London 2012

James Bond joins CoreNet?

Friday, November 2nd, 2012

Tom CarrollTom Carroll
Corporate Research
Jones Lang LaSalle EMEA Research

As the curtain drew on my first Global CoreNet summit in London I again reflected on the mood. I was impressed by the truly international nature of the Corporate real estate community that gathered in London. With such a range of representatives from the four corners of the globe – I sensed a pragmatic view of the mixture of challenges and opportunities facing corporate real estate teams as we edge towards 2013.

Change was a constant theme, as was adaptation. Rick Bertasi of Deutsche Bank and Martin Warlow started the trend with their insightful discussion of the extreme makeover CRE has seen at Deutsche Bank. Tom Donatelli at Pfizer gave a thought-provoking talk on balancing financial and strategic objectives in the Life Sciences sector. And Shelley Frost facilitated a lively and engaging session on the growing impact of procurement in CRE partner selection. It seems change will once again be the only constant for CRE teams as we move into the coming year.

The weird and wonderful highlight? Watching two unnamed female colleagues swoon at the sight (and aggressively seek a closer view) of Pierce Brosnan filming on the river bank opposite the event venue – a James Bond moment to cap an excellent summit in London.

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Outsourcing contracts that focus on quality, and not just cost, might reap greater dividends.

Wednesday, September 19th, 2012

Jan C. LaufsJan C. Laufs
Management Board Germany

Driving down costs is a dominant part of today’s corporate agenda and within the CRE domain it is ‘knocking on’ to extract as much cost efficiency as possible on leases, space utilisation, facilities management, energy consumption and so much more.

And having the same agenda, real estate services providers are continually optimising their own cost structures and efficiencies to offer highly competitive pricing. Yet there is a growing concern that outsourced services are being procured on a cost basis and nothing else, and decision-makers’ eyes are shooting straight to the bottom line of the contract pitch. Is it because service providers are perceived by CRE teams as looking, sounding and acting so similarly that they no longer have points of differentiation. Are we all the same?

We, of course, would disagree. Being even handed, service providers ‘are’ different, with greater and lesser qualities, and unique cultures. Importantly, our value is not in a corporate cost saved, but in the deep quality of expertise and experience – backed up with a considerable investment in people and technology – that can discover and extract opportunity, value and innovation in real estate that will support tomorrow’s winning businesses – whose success will be founded more on quality than cost.

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‘Transformation’ and ‘Extreme Makeovers’ are in the air.

Tuesday, September 18th, 2012

Tom CarrollTom Carroll
Corporate Research
Jones Lang LaSalle EMEA Research

This being my first CoreNet summit, I did wonder what the atmosphere would be like. Would it be conservative and preoccupied with ongoing economic anxieties and operating challenges? Or would it be excited and energized, and eager for a new phase of change and transformation in corporate real estate.

The programme certainly seems to focus on sharing solutions to the many challenges that have been thrown at the CRE executive in recent years. I’m particularly looking forward to seeing how one of the sectors most impacted by operating turbulence and change – Financial Services – has adapted, at two great-looking sessions. One of them being the ‘Extreme Makeover’ on Tuesday!

I’m expecting the workplace to be a huge theme. With many firms having ‘dug deep’ and extracted a lot of the obvious cost from portfolios, more significant moves will be needed to drive productivity and performance – not only from real estate – but people too. Our latest Research report assesses some of the behavioural changes CRE leaders will need to embrace as part of this shift, and I’m keen to hear the views of the wider industry on how this debate is moving.

I look forward to reporting back on the overall mood tomorrow – not to mention the results of my ‘Extreme Makeover’.

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Excitement levels are mounting for the start of the CoreNet Summit

Monday, September 17th, 2012

Shelley FrostShelley Frost
Director – Corporate Solutions UK

Many of my colleagues and clients are arriving from around the world and there is always an added pressure to deliver a great conference when it is in your home city – particularly after London has done such a superb job as host for the Olympics, Paralympics and Diamond Jubilee celebrations.

I went to CoreNet in Singapore in March and will be in Orlando next month so I am always interested in experiencing the differences between the global summits. Will conversations be the same? Positive? Cautious? How will energy levels be?

The summit theme is ‘Reimagination’ and having done four trips to Asia this year I wonder if Europe and its slowing economies can host a summit that lives up to its title. I have two speaking sessions and I’m looking forward to an agenda that will produce ‘sparks’ – so we shall see….

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