Global Trend #1: Higher Productivity Demands (1/5)
During the recession, CRE focused on short-term strategies to realize quick cost savings - essentially survival tactics. The experience made corporate executives more conscientious of their real estate portfolios. They continue to put pressure on CRE teams. These groups must strategize by bettering workplace efficiency, mobility, and productivity.
Next: Global Trend #2
Global Trend #2: Balancing Growth and Right-Sizing (2/5)
Growth pressures are returning in select geographies, typically in opaque real estate markets. Asia-Pacific growth is expected to be strongest, with China leading expansion. North America and Western Europe will experience flat or negative growth.
Next: Global Trend #3
Global Trend #3: Partnerships (3/5)
Partnerships will proliferate in the next three years with in-house teams working with outsourced real estate providers. Those already outsourcing all real estate functions will develop fewer - but stronger - relations with service providers.
Next: Global Trend #4
Global Trend #4: Reshaping CRE Structures (4/5)
CRE team restructuring is growing more urgent. Organizations expect to move towards centralization and establishment of core CRE teams. Businesses are locating CRE teams within greater support or shared service functions, led by professionals outside the real estate sector.