EUROPE - Investment Property Databank (IPD) and Experian Business Strategies have launched a joint property information service in a bid to provide analysts with up-to-date and comprehensive information on European real estate investment.

The service, named R€MIT (Real Estate Market Information Tool), seeks to enable property analysts to conduct comparative studies across European countries and base their investment decisions on current yields and economic forecasts.

R€MIT integrates IPD’s historical regional property market data with Experian’s historic regional economic data. This incorporates all levels – national, regional and sub-regional, for 152 regions in seven countries including Denmark, France, Germany, Ireland, Netherlands, Sweden and the UK.

Mark Callender, research director of IPD, comments: "R€MIT offers clients a seamless way of getting consistent economic and property market data across countries and regions. From our long experience, we believe that it will prove popular with users who are looking for quality data in an easy to use format."