Property by the numbers
The Property Council bolsters its research offerings, as it launches Australia’s largest source of economic and property data, and signs a new partnership with global provider of analysis tools, MSCI.
Officially launched today, the Property Council’s new Data Room provides more than 80 data sets across 12 categories – and is freely available online.
“We’ve opened the doors to Australia’s most comprehensive economic and property-related data,” says the Property Council’s national research manager, John Nguyen.
“Everything from stamp duty costs to sustainability, vacancy rates to unemployment rates are now at the industry’s fingertips.”
The Data Room includes global, national and state-level economic statistics, information on government taxes, infrastructure expenditure and more. It features occupancy rates, returns and values across all sectors of the industry, as well as details of sustainability ratings and foreign investment sources.
Meanwhile, the Property Council and MSCI, a global provider of investment analysis tools, have confirmed a new decade-long partnership to deliver the Property Council of Australia/IPD Australia Quarterly Property Index.
Australia’s leading and most credible direct property index was established by the Property Council in 1984.
MSCI’s Maarten Broek says the Index is an essential part of his company’s suite of research-based indexes and analytics.
‘The index database is comprised of property assets with a combined asset value of $176 billion representing 1,400 assets,” he says.
Index participants include real estate investment trusts, unlisted wholesale property funds, unlisted retail property funds, property syndicates, private investors and the public sector.
The Index details total return, income return and capital return for office, retail, industrial and other sectors on a quarterly basis.
The Property Council’s chief executive Ken Morrison says the Index has “been a vital tool in assessing the performance of Australian property”.