RP Data rebranded as CoreLogic in Asia-Pacific push

The real estate information provider RP Data has been rebranded as CoreLogic.

The CoreLogic president, Anand Nallathambi, says the Australian business was the “cornerstone” of the US-based company’s strategy to extend services across Asia-Pacific.

CoreLogic Asia CEO Graham Mirabito, who has been increasingly visiting China, said they now take on the brand name of the largest property data and analytics provider in the world.

The RP Data name will be retained as a product brand for its residential property system used by 120,000 finance and property professionals. However, their new website will be hosted at corelogic.com.au.

CoreLogic took a 40% equity interest in RP Data in 2006, floating the combined entity at the end of the year. In 2011 CoreLogic took full ownership.

Formerly, the information solutions group of The First American Corporation, CoreLogic began trading under the ticker CLGX on the NYSE on June 2, 2010.

The company, headquartered in Santa Ana, California, has more than 10,000 employees globally.

Its consolidated operating revenues were US$1,330.6 million (A$1,557 million) for the year ended 31 December, 2013, an increase of US$95.2 million (A$111 million), or 7.7%, when compared to 2012.