Solactive has acquired Dutch real estate and infrastructure index provider Global Property Research (GPR) as it looks to expand its offering.
As part of the deal, Solactive will acquire 100% of GPR from private bank Van Lanschot Kempen to harness the firm’s expertise in real estate and infrastructure to produce “cost-efficient benchmarks at scale”.
Given the sector’s importance to a greener economy, Solactive said it will produce ESG solutions alongside its traditional and tailor-made benchmarks.
Established in 1995, GPR provides property and infrastructure research to leading financial institutions and will look to capitalise on Solactive’s tech-driven infrastructure, scale and internal distribution capabilities.
GPR will continue to operate in the same manner and will continue to be based in Amsterdam, the firm said.
Steffen Scheuble, CEO of Solactive, commented: “Bringing aboard GPR’s specialist knowledge in listed real estate and infrastructure will allow us to expand our disruptive approach to new areas of the index ecosystem where clients can expect to see solutions carrying Solactive DNA: fast, flexible, and cost-efficient.”
Floris van Dorp managing director at GPR added: “Together with Solactive, leveraging its solid position as index provider and strong international distribution capabilities, GPR is convinced that it can grow the business to the next level and become the partner of choice in the field of listed real assets.”