Search Results for: real estate

Corporate real estate markets continue to improve worldwide, report claims

Corporate real estate markets continue to improve worldwide, report claims

global corporate real estateThere has been a further improvement in sentiment across the global corporate real estate market, according to the latest RICS Global Commercial Property Monitor. Respondents highlight a continued steady recovery, with the Americas and Europe leading the way. Importantly the improvement is being recorded on both the occupier and the investor sides of the market, reflecting improved macro-economic factors. Sentiment amongst both occupiers and investors continues to recover, consistent with the expectation of a sustained economic recovery from the pandemic.  The global sentiment reading for occupiers rose from -26% to -10%, whilst for investors it climbed from -10% to +1%. However, whilst forecasts for the global economy have strengthened, uncertainty remains over any future impacts of COVID following the upsurge in cases linked to Delta variant.

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Time to get real on what companies need from their real estate

Time to get real on what companies need from their real estate

A new era for real estateAs businesses return to their offices they are faced with a challenge – how do they reappraise their space requirements post-Covid? Social and technological advancements are changing real estate from being a fixed physical product, into flexible, employee-centric spaces that enable new models of hybrid working and business operations. These have a significant impact on the ways that businesses work and the options available to them. More →

Real Estate, HR and Technology leaders must collaborate to create a future of work fit for the 21st Century

Real Estate, HR and Technology leaders must collaborate to create a future of work fit for the 21st Century

An office that depicts the future of workHR leaders, heads of real estate and IT decision-makers have not always spent huge amounts of time working together – their roles and responsibilities have often been siloed. But in the new world of work, that’s all changing. These three groups of senior leaders are being asked to collaborate on one of the biggest challenges corporate occupiers, as they try to figure out when and how to return to office-based working and shape the future of work. Failure to collaborate will increase the probability of workplaces having low occupancy rates, low employee engagement and decreased productivity. More →

Global real estate CEOs plan for industry transformation

Global real estate CEOs plan for industry transformation

real estateThe real estate industry needs to transform to serve the needs of people and cities in the next decade, according to a new report released by the World Economic Forum. COVID-19 has revealed vulnerabilities throughout the real estate industry, ranging from indoor air quality problems to excess supply and accelerated underlying demand drivers, which need to be addressed for buildings and cities to be healthier, prosperous and more sustainable. More →

Real estate set to remain an attractive investment despite challenging environment

Real estate set to remain an attractive investment despite challenging environment

ULI PWC real estate reportEurope’s property leaders continue to have faith in real estate as an attractive option for investments, despite a number of significant political and economic challenges, according to the latest Emerging Trends in Real Estate Europe 2020 report. With interest rates set to stay lower for longer and bond yields in many European countries in negative territory, real estate income retains its broad appeal to investors, especially in comparison to other asset classes. Equity and debt are expected to remain plentiful for most real estate sectors. The report, published annually by the Urban Land Institute (ULI) and PwC, is based on the opinions of over 900 real estate professionals across Europe, including investors, developers, lenders, and advisers. More →

Real estate leaders continue to see the value of coworking

Real estate leaders continue to see the value of coworking

serviced offices and coworkingCushman & Wakefield has published a new report that looks at the perceptions held by corporate real estate executives about flexible workspaces and coworking. Cushman & Wakefield partnered with CoreNet Global to survey more than 550 key CRE executives at organisations around the world. More →

BT to dispose of 90 percent of real estate

BT to dispose of 90 percent of real estate

BT HQ in London real estateBT has announced that it plans to close more than 270 offices as part of a five-year programme to cut costs by around £1.5bn. The firm says it will retain 30 sites in its real estate portfolio, primarily those “containing modern, future-fit buildings, including corporate offices, contact centres and specialist sites”. BT has announced the first eight locations for its new consolidated offices as part of what it calls the “Better Workplace Programme”, which was first announced in May 2018. The offices will be located in London, Belfast, Cardiff, Edinburgh, Bristol, Birmingham, Manchester and Ipswich. More →

The impact of technology, cyber-risk and the future of corporate real estate

The impact of technology, cyber-risk and the future of corporate real estate 0

It’s no surprise to say that technology is having a significant impact on the workplace and the use of corporate real estate. The fast pace of change has seen technology impact all aspects of business, government and culture, as well as personal life, with a constant flow of new innovations and solutions helping us to do things more quickly and efficiently. Equally, technology also provides a challenge to business and, more specifically, corporate operations, with a whole array of disruptive technologies.

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Brexit, Brits and blending: what MIPIM told us about the state of corporate real estate

Brexit, Brits and blending: what MIPIM told us about the state of corporate real estate

Man watching fireworks display in MIPIM, CannesMIPIM celebrated its 30th anniversary during uncertain political and economic times, yet the mood was positive and even the backdrop of an impending Brexit decision failed to derail the UK contingent. However, the one thing missing from MIPIM in 2019 was British politicians. They were all back home, participating in decisive votes in the House of Commons as Parliament continued to kick the Brexit can down the road.

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People, not cost now most important factor behind corporate real estate decisions

People, not cost now most important factor behind corporate real estate decisions

 One Creechurch PlaceThe corporate appetite for flexible space continues to grow as around two-thirds of occupiers rank employee engagement (68 percent) and talent attraction & development (65 percent) as two of the three most important drivers of corporate real estate (CRE) strategy. According to the 2019 EMEA Occupier Survey by CBRE over a third of companies see labour and skills shortages as a key strategic challenge, double last year’s result. In line with last year’s survey, technology disruption (36 percent) economic uncertainty (43 percent) and cost escalation (31 percent) all feature highly as key challenges for occupiers.

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RICS and CIBRE to publish new book on diversity in the real estate sector

RICS and CIBRE to publish new book on diversity in the real estate sector

RICS and CIBRE to publish new guide to diversity in real estate sectorRICS and CBRE have announced the publication of a new book: Managing Diversity and Inclusion in the Real Estate Sector, which will be launched at MIPIM 2019 in Cannes. Co-authored by real estate veterans, Amanda Clack, Head of Strategic Advisory at CBRE and Judith Gabler, Acting Managing Director, Europe for RICS, the book places diversity and inclusion (D&I) at the centre of successful real estate and construction organisations. The book provides guidance to, and most importantly actions for professionals in the sector who want to make D&I an inherent part of the culture of their organisation. The book aims to educate the real estate sector about what D&I entails and how a D&I strategy can be implemented to secure future success. It presents a practical and easy-to-read guide that can help organisations and their leaders engage with and apply this agenda to win the war for talent in real estate and construction. It seeks to be about action not words and help those in the sector #BeTheChange.

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London remains preferred destination for global corporate real estate investors

London remains preferred destination for global corporate real estate investors

London is still the world’s top destination for investment in commercial real estate despite ongoing uncertainty about Brexit, well above both Manhattan and Paris, the next two biggest markets, new research claims. Around£16.2 billion was invested in central London’s commercial offices in 2018 compared with £14.3 billion in Manhattan, £12.1 billion in Paris and £8.4 billion in Hong Kong, according to the analysis report from international real estate firm Knight Frank.

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