NCREIF, Altus Group partner on new data platform
NCREIF is renowned for its historical real estate performance data. The Altus Group has developed a strong reputation for its forward-looking valuation data. Together, the organizations believe they have created the best package of attribution analysis products in the real estate business.
The collaboration between the two organizations has been months in the making, and the resulting suite of analytical tools was publicly announced at NCREIF’s fall conference in Atlanta, and via a joint statement released Nov. 5.
The parties say the new data platform will allow investors and managers to better analyze historical and real-time commercial real estate information collected exclusively by both organizations. The first application will be an attribution product tailored to U.S. asset and investment managers. The attribution analysis application is expected to substantially improve the real estate investment industry’s examination and reporting of complex