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Vinay Kakka

Vinay Kakka

Associate, MSCI Research

Vinay Kakka is on the index-management research team, responsible for maintaining the quality of real-asset indexes. He is also a lead author of MSCI’s research report on private-real-estate valuation and sales prices. Vinay holds a bachelor's degree in management studies from the University of Mumbai.

Research and Insights

Articles by Vinay Kakka

    Private Real Estate Valuation and Sale Price Comparison 2022

    Research Report | Aug 2, 2023 | Girish Walvekar, Vinay Kakka

    Investment performance is measured using transaction prices in most asset classes. But real estate is illiquid and heterogeneous, so valuations and sales prices can differ. Our annual report compares valuations and sale prices in global real estate. 

    Private Real Estate: Valuations and Sale Price Comparison Report 2019 Results

    Research Report | Jun 28, 2019 | Vinay Kakka, Girish Walvekar

    For mainstream financial asset classes, investment performance measurement is based on transaction prices. In contrast, direct real estate is well known for being an illiquid and heterogeneous asset class, making the establishment of purely price-based indexes problematic. In order to overcome these obstacles, MSCI’s private real estate indexes are constructed on the basis of professionally sourced open market valuations, i.e., price estimates based on a set of market process assumptions...