ICSC, Real Capital team to build shopping center directory

New York City The International Council of Shopping Centers said Tuesday that it has entered into an agreement with global research firm Real Capital Analytics to create a global database of shopping centers.

According to Michael Kercheval, ICSC president and CEO, the partnership will expand the association’s Global Shopping Center Directory coverage. “More importantly than ever, the global financial meltdown experienced over the last two years taught us a lesson that a better understanding of the industry’s global supply, demand and capital needs are crucial and this agreement with RCA is a step towards that objective,” added Kercheval.

RCA will transform the delivery of ICSC’s Global Shopping Center Directory and offer free baseline global shopping center data to ICSC members. RCA will also provide a discount to ICSC members for transaction information on global retail property offered by RCA.