Meanwhile, 71% of the executives had a No. 2 person, a realestate director or manager, working under them. That is a 10%increase from three years ago, the last time a comparable surveywas done, according to CoreNet Global.

"The corporate real estate profession, as we conclude from oursurvey, is healthy both in terms of overall compensation and inimportance to the organization," says CoreNet Global chiefexecutive officer Peggy Binzel. "These conclusions support CoreNetGlobal's position that the real estate function is becoming morestrategic and highly valued within major corporations as they seekto increase efficiencies and reduce overlap in the workplace."

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