Posted by: Lee Elliott, Corporate Research, Jones Lang LaSalle EMEA Research

Its 8pm on a barmy (as opposed to balmy) July evening in London.  As the rain hits the office window at a near 90 degree angle, I exit the first in a series of webinars being hosted by CoreNet Global to promote the findings of their CRE 2020 project.  The project, which Jones Lang LaSalle sponsors, aims to provide insight into the future direction of the corporate real estate function and follows on from a similar study undertaken a decade or so ago.  It’s an impressive and substantial piece of work, covering a broad range of themes, each with its own detailed report of findings.  You can find out more here.

Today’s first webinar instalment focused on the inter-relationship between corporate real estate and other business support services, such as HR, IT and finance.  The notion of greater collaboration between these functions has been a theme in the industry for a while now – indeed it was part of the findings from the previous study.  Such collaboration has become a reality for many particularly given the intense focus on workplace transformation and the obvious intersections with IT and HR teams this generates.  Yet till now most corporations have stopped short of a formal, merged organisation in which corporate real estate becomes but one essential component.

The key statement from today’s webinar is that this will change irreversibly over the next decade.  To find out more about how this trend will impact your role in the future, visit the Jones Lang LaSalle ‘From the Roof’ Blog to read my full blog post along with other real estate insights from across EMEA.

Lee

Posted by: Anne Thoraval, Head of Corporate Research, Jones Lang LaSalle, Asia Pacific

By the year 2020, employees considered ‘digital natives’ will be served by a super nucleus of real estate, human resources and technology services, while sophisticated data platforms will transform real estate portfolio optimisation, strategic planning and workplace management alike. These are some of the findings of the CoreNet Global study Corporate Real Estate 2020: The Future of Corporate Real Estate and the Workplace, a synthesis of view points from the top thinkers and strategists of the CRE world.

“The evolving transformation of CRE from cost centre to strategic asset comes alive in this research,” explains Jones Lang LaSalle Russ Howell, one of the project leaders. “Portfolio optimisation improvements and a renewed focus on using productivity and innovation-driven workplace strategies will be leveraged more frequently by corporations to achieve competitive success in the Year 2020. The C-Suite will increasingly turn to the CRE function as key strategic partners and stewards of the physical platform, to drive widespread transformation and total value creation.”

Visit the Jones Lang LaSalle ‘Real Talk’ Blog to read my full post about this transformative research project along with other real estate insights from Asia Pacific!

Anne