US Politics Will Affect Economy, Experts Say
In case you haven’t noticed, there’s been quite a bit of global political news lately, with impeachment, Iran and Brexit. And then there’s Megxit!Read more
European Logistics Trends: E-Commerce Boom Causing Labour Shortages and Changing Traditional Location Decisions
Guest blog by Guy Douetil, Managing Director, EMEA, HICKEY
Europe, along with many markets around the world, is currently experiencing massive labour shortages in distribution, primarily driven by the boom in E-Commerce and the increasing requirement for additional warehousing.Read more
Making the Business Case for Inclusivity
As movie director Spike Lee admitted he learned while onstage at the CoreNet Global Summit in California this fall, there is an important difference between diversity and inclusivity.Read more
Wildfires in Australia: What’s the Impact on Corporate Real Estate?
We’ve all seen the devastating images from Australia, where wildfires have burned some 10 million hectares (15.6 million acres), an area roughly the size of England. Some 28 people have lost their lives, including four firefighters. Countless millions of animals have been lost.
Has corporate real estate been affected?
Financial Incentives: Key Trends and Policy Changes
Guest blog by David Hickey, Managing Director, HICKEY
When a corporate real estate professional undertakes a major location decision, there are several critical factors to identify and evaluate. Among those leading components are credits and incentives, tools and resources from economic development entities, government agencies, and utilities enacted to support and recruit business investment and job creation. Read more
Changes in HR for 2020
With low unemployment and technology remodeling how we work and live, big changes are coming to the Human Resources function in 2020, according to Inc. Magazine:Read more
Real Estate Investment in Asia Pacific Is Strong
Real estate investment in Asia Pacific is outperforming other regions, according to a new report from JLL as reported in The Business Times.Read more
CoreNet Global Offers Several Mentoring Opportunities
January is National Mentoring Month – what better time to take advantage of a great CoreNet Global resource that pair mentors and mentees in corporate real estate?Read more
Millennial Parents
Seems we have just been getting used to the idea of millennials changing workplace patterns, and a new trend is emerging: the millennial parent.Read more
AI For Lease Abstraction: Success In The Making
Guest blog by, Rouben Alchoujian, Principal, Praedium Consulting
Commercial Real Estate’s slow tech adoption is a known fact, yet, things are changing, especially in corporate occupier portfolio management. CRE (Corporate Real Estate) is more about data and less about physical structures, so it is more likely to be open to innovation and new tech adoption than more traditional sectors of Commercial Real Estate. Artificial Intelligence, one of the most exciting and powerful tech disruptors, is already being used in legal documents review and, in particular, in abstracting Real Estate leases. For the past year this concept has been gaining popularity, and now appears to be moving from ‘early adopters’ to ‘early majority’ on the evolutionary curve. The benefits of its implementation are significant, and what’s equally important for deployment decisions, easily measurable.
Innovation Jobs Are Concentrated In A Few Cities
Boston, Seattle, San Diego, San Francisco and Silicon Valley are cornering the market on innovation jobs in the U.S., according a new report published in the New York Times.
The report is by Mark Muro and Jacob Whiton from the Brookings Institution’s Metropolitan Policy Program, and Rob Atkinson of the Information Technology and Innovation Foundation, a research group that gets funding from tech and telecom companies. They identified 13 “innovation industries” — which include aerospace, communications equipment production and chemical manufacturing — where at least 45 percent of the work force has degrees in science, tech, engineering or math, and where investments in research and development amount to at least $20,000 per worker.
Those five cities captured nine out of 10 jobs created in these industries from 2005 to 2017, according to the report.
The article raises the question of whether the country will be increasingly divided between the haves and the have-nots.
The authors argue that a broad federal push is needed to spread the business of invention beyond the 20 cities that dominate it. “Hoping for economic convergence to reassert itself would not be a good strategy,” Mr. Muro said.
And there are additional strategies that other regions can take, according to a recent report from the Information Technology and Innovation Foundation.
Workplace Design – An Introvert’s Perspective
Guest Blog By, Kyle Finney, Business Development, Interior Solutions
Are you an introvert, extrovert, or ambivert? Has anyone in your office ever asked which personality trait you identify with more? There is a case for acknowledging and implementing design solutions that address varying personality types – that effectively complement job functionality, productivity, and employee satisfaction. As a bit of a self-proclaimed ambivert, I find myself exploring the follow topics in great depth when thinking of workplace design:
- Designing workplaces for introverts
- Collaboration is not one size fits all
- Human connection