Matthew Richardson

Income Analytics launches risk indices and ten-year forecast for commercial real estate market




Income Analytics has announced the launch of its tenant income risk indices and benchmarks for the commercial real estate market.

The set of indicators for quantifying real estate income risk will use data on over 355 million global companies from leading global provider of business decisioning data and analytics, Dun & Bradstreet.
 
Income Analytics’ reports and dashboard incorporate new proprietary analytical tools and scoring (INCAN scores) alongside the existing credit report data including: 
  • 10-year tenant income risk forecast
  • Global tenant scores
  • Bond equivalent ratings
  • Global corporate family tree
 
Maxwell James, chairman of Income Analytics, stated that the insights these measures brought were already resulting in better informed investment decisions by existing clients.
 
“The application of these analytical methods offers the potential for investors and lenders to greatly enhance transparency and risk appraisal of portfolios or loan books at this critical time,” he added.
 
Edgar Randall, commercial director for UK & Ireland at Dun & Bradstreet, said the company was delighted to be partnering with Income Analytics to provide commercial data and analytics that support innovation and digital transformation across the real estate industry. 
 
“Our aim is to provide a comprehensive risk solution for commercial real estate teams by combining our data with Income Analytics’ expertise and new platform to deliver actionable insights to drive business performance.”
 
Matthew Richardson, co-founder and chief executive officer of Income Analytics (pictured above) commented:
 
“No industry specific product for investors and lenders to assess and monitor the changing quality of their tenant income over time currently exists. More worrying is that very little has changed since the sub-prime crisis of 2008 and the recent global crisis caused by coronavirus makes the need to access accurate and current income data more important than ever before.
 
“Our aim is to provide the real estate industry with a critical tool in which to assist investment decisions and investor reporting.”
 
PropTech company Income Analytics was launched in 2019 with the goal of enabling real estate professionals, investors and lenders to receive real time analysis of underlying tenants’ creditworthiness and appraise anticipated future performance and ultimate likelihood of default.
 
It provides a range of tools comprising:
  • tenant credit reports – including identification checks, quality of covenant and probability of default along with the usual company financials;
  • asset level credit reports – including aggregated income stream analysis and assessment of probability of loss; and
  • portfolio income manager – a platform to view and monitor the financial health of existing tenant and portfolio income quality 24/7

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