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Pressure Likely to Remain on CRE Through Recovery
While the recession resulted in increased pressure on corporate real estate (CRE) teams, that likely won't ease as recovery gains traction.
As economic recovery progresses, will pressure from executive leadership lessen on CRE teams? How will this affect the market?
 

Stuart Hicks, President, Strategic Clients and Chairman of Jones Lang LaSalle’s Global Corporate Solutions Board, Jones Lang LaSalle
Margin creation/preservation and the search for opportunities to create shareholder value is a theme we expect to remain constant looking forward through periods of contraction and expansion. As such, while some breathing room may exist with respect to the timing expectations associated with the delivery of value, we do not see too much relief in the pressure valve looking towards the future. In fact, some data suggests there are growing expectations for CRE to drive increasing levels of value in a technology enabled environment where executives have a better line of sight into the cost of the business footprint and cost of occupancy.
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