![]() ![]() Data, Technology and Analytics: CRE departments combine internal capabilities and service provider platforms to deliver portfolio analysis, operational reporting, CRM and more.New Skill Sets: CRE leaders are seeking new and different skills in response to the evolution of the workforce. The purpose of this study is to explain the contribution of Corporate Real Estate Management (CREM) to corporate success and to substantiate it empirically.It provides corporations with a productive environment to house. CRE Organizational Design: The lasting effects of the pandemic have spurred many CRE departments to reevaluate the team’s organizational structure, roles and responsibilities. Corporate real estate is the real property used by a company for its own operational purposes.Departmental Centralization: Centralization of portfolio responsibilities through CRE has become a standard industry practice.Approach to Budget Ownership: The pandemic is causing many CRE departments to reconsider their approach to budget ownership and associated business unit (BU) allocation methodologies.Business Unit Engagement: CRE leaders foresee an increased focus on client relationship management (CRM) and portfolio planning in 2021. Facilities Management (FM) and Corporate Real Estate Management (CREM) are two closely related and relatively new management disciplines with developing.Facilities management is the total management of all services that support the core business of. ![]() CRE’s Role Within Mergers & Acquisitions: A majority of CREs report early engagement in mergers and acquisitions. Certificate in Corporate Real Estate and Facilities Management.Reporting Structure: CFO remains the most common executive role into which CRE reports.Performance Metrics: CRE departments’ performance is generally measured through financial goals.Mission and Priorities: Health & safety now shares top billing with cost savings as a leading priority informing the CRE mission.This duty can fall to property managers, real estate portfolio managers, asset managers, and/or facility managers (FMs). It is important to manage CRE well for both day-to-day success and long-term planning. Corporate real estate (CRE) encompasses all the property owned by an organization. The results are particularly insightful, as many CRE teams around the world are seeking guidance on go-forward strategy and structure in 2021-in light of COVID-19’s long-term impact on the corporate workplace. Corporate real estate and facilities management. Corporate Real Estate Management describes the active, results-oriented strategic as well as operational management of real estate - regardless of whether it is operationally necessary or not. CBRE and CoreNet Global partnered to survey corporate real estate (CRE) leaders and gauge the evolution of CRE’s mission and purpose, explore how CRE departments are structured and document both emerging and established management practices. Corporate Real Estate 2 Published by: RICS, Parliament Square, London SW1P 3AD. Corporate Real Estate Management Author: 12 October 2021 1 min read Engl. ![]()
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