Commercial property owners, managers and tenants expect better economic conditions in six months.
CBRE has published its first Corporate Real Estate Expectations Survey.
The survey examined expectations of commercial property service providers and end users on business prospects, workplace issues and real estate strategies:
- 67% of respondents see improving conditions over the next six months.
- 85% of service providers are more optimistic about their foreseeable future.
- 78% of respondents indicate hiring intentions over the next six months.
- 33% of respondents are interested in relocating over the next six to 12 months.
In the report, Zoltan Moricz, CBRE’s senior director of research and consulting, says “the survey shows the increasing focus by corporations to use real estate to enhance business productivity and support their core business goals".
“As economic forecasts anticipate a cautious but continuous business improvement, companies are tending to be more positive towards their own business prospects.
“In the aftermath of the recession, the roles of corporate real estate personnel have shifted to a more strategic asset management in order to highlight the cost to occupy, enhance productivity and support core business goals.”
This article is tagged with the following keywords. Find out more about MyNBR Tags
Most listened to
- Tim Hunter on why Veritas is doing it the hard way
- Matthew Hooton on whether Steven Joyce will be the next national leader
- Rodney Hide on why all city planners should be fired
- Nevil Gibson discusses his latest Editor's Insight on films
- The NBR crew throw around some of the week's top stories
- Rob Hosking breaks down the political and economic week that was
- "A tragedy" - David Farrar on his disappointment with Simon Bridges
- New F&P product pipeline exciting, says Macquarie senior investment adviser Brad Gordon
- Taupo Motorsport Park executive director Tony Walker on the park's rebranding
- NZIER senior economist Christina Leung on why she does not think the OCR will hit 2%
- NBR's Cameron Officer talks about the NBR Car of the Year 2015
- John Barnett on Brewer: ‘Boy, has he got a bit to learn’