Property Funds Research acquired by Feri EuroRating Services to create a global leader in real estate funds research

Property Funds Research (PFR), the leading research and information business focused on the global real estate funds market, announced today that it has sold its trade to Feri EuroRating Services AG.

Feri EuroRating Services’ acquisition of Property Funds Research guarantees the quality and the objectivity of the unique PFR datasets and will provide the further improvement in the interactive Private Property group of products (UK, Europe and Global). The common goal is to develop a wide range of products and services in the industry.  It presents a unique opportunity for PFR to raise its profile within the German-speaking market, and also for Feri EuroRating Services to expand its services into the UK market.

Feri EuroRating Services AG is a leading European rating agency specialising in the investment market and product ratings, and one of the largest economic research and forecasting institutes in Europe. Feri’s research into real estate markets throughout the world is the foundation for the company’s analysis and ratings of direct property, property portfolios and indirect open-ended and closed-ended real estate funds and real estate companies. Feri is based in Bad Homburg, Germany, near Frankfurt, and has additional offices in London, Paris, and New York.

Property Funds Research, formerly branded Oxford Property Consultants (OPC), published the first dataset of European (and later global) unlisted property funds, and OPC’s investment arm was instrumental in creating one of the first property fund of fund vehicles.  OPC was sold to CBRE Investors in 2006. The current PFR management, Andrew Baum and Jane Fear, led the immediate buy back and re-branding of the information business in order to maintain its independence. 

Andrew Baum and Jane Fear, Chairman and Managing Director of Property Funds Research, said: “We are truly delighted to have finalised this merger of our business with Feri EuroRating Services.  We can expect to further improve the depth of our information resources, the quality of our service and the reach of our client base.”  Jane will continue to head up the business in the UK, supported by the existing PFR team.  Andrew will become a consultant and continue to be closely involved with the new business.

Dr. Helmut Knepel, Partner and Chairman of Feri EuroRating Services AG, said: “Through this relationship we will achieve both the geographical expansion of our core business and the deepening of our information and research resources.  We very much look forward to working with the Property Funds Research team.”

Feri EuroRating Services AG will operate the Property Funds Research business fromReading and London.