CHICAGO, March 7, 2011 /PRNewswire/ — Companies are increasing their demand for maximum productivity and smart growth, a shift from the focus on cost control that came with 36 months of turbulence in the corporate operating environment, according to the inaugural Jones Lang LaSalle and Thomson Reuters' Global Corporate Real Estate Survey. According to the report, as companies emerge from the global financial crisis they are seeking to restructure and plan for a new economic era, which is placing more pressure and scrutiny on the productive use of corporate real estate (CRE).
This presents a powerful opportunity for CRE teams to drive strategic change and bring added value to their wider businesses. CRE teams will be required to respond with greater agility, expediency and productivity, increasing their reliance on outsourced service providers.
The first-ever survey drew responses from more than 500 CRE executives across the globe, including China, India, Australia, UK, France, Germany and North America, and across a variety of industries, including banking and finance, pharmaceutical, government and IT. This is the firm's first global effort to formally identify the future challenges facing the CRE industry and the likely consequences over the next three years.
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