It’s looking better all the time…

Free audio stream, including stories that are padlocked on our site. Listen on any device, anywhere. Updated twice daily. The audio stream takes several seconds to start on Android devices.

Launch Radio player

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.”


Got a question about this story? Leave it in Comments & Questions below.

This article is tagged with the following keywords. Find out more about MyNBR Tags

Comments & Questions

Commenter icon key: Subscriber Verified

Post New comment or question

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

NZ Market Snapshot

Forex

Sym Price Change
USD 0.6471 -0.0007 -0.11%
AUD 0.9032 0.0007 0.08%
EUR 0.5747 -0.0014 -0.24%
GBP 0.4192 -0.0011 -0.26%
HKD 5.0158 -0.0049 -0.10%
JPY 78.2580 -0.1540 -0.20%

Commods

Commodity Price Change Time
Gold Index 1124.6 -0.390 2015-08-27T00:
Oil Brent 47.6 4.420 2015-08-27T00:
Oil Nymex 42.6 4.310 2015-08-27T00:
Silver Index 14.4 0.380 2015-08-27T00:

Indices

Symbol Open High Last %
NZX 50 5634.9 5688.3 5634.9 0.63%
NASDAQ 4761.1 4818.7 4697.5 2.45%
DAX 10335.9 10336.9 10315.6 0.08%
DJI 16285.5 16666.7 16285.5 2.27%
FTSE 6192.0 6221.3 6192.0 0.31%
HKSE 22424.4 22424.4 21838.5 0.61%
NI225 18908.7 19192.8 18574.4 3.03%