CoreLogic_LogoReed Business Information Ltd, part of RELX Group, has announced that it has sold the entire issued share capital of Cordell Information Pty Limited in Australia to CoreLogic, Inc.

CoreLogic is a leading international provider of consumer, financial and property information, analytics and services to business and government.  In Australia, CoreLogic acquired RP Data in early 2011, which now does business as CoreLogic RP Data.

Dominic Feltham, Chief Executive Officer of Reed Business Information, said: “I believe CoreLogic will provide Cordell with the additional expertise and support they need to continue to succeed. Cordell’s timely, reliable and accurate solutions for the construction sector will be enhanced by the focus of CoreLogic and capability going forward.  I’m confident it’s a winning combination.”

About: Cordell Information is the leading authority on project activity and building cost information in Australia. This information is used extensively in a wide range of industries including building, property and insurance by a variety of professionals who appreciate the value of reliable, timely and comprehensive information.

Source: mediacentre