CoreNet Global is a non-profit association, headquartered in Atlanta, Georgia (US), representing almost 10,000 executives in 50 countries with strategic responsibility for the real estate assets of large corporations. The organization’s mission is to advance the practice of corporate real estate through professional development opportunities, publications, research, conferences, designations and networking in 47 local chapters globally.
Corporate real estate is the real property used by a company for its own operational purposes. It provides corporations with a productive environment to house employees, manufacture and distribute products and provide services to the market. Corporate real estate touches all classes of property, land and buildings such as office facilities, data centers, manufacturing facilities, logistic centers, corporate headquarters, distribution facilities, retail stores and hotels.
Corporate real estate executive members (end users/occupiers) who belong to CoreNet Global have strategic responsibility for their corporations’ total real estate footprint of owned and leased space. They are charged with anticipating and responding to a corporation’s property needs as a result of business growth, expansion or contraction. They are employed by a diverse mix of industries including high-tech, financial services, manufacturing, pharmaceutical, telecommunications, healthcare, insurance and oil and gas. They generally manage portfolios with millions of square feet property spanning multiple continents.
Virtually all corporate real estate departments partner with external service provider companies to deliver services needed to acquire, maintain and dispose of real estate. A broad range of corporate services are required to support the corporate real estate function, including but not limited to brokerage, site selection, architecture and interior design, lease administration, facilities management and technology platforms. Service providers along with economic developers also comprise a significant portion of the association’s membership.
Worldwide, companies and individuals consider CoreNet Global indispensable to the successful practice of corporate real estate.