New York and DC!
With one click, New York (Long Island City) and Washington, DC (Crystal City in Northern Virginia) got a big delivery today.Read more
SURVEY SAYS!
Good news for providers of co-working spaces, and for the incredible amount of thought leadership that is present at our Global Summits.
Over the next five years, corporate real estate professionals are set to dramatically increase their use of co-working spaces to house employees, according to a survey conducted at the CoreNet Global Summit in Boston.
According to the results so far, the percentage of employees at respondents’ companies utilizing co-working has doubled over the past two years.
The survey was conducted by Cushman & Wakefield and CoreNet Global during the course of the three-day summit and was completed by more than 220 corporate real estate executives and industry service providers.
When asked what percentage of your global workforce are or will be using co-working on a regular basis, respondents indicated the following:
- Today: 11 percent
- In two years: 17 percent
- In five years: 23 percent
Three-fourths of the respondents said that a main benefit of utilizing co-working was the ability to ramp up or down a corporate real estate portfolio. Other benefits are reducing costs, attracting and retaining talent, communicating brand, and maximizing efficiency.
The survey has been covered in a number of news outlets, including the Puget Sound Business Journal, Bisnow, and Facility Executive Magazine.
Breaking News on Amazon’s HQ2
Breaking News from the Wall Street Journal:
Amazon Plans to Split HQ2 Evenly Between Two Cities
Surprise decision is driven by the need to recruit enough tech talent and to support Amazon’s growth
Amazon.com Inc. AMZN -1.99% plans to split its second headquarters evenly between two locations rather than picking one city for HQ2, according to a person familiar with the matter, a surprise decision that will spread the impact of a massive new office across two communities.
The driving force behind the decision to build two equal offices in addition to the company’s headquarters in Seattle is recruiting enough tech talent, according to the person familiar with the company’s plans. The move will also ease potential issues with housing, transit and other areas where adding tens of thousands of workers could cause problems.
Under the new plan, Amazon would split the workforce with 25,000 employees in each city, the person said.
Matthias Grimm Named Corporate Real Estate Executive of the Year
Matthias Grimm, Vice President, Head Global Real Estate & Facilities, SAP SE was named the Corporate Real Estate Executive of the Year. The award was presented at the CoreNet Global Summit, recently held in Boston, MA.
Chris Kelly Named H. Gordon Wyllie, MCR, Young Leader of the Year
Chris Kelly, Co-Founder, Convene, has received the H. Gordon Wyllie, MCR, Young Leader of the Year Award from CoreNet Global, the premier global association for corporate real estate executives. The award was presented during the association’s Global Summit recently held in Boston, MA.
Get Involved, Grow Your Network
Volunteering is a common trait of successful, happy people. Finding time to give back to others and to make new connections helps to improve not only the lives of others, but your own life as well. The benefits of volunteering are numerous and include:
- Making new friends and contacts
- Increasing your social and relationship skills
- Growing self-confidence
CoreNet Global Summit in Boston: Day Three, #MeToo
The CoreNet Global Summit in Boston wrapped up on Day Three with a special panel discussion with notable journalist Ronan Farrow and Tarana Burke, who is credited with launching the #MeToo movement that went viral and prompted a societal conversation around the world.Read more
CoreNet Global Summit in Boston: Day Two “Running”
Day two of the CoreNet Global Summit in Boston began with a lesson in taking risks and breaking boundaries.Read more
CoreNet Global Summit in Boston: Day One “You Are The Future”
CoreNet Global kicked off its North American Summit in Boston with a welcome from Boston Mayor Martin J. Walsh, updates from Chairman David Kamen, Chief Executive Officer Angela Cain, and an insightful presentation on the state of artificial intelligence and the impact of robots.
Here’s How A Mentor Can Help You MOVE UP in Record Time
George Conti has been a dedicated mentor since our test launch in Fall of 2017. Seeing that he’s witnessed the growth of the program firsthand, we were thrilled to take a moment to chat with him about his overall experience:
Buckle Up for the Belt and Road Initiative
The much-talked-about Belt and Road (B&R) initiative is a massive infrastructure and economic development plan put forward by Chinese President Xi Jinping. At an estimated investment cost of up to US$8 trillion, the initiative centers on connectivity and cooperation between China and Eurasian countries via the overland “Silk Road Economic Belt” and the oceangoing “Maritime Silk Road”.Read more
Privacy and the Future of Workplace
Guest blog post by Sam Sahni, Unispace
The Circle – a 2013 novel by Dave Eggers – is a dystopian glimpse into the future of working among the internet giants that currently dominate business. But it also carries a very definitive vision of the future of workplace from the eyes of the workforce, and it is far from complimentary.Read more