Talent

Facility Conundrum: Cut Costs, But Upgrade Workplace to Attract Talent

A new survey of corporate executives underscores a major shift in how companies are making real estate decisions today, with more than half saying that talent now trumps cost as the top strategic consideration involved.

Of the 229 executives surveyed by the CBRE Group, Inc., 50% named the availability of talent as their foremost consideration, while only 31% named real estate cost as a top factor.

People and workplace experience are dominating corporate real estate agendas, together with escalating costs, according to CBRE’s Americas Occupier Survey. Today, these are the two issues driving real estate conversations.

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