Commercial real estate data platform RSquare said its data solution, RA (RSquare Analytics), is spreading across the financial sector and moving beyond basic information to support investment decisions and risk management.
RSquare said RA has added new customers including Hyundai Capital, a specialty finance company, as adoption broadens across finance.
RA is now used by about 60 institutions, RSquare said, including major South Korean financial firms such as Samsung Securities, IGIS Asset Management, Koramco Asset Management and Hyundai Commercial, as well as global investors including GIC, DWS and PAG. RSquare said its cumulative customer base has surpassed 150 companies.
RSquare said its annual revenue topped 200 billion won last year and cumulative transaction volume reached 17 trillion won. The company said it strengthened its data edge by collecting building information through on-the-ground surveys, covering 300,000 buildings in South Korea and 100,000 in Southeast Asia, including Vietnam, for a total of 400,000 properties.
The company said it views the expansion as a signal of a shift toward a decision-making platform, noting that financial institutions are typically cautious about adopting new tools. RSquare said RA is being used in core workflows including investment review, asset management and risk management.
RSquare said RA’s strength is field-verified data. Dedicated staff visit buildings to gather information such as rents, vacancies and tenant details, then cross-check it with public data and in-house research and update it continuously, the company said.
The platform provides time-series data on key indicators including rents, vacancy rates, transaction prices, tenant mix, lease expirations and comparable deals. It also offers map-based location analysis, district comparisons and market-trend visualizations to support investment decisions.
In March, RSquare added a corporate analysis function that combines financial, corporate registry and disclosure information for 2.5 million companies. RSquare said the feature allows users to review corporate distribution by area, industry composition, revenue growth, employment changes and headquarters relocation trends, enabling more detailed analysis of office demand and shifts in industry.
RSquare said it is also expanding ESG data. RA plans to launch a green-building information service in the first half of the year that integrates building data for G-SEED and LEED certifications. RSquare said investors will be able to check global-standard sustainability data including projects by country, certification level and certification timing. “As green certification becomes a key benchmark for global capital’s investment decisions, we are expanding into infrastructure that supports sustainability decision-making,” the company said.
RSquare said commercial real estate data platforms are evolving beyond price information to cover urban economies, capital flows and ESG standards, shifting from building-only analysis to data-driven investing that also considers the companies inside buildings and future value.
Park Dae-gwang, head of RA planning, said corporate growth and relocation are key variables directly tied to office demand. “RA is evolving into a platform that combines corporate and real estate data, covering everything from market analysis to investment decision-making,” he said.
RSquare said it also plans to roll out a retail sales-based trade-area analysis service and an AI-based automated valuation model, or AVM, in the second half of the year.
* This article has been translated by AI.
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