RREA Development Competition
The RREA Development Competition offers Rotman graduate students the opportunity to demonstrate their talents and skills to senior industry members through written and live oral presentations.
Teams of two to four Rotman graduate students have one week to devise a development program for a real, large-scale site in GTA.
UNLOCKING THE POSSIBILITIES
FROM SHOPPING CENTRES TO CITY CENTRES
Register by January 10, 2021
ABOUT THE SPONSOR
Founded in 1989, SmartCentres Real Estate Investment Trust is one of Canada’s largest fully integrated REITs, with a best-in-class portfolio featuring 166 strategically located properties in communities across the country. SmartCentres has $10.4 billion in assets and owns over 34.2 million square feet of income producing value-oriented retail space with 97.4% occupancy, on 3,500 acres of owned land across Canada.
SmartCentres continues to focus on enhancing the lives of Canadians by planning and developing complete, connected, mixed-use communities on its existing retail properties. A publicly announced $12.1 billion intensification program ($5.5 billion at SmartCentres’ share) represents the REIT’s current major development focus. This intensification program consists of rental apartments, condos, seniors’ residences and hotels, to be developed under the SmartLiving banner, and retail, office, and storage facilities, to be developed under the SmartCentres banner.
SmartCentres’ intensification program is expected to produce an additional 27.3 million square feet of space; all construction commencing within the next five years, 13.3 million square feet of which is already underway. From shopping centres to city centres, SmartCentres is uniquely positioned to reshape the Canadian urban and urban-suburban landscape.
Visit SmartCentres.com for more information.
MEET THE JURY
Peter Sweeney
Chief Financial Officer
SmartCentres REIT
Mauro Pambianchi
Chief Development Officer
SmartCentres REIT
Arzhang Beheshti
Vice President of Development Finance
SmartCentres REIT
Chris Caverson
Senior Director of Development
SmartCentres REIT
Robin Ramcharan
Director of Development
SmartCentres REIT
ELIGIBILITY
All Rotman graduate students are invited to participate in this competition. Each team can be composed of two to four graduate students. Your team must have a minimum of ONE RREA member to waive the $50 registration fee.
Current RREA executives, individuals who may present a conflict of interest as deemed by the RREA, and students from the 1st place winning team in past RREA case competitions are not eligible.
RREA reserves the right to disqualify teams and limit the number of teams that can participate in the competition.
COMPETITION DATES
December 21, 2020
January 7, 2021
January 10, 2021
January 13, 2021
January 14, 2021
January 17, 2021
January 18, 2021
January 19, 2021
January 20, 2021
Team registration opens
Case brief distributed through email
Team registration closes
Zoom Kick-off meeting at 6 pm (TBC)
Team questions due by 12 pm
Deadline for first-round submission due by 11:59 pm
Three finalist teams announced by 8 pm
Final presentation submission due by 11:59 pm
Final Zoom presentations at 6 pm and winners announced
PRIZES
1st Place:
2nd Place:
3rd Place:
$ 2,000
$ 1,000
$ 500
COMMUNICATION WITH RREA
Each team must designate one student member as the team leader who will act as a contact person with RREA.
Please note that because of the volume of requests, and in order to guarantee the standards of the competition, kindly address questions and comments to realesate@rotman.utoronto.ca.