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Office vacancies climbed more than 5% in six of the top 25 US markets this year, according to CommercialEdge. Sale prices, meanwhile, dropped again, down 9% from the average price in 2023. Remote ...
In 2023, economist and telework expert Nicholas Bloom said about a third of all working days are remote, slashing corporate real estate expenditures, and up from 5% before the pandemic. [32] Bloom believes quickly progressing technology has facilitated and will continue the trend, but drawbacks for some kinds of positions will remain.
Corporate real estate is the real property held or used by a business enterprise or organization for its own operational purposes. A corporate real estate portfolio typically includes a corporate headquarters and a number of branch offices, and perhaps also various manufacturing and retail sites. [1]
Cushman & Wakefield is among the world's largest commercial real estate services firms, with revenues of US$9.5 billion in 2023. The company operates from approximately 400 offices in 60 countries, has around 52,000 employees and manages about 5,100 million sq ft (470 million m 2 ) of commercial space.
CoreNet Global is an American non-profit corporate real estate association based in Atlanta, Georgia.It represents executives in 50 countries who manage the real estate assets of large corporations; its members include half of the Forbes Global 2000.
Realtor.com is operated by the real estate network Move, Inc., [2] which is owned by News Corp. [3] Ryan O'Hara served as chief executive officer (CEO) of both realtor.com and Move until June 18, 2019. [4] Following the announcement of O'Hara's departure, News Corp's President of Global Digital Real Estate Tracey Fellows was named acting CEO in ...
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