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Developing a Treasure Trove of Retail Real Estate Data A Presentation for A Presentation for NCREIF Research Leadership Summit NCREIF Research Leadership Summit Fairmont Hotel, Chicago, Illinois Fairmont Hotel, Chicago, Illinois September 19, 2013 September 19, 2013 Michael P. Niemira 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]

Developing a Treasure Trove of Retail Real Estate Data A Presentation for NCREIF Research Leadership Summit Fairmont Hotel, Chicago, Illinois September

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Developing a Treasure Trove of Retail Real Estate Data

A Presentation for A Presentation for NCREIF Research Leadership SummitNCREIF Research Leadership Summit

Fairmont Hotel, Chicago, IllinoisFairmont Hotel, Chicago, Illinois

September 19, 2013September 19, 2013

Michael P. NiemiraMichael P. NiemiraVice President, Chief Economist & Director of Research

International Council of Shopping Centers1221 Avenue of the Americas, 41st Floor

New York, New York [email protected]

                               

                               

                               

                               

                               

International Council of Shopping CentersInternational 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 DataRetail Real Estate DataRetail Real Estate DataRetail 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 Collecting and disseminating information pertaining to the information pertaining to the

shopping-center industry, shopping-center industry, including statistical data and including statistical data and other statistical research.”other statistical research.”

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Members have access

to ICSC’s statistical

database of over 12,000

industry statistics and

about 400 tables and

charts

eData transitioning to

QuickStats

http://www.icsc.org/research/edataLocation

“A” “B”

Open Access to Sections Denoted as “A” and “B” – View What is Available

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Entering the Data Facility…Entering the Data Facility…

“A”

“B”

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Typical Table Output…Typical Table Output…

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Selecting Series…Selecting Series…

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Typical Series Output…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 DatabaseRange of Statistics Currently in the Database

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Range of Statistics Currently in the DatabaseRange of Statistics Currently in the Database

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Range of Statistics Currently in the DatabaseRange of Statistics Currently in the Database

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Regions Covered in the ICSC DatabaseRegions Covered in the ICSC Database

United StatesUnited States

CanadaCanada

EuropeEurope

Asia-PacificAsia-Pacific

All Other GlobalAll Other Global

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ICSC BenchmarkingICSC 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 ProjectICSC-Trepp Projecthttp://www.trepp.com/centerbenchmarks/survey-overview/http://www.trepp.com/centerbenchmarks/survey-overview/

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ICSC-RCA GSCD ProjectICSC-RCA GSCD Projecthttp://www.icsc.org/directories/global-shopping-center-directoryhttp://www.icsc.org/directories/global-shopping-center-directory

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Converging ProjectsConverging ProjectsConverging ProjectsConverging Projects

• Classification of Centers (Software Being Redeveloped)

• ICSC-Trepp Performance Benchmarking

• ICSC-RCA GSCD Stock Benchmarking

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