Grants and Contributions:

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Title:

Tenant Experience Index

Agreement Number:

1010937

Agreement Value:

$17,495.00

Agreement Date:

Sep 5, 2023 - Jan 31, 2024

Description:

The Tenant Experience Index is a proprietary metric that quantifies the degree to which commercial property managers engage their tenants via building events, digital communications (e.g. e-newsletters), social media, property technology (proptech) platforms, and other tenant touch points. There is currently no way for property managers to measure the degree to which they engage their tenants; the ability to measure engagement is crucial, since tenant engagement is directly correlated with lease renewal rates and net effective rents, both of which are integral to a property manager's success. The Tenant Engagement Index ultimately allows property managers to determine the return on their investment in tenant experience.

Organization:

National Research Council Canada

Expected Results:

The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization

Location:

Toronto, Ontario, CA M5C 1C4

Reference Number:

172-2023-2024-Q3-1010937

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

725257307

Recipient Type:

For-profit organization

Recipient's Operating Name:

Tenex

Recipient's Legal Name:

THE TENEX GROUP INC.

Federal Riding Name:

Toronto Centre

Federal Riding Number:

35108

Program:

Industrial Research Assistance Program – Contributions to Firms

Program Purpose:

Coverage:

IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation.

NAICS Code:

511211