Green Street recently launched a European Sales comp system, according to a press release.
"As part of our mission to provide the most comprehensive commercial real estate intelligence to our clients, we're pleased to now offer top-quality European sales comps that deliver clarity and insights on market pricing," Kris Hoffman, Green Street's chief revenue officer, said. "Our unique transaction data is enhanced with our proprietary data/analytics and research, arming customers with the surrounding macro, sector and market context necessary to optimize decisions and maximize returns.”
The program will offer interactive mapping analytics and data for local transactions worth almost $5 million and more.
“Transaction data is meticulously verified and standardized for seamless European cross-border analysis, and further enriched with Green Street's market analytics, grades, yields, Commercial Property Price Indices (CPPIs), insights, research and more,” a recent press release reads.
The industries covered by the European Sales comp include office, residential, retail, industrial and lodging, among others. Green Street has now expanded the platform’s reach to various key European markets, including such as Germany, United Kingdom, France, Nordics and Italy.
"We are committed to aggressively investing in our global transaction and market data/analytics to continuously innovate and expand Green Street's powerful web platform of actionable intelligence,” Green Street Chief Product Officer John Guilfoy said. “European Sales Comps marks another exciting product launch that our clients can leverage to drive profitability in challenging and opportunistic markets."