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.”


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 0.7195 0.0004 0.06%
AUD 0.9371 -0.0006 -0.06%
EUR 0.6804 -0.0009 -0.13%
GBP 0.5790 -0.0009 -0.16%
HKD 5.5839 0.0030 0.05%
JPY 80.6160 -0.0210 -0.03%

Commods

Commodity Price Change Time
Gold Index 1258.3 7.630 2017-02-24T00:
Oil Brent 56.3 -0.650 2017-02-24T00:
Oil Nymex 54.0 -0.500 2017-02-24T00:
Silver Index 18.3 0.220 2017-02-24T00:

Indices

Symbol Open High Last %
NZX 50 7065.6 7091.2 7058.6 0.29%
NASDAQ 5802.3 5845.3 5835.5 0.17%
DAX 11920.9 11934.6 11947.8 -1.20%
DJI 20751.9 20821.8 20810.3 0.05%
FTSE 7271.4 7271.9 7271.4 -0.38%
HKSE 23941.8 24067.7 23965.7 0.08%
NI225 19130.5 19179.0 19283.5 -0.66%
ASX 5739.0 5743.5 5739.0 -0.26%