ATLANTA-In a move to improve efficiencies in their departmentsand companies, corporate real estate execs are collecting andanalyzing property data on many fronts. Environmental practices,however, are not actively benchmarked, and an industry standard isstill sorely lacking.

So say the results of a survey conducted by CoreNet Global andglobal real estate services firm DTZ. Michael Anderson, manager ofCoreNet Global’s Research & Knowledge Center, shared earlyresults with GlobeSt.com in an exclusive pre-release interview.

“This study confirmed what many of us already knew: You needproper benchmarks in place to justify reorganization,” Andersonsays. “With benchmarking, whether its facilities management orportfolio optimization, the longer and more efficiently youbenchmark, the greater the volume of data you have on which to basesound decisions.”

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.