GlobeSt.com has published a survey conducted by CBRE that reveals corporate real estate is becoming more strategic.

Managing Global Corporate Real Estate & Facilities” is a survey report that’s part of the CBRE Institute CRE&F Management Series

GlobeSt. interviewed Karen Ellzey, Executive Managing Director of Consulting and Analytics for the firm’s Global Workplace Solutions group, to discuss its results and the evolution of occupier workplace strategies, who said “we’re taking note of where the corporate real estate and facilities executive sits within the corporate structure. We see that roughly half of the organizations place the CRE&F function within the CFO’s organization—either directly or indirectly. That definitely shows the quest to balance the effectiveness of the space with its efficiency across the portfolio.”

“Also, corporate real estate organizations are formalizing and engaging business-unit leaders more proactively and strategically. This is happening to help them shape location, portfolio, and workplace decisions that better support the business-unit requirements, whether it be access to talent or to customers, and do so in a way that’s most cost-effective.”