PPR acquired by Conn. firm. (Technology: Update).Property & Portfolio Research, LLC ("PPR PPR peste des petitis ruminants. ") of Boston, Mass. announces that its business has been acquired by DMG Information of Stamford, Conn., a subsidiary of the Daily Mail and General Trust Daily Mail and General Trust plc (DMGT) is one of the UK's largest media companies and has interests in national and regional newspapers, television and radio. While the majority of the company's activities are based in the UK, it does have worldwide operations. , a FTSE FTSE A company that specializes in index calculation. Although not part of a stock exchange, co-owners include the London Stock Exchange and the Financial Times. Notes: The FTSE is similar to Standard & Poor's in the United States. 100 London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. company. PPR is an independent commercial real estate research firm based in Boston and joins DMG Information's portfolio of real estate and risk related enterprises including: Environmental Data Resources Inc., EDR (Enhanced Data Rate) An acronym occasionally used to reflect an advancement in transmission or transfer speed. For example, Bluetooth 2.0 + EDR provides a dramatic increase in speed over the previous version. See Bluetooth. Landmark Information Group Ltd., and Risk Management Solutions, Inc. DMG Information's objective is to become the premier provider of property risk information to the commercial real estate industry. The acquisition of PPR further advances this strategy. Susan Hudson-Wilson, founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of PPR said; "This acquisition marks a milestone in PPR's growth. While we had accomplished a great deal on our own, we are now positioned to really accelerate the growth and fulfill the mission of the firm. We are great believers in the evolution of the real estate investment world towards more quantitative approaches to real estate analysis, tempered always with an appreciation for the uniqueness of individual real estate assets. We expect to co-venture some truly innovative information products with our sister firms and are pleased to be among them." Martin Morgan, CEO of DMG Information, said: "The acquisition of PPR will for the first time permit general market risks by property type and geographical area provided by PPR to be evaluated simultaneously with property specific risks provided by EDR. This will significantly enhance the overall risk management process in the commercial real estate industry." |
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