Why it matters
MSCI RCA is the closest thing to a CRE Bloomberg for deal data — sales volume, buyer/seller composition, capital flows, RCA CPPI. The high-level press release is free, but the depth (transaction comps, cross-border breakdowns, sector cap-rate series) requires a subscription.
How CRE teams consume it
Subscription-driven for the underlying data. Press release scrape covers headline volume. For most institutional desks, this is one of the highest-ROI paid subscriptions.
Caveats & limitations
Coverage skews toward deals $2.5M+; smaller-market and private-club deals are partial.
Use cases
- Investment sales benchmarking
- Transaction comps
- Capital-flow analysis
- Cross-border tracking