Meanwhile, 71% of the executives had a No. 2 person, a real estate director or manager, working under them. That is a 10% increase from three years ago, the last time a comparable survey was done, according to CoreNet Global.
"The corporate real estate profession, as we conclude from our survey, is healthy both in terms of overall compensation and in importance to the organization," says CoreNet Global chief executive officer Peggy Binzel. "These conclusions support CoreNet Global's position that the real estate function is becoming more strategic and highly valued within major corporations as they seek to increase efficiencies and reduce overlap in the workplace."
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
