corporate real estate at the crossroads: australian cre trends overview
DESCRIPTION
Having been through some of the most challenging economic times in recent history, we believe corporate real estate (CRE) is at the crossroads. In a post-GFC environment, cost efficiency is here to stay and is viewed as business as usual. But today, the C-suite is asking CRE to shift the focus from cost to value creation, with CRE having to deliver on both sides of the cost vs value equation. ‘Corporate Real Estate at the Crossroads: Cost vs Value’ identifies four key strategies to deliver both cost savings and value creation.TRANSCRIPT
Corporate Real Estate at the Cross Roads Australian CRE Trends 2013
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1 global survey 636 responses 39 countries 5 CRE strategies
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636
39
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What has changed since 2010?
• A heightened degree of risk aversion in CRE
• Greater demand for short-term tactical strategies
• Increasing demand for longer-term focus on value creation
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Competing pressures from the C-suite
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Tactical demands Strategic demands
Four key strategies to deliver on both
CRE alignment
Driving productivity gains
CRE preparedness and barriers to success
Big data
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CRE alignment
Alignment of CRE to business strategy
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Alignment with internal business functions
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Driving productivity gains
Driving Productivity Gains
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Productivity Focus
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ASSET
WORKPLACE
PEOPLE
BUSINESS
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Preparedness and barriers to success
Preparedness to meet the demands of the C-Suite
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Constraints to meet the demands of the C-Suite
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Elevating the CRE function
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Big Data
Big data – ability to extract metrics
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Technology to elevate the role of CRE
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www.jll.com.au/creinsights
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