MSCI, a provider of investment decision support tools, has completed the acquisition of the Investment Property Databank (IPD).

MSCI, a provider of investment decision support tools, has completed the acquisition of the Investment Property Databank (IPD).

'The closing of the IPD acquisition marks a significant step forward in our ambition to provide investment decision support tools to institutional investors across all major asset classes,' said Henry Fernandez, chairman and CEO, MSCI Inc. 'The acquisition of IPD greatly expands our coverage of private markets globally by adding the largest provider of commercial real estate information, indices and analytics. We are excited to pursue the tremendous growth opportunities that IPD brings.'