Real estate information provider IPD ended 2011 on a strong note, with turnover up by 8.8% on the previous year at £30m, and net profits rising by 3.4% to £2.76m.
The financial report is the company’s second public release.
The company employs 340 people in 10 offices across the world, and produces services for 32 countries, with indexes for 25.
Managing director Laurent Ternisien (pictured) said: “Our databases hold performance data on one quarter of the world’s real estate, equivalent to the GDP of Spain or India. The industry demand for more information on leases, costs and income in existing markets measured by IPD contributed to the significant growth of our global databases, and led the development of our services throughout the year.”
sophia.furber@estatesgazette.com
