Commercial property research firm Real Capital Analytics has partnered with CB Richard Ellis Group Inc. to deliver global research data to the more than 30,000 employees associated with the worldwide commercial real estate services firm. The contract is “huge vote of confidence in the global product we recently launched,” Bob White, Real Capital founder and president, said in a release.
Real Capital is an independent firm that tracks sales of commercial property to analyze capital flows, investment trends and real estate prices in more than 80 countries. It tracks deals in the office, retail, industrial, multifamily, hotel and developable land sectors.
Real Capital’s recent Global Capital Trends report featured $503.7 billion in global commercial property sales for 2008. It also identified more than $82 billion of troubled assets that are being foreclosed.
Source: LA Business Journal
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