Capital Analytics (RCA) for $950 million in cash.

Founded in 2000, Real Capital Analytics is a private company and the data and analytics provider of the properties, transactions and participants that drive the commercial real estate capital markets globally.

MSCI said the acquisition will expand MSCI’s robust 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, enhancing MSCI’s commercial real estate capabilities,” said MSCI in a press release.

“We are delighted to announce the acquisition of Real Capital Analytics. 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. 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,” said Henry Fernandez, Chairman and Chief Executive Officer, MSCI.

Robert M White, Jr., Founder and President of Real Capital Analytics, commented: “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. 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.”