Transcript Developing a Treasure Trove of Retail Real Estate Data

Developing a Treasure Trove of
Retail Real Estate Data
Michael P. Niemira
Vice President, Chief Economist & Director of Research
International Council of Shopping Centers
1221 Avenue of the Americas, 41st Floor
New York, New York 10020-1099
[email protected]
A Presentation for
NCREIF Research Leadership Summit
Fairmont Hotel, Chicago, Illinois
September 19, 2013
International Council of Shopping Centers
Founded in 1957, the International Council of Shopping
Centers (ICSC) is the global trade association of the
shopping-center industry. With over 60,000 members in the
U.S., Canada and more than 80 other countries, its
members include shopping-center owners, developers,
managers, marketing specialists, investors, lenders,
retailers and other professionals as well as academics and
public officials. As the global industry trade association,
ICSC links with more than 25 national and regional
shopping center councils throughout the world.
Retail Real Estate Data
• ICSC’s Mission Statement
• Member Database
• Performance Benchmarking
• Mall Sales
• Department Store Sales (Metro Markets)
• Factory Outlet Sales
• Chain Store Sales
• SCORE and Dollars and Cents/SCORE
• ICSC-Trepp Initiative
• Global Shopping-Center Directory (ICSC-Real Capital Analytics)
ICSC’s By-Laws Committed to Industry
Statistics … One of ICSC’s Missions is
“Collecting and disseminating
information pertaining to the
shopping-center industry,
including statistical data and
other statistical research.”
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Location
“A”
“B”
Open Access to Sections
Denoted as “A” and “B” –
View What is Available
http://www.icsc.org/research/edata
Members
have access
to ICSC’s
statistical
database of
over 12,000
industry
statistics and
about 400
tables and
charts
eData
transitioning to
QuickStats
2
Entering the Data Facility…
“B”
“A”
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Typical Table Output…
4
Selecting Series…
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Typical Series Output…
Full documentation
followed by the data.
Different data
frequencies are put into
different tabs.
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Range of Statistics Currently in the Database
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Range of Statistics Currently in the Database
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Range of Statistics Currently in the Database
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Regions Covered in the ICSC Database
United States
Canada
Europe
Asia-Pacific
All Other Global
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ICSC Benchmarking
• Mall Sales – Collected for U.S. and Canada
• Department Store Sales (Metro Markets) – No Longer Collected
• Factory Outlet Sales – No Longer Collected
• Chain Store Sales
• SCORE then Dollars and Cents/SCORE – Superceded
• Trepp
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ICSC-Trepp Project
http://www.trepp.com/centerbenchmarks/survey-overview/
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ICSC-RCA GSCD Project
http://www.icsc.org/directories/global-shopping-center-directory
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Converging Projects
• Classification of Centers (Software Being Redeveloped)
• ICSC-Trepp Performance Benchmarking
• ICSC-RCA GSCD Stock Benchmarking
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