China Index Academy Announces Agreement with Real Capital Analytics to Enhance RCA’s Commercial Property Transaction Coverage
New York and Beijing – October 3, 2012 – China Index Academy (CIA), China’s largest independent property research organization and Real Capital Analytics, Inc. (RCA) announced today that they have entered into a license agreement, whereby CIA will become one of RCA’s data partners to provide more international exposure to the Chinese commercial real estate market.
Since its setup in 2004, CIA has provided comprehensive and accurate property/land data in a timely manner and generated key market insights for its valued customers. Currently, CIA’s experienced research teams cover real-time transaction data in 300 cities across China. CIA is an affiliate of SouFun Holdings Limited.
SouFun Holdings Limited (NYSE: SFUN) is the leading real estate internet portal and home furnishing and improvement website in China. Through its website, Soufun currently provides marketing, listing and other value-added services and products for China's fast-growing real estate and home furnishing and improvement sectors.
“I am very pleased to announce that China Index Academy and Real Capital Analytics have entered into a major partnership today” said Vincent Mo, Executive Chairman of SouFun and President of CIA. “Working with RCA, the industry’s leading global provider of commercial property data, surely will enhance the CIA reputation globally and we believe a fine and strong data partnership can be built."
Regarded as the industry’s leading global provider of commercial property data, RCA provides its clients accurate and timely market intelligence on the capital environment for commercial real estate. The partnership will serve to enhance RCA’s ability to track commercial property activity in China, the world’s fastest developing market, and further strengthen its reputation as the leading global provider of commercial property information. Taking advantage of RCA’s worldwide network, China Index Academy will be able to provide current and reliable information on market dynamics for international customers who follow the Chinese commercial real estate market.
“We are very honored to partner with China Index Academy as we have a great deal of respect for CIA as one of the largest real estate research organizations in the world,” said Robert White, RCA Founder and President. “China is an extremely important investment market for RCA’s institutional client base and the capital flows into and out of it have become influential on property markets globally.”
About China Index Academy
China Index Academy (CIA) is one of China’s largest property research organizations, which was integrated in 2004 with a number of Chinese research resources, such as China Real Estate Index System (CREIS), Soufun Research Institute, China Villa Index System and China Real Estate Top 10 Research Team. For more information, visit http://fdc.soufun.com/CRED/Englishpage/EnglishIndex.aspx
About Real Capital Analytics, Inc. Real Capital Analytics, Inc. is a global research firm based in New York City. The firm's proprietary research is focused exclusively on the investment market for commercial real estate. Within that arena, Real Capital Analytics offers the most in-depth, comprehensive and current information of property investment activity. In addition to collecting transactional information for property sales and financings, RCA interprets data such as yields, pricing and sales volume, and quantifies the market forces that affect the liquidity of commercial real estate around the world. The firm publishes a series of Capital Trend reports and offers an online service that provides current transactional information for all markets globally. For more information, visit http://www.rcanalytics.com.