It’s looking better all the time…

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 My 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 0.7434 -0.0002 -0.03%
AUD 0.9363 -0.0022 -0.23%
EUR 0.6593 -0.0020 -0.30%
GBP 0.4929 -0.0001 -0.02%
HKD 5.7623 -0.0018 -0.03%
JPY 87.7020 -0.4590 -0.52%

Commods

Commodity Price Change Time
Gold Index 1279.4 -13.200 2015-01-26T00:
Oil Brent 49.4 -0.560 2015-01-26T00:
Oil Nymex 45.1 -0.410 2015-01-26T00:
Silver Index 18.0 -0.320 2015-01-26T00:

Indices

Symbol Open High Last %
NZX 50 5698.7 5737.7 5698.7 0.69%
NASDAQ 4752.4 4774.2 4757.9 0.29%
DAX 10785.9 10810.6 10798.3 -1.07%
DJI 17668.1 17696.4 17672.6 0.03%
FTSE 6852.4 6865.0 6852.4 -0.45%
HKSE 24995.1 24995.1 24909.9 -0.41%
NI225 17649.4 17768.4 17468.5 1.72%