Global real estate data: A shift towards specialist providers

Julia Swerdlow, Research Analyst (London)

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Disrupting the global real estate data market is challenging: time and resources are required to collate and standardise data from various countries with disparate reporting standards and regulations. As a result, we believe that investors looking for new alternatives to the big players in the space may find value in specialist providers focusing on specific regions and geographies. This piece provides an overview of incumbent global real estate data vendors and further aims to offer a non-exhaustive list of regional real estate data providers.

Despite several real estate data providers claiming to offer global coverage, their offerings tend to focus on the US and fail to offer granular coverage, if any, of a significant portion of the globe. As a result, the global real estate data market is relatively sparse, largely due to challenges in collecting data across different countries. We believe this gap in the market is becoming increasingly important as many US companies are expanding their infrastructure away from home, often due to climate change or internal political instability. For example, the Nordics have become a magnet for technology companies to build data centres due to the region’s naturally cooler climate (e.g. OpenAI’s Stargate Norway project, TikTok’s new data centre in Finland). According to Reuters, data centre electricity demand in Sweden, Norway and Denmark is expected to triple by 2030 (compared to global demand, which is expected to double by 2030).