What’s Changing? The Evolution of Global CRE Trends
What is the condition and direction of corporate real estate (CRE)? How can CRE professionals prepare for the future?
The role of CRE will be defined by many factors including the integration of CRE with other internal support functions, acceleration of CRE outsourcing, increasing strategic pressures on the CRE function, and the impact of new ‘shoring’ strategies.
The evolution of key CRE trends shape future decisions and real estate strategies. It is important to assess current CRE strategies to identify potential future risks and opportunities, and develop an improvement plan.
Many CRE professionals used JLL’s second biennial Global Corporate Real Estate Trends report to help plan their strategies. This report provided five key trends:
- Expectations and pressures build, heightening the risk of underperformance
- Increased demand is leading to faster-paced evolution of CRE outsourcing
- Workplace transformation is the key to unlocking worker productivity and optimizing portfolios
- CRE must become a collaborative change agent
- Failure to deliver in emerging markets will become one of CRE’s greatest reputational risks
Which of these trends helped you initiate a discourse with senior leadership about developing long-term strategies to address key CRE trends? Are these issues still relevant today? What do you think is on the horizon? Share your insight in the comments below.
Gain an unprecedented view into the current and future thinking of CRE executives spanning a seven-year period in this preview of JLL’s third biennial Global Corporate Real Estate Trends report based on the survey responses from more than 600 CRE executives worldwide at the CoreNet Global 2015 Asia-Pacific Summit in Hong Kong, 17-19 March.
For more details please visit www.corenetglobal.org/hongkong2015.