RioCan Real Estate Investment Trust, Canada
RioCan is Canada's largest real estate investment trust with total assets of over $3.2 billion consisting of ownership interests in a portfolio of 169 retail properties across Canada containing an aggregate of well over 26.5 million square feet of gross leasable area. RioCan derives about 78% of its gross revenue from national and anchor tenants, with no one tenant providing more than 6.3% of gross revenue. RioCan's largest tenant is Wal-Mart and 13.4% of RioCan's revenue is provided by food supermarkets. Talbot Consultants International Inc. were retained to prepare the 2003 leasing binder for all RioCan properties utilising the latest GIS mapping techniques and highlighting the key demographics. RioCan requested that the deliverables be a high quality GIS generated map for each of their 169 properties with two drive-time "trade areas" and a table detailing the following, both current & projected, for each band:
- Total Number of households
- Number of households with children
- Population
- Average household size
- Average age
- Disposable income
- Average household income
- Neigbourhood Lifecycle™ demographic clusters
(For more details on these projects and how we can help you, please contact us at info@talbotconsultants.com )
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