CoreNet Global and Colliers Release Results from Attendees at CoreNet Global Summit in Denver   

ATLANTA (January 26, 2024) – CoreNet Global, the global association for corporate real estate, and leading global commercial real estate services firm Colliers revealed that corporations are positioned to meet commitments on a wide range of goals, including net zero energy consumption, diversity, equity and inclusion issues, talent, and artificial intelligence. Furthermore, 2 in 3 corporate real estate professionals find that AI will have a positive impact on their business.

 "Our investment in AI has yielded some measurable benefits already, as one example in lease abstraction where we've cut cycle times by approximately 40%. Success like this fuels our dedication to further refining the use of AI and broadening its application,” shares Scott Nelson, Global CEO, Occupier Services at Colliers.

The findings showcase the views of corporate real estate professionals at the CoreNet Global Summit North America in Denver.

Detailed results on six questions are identified below.

• Sustainability: Is your company on track to deliver on its net zero corporate commitments?
  • Yes: 44.6%
  • Somewhat: 33.1%
  • Not sure: 14.6%
  • No: 7.7%
    
• Digital transformation: What is the anticipated impact of AI on your company’s business?
  • Positive impact: 65.3%
  • Unsure: 28.8%
  • No anticipated change: 4.5%
  • Negative impact: 1.4%
    
• Focus on growth: Is your company currently focused on and investing in business growth?
  • Confidently focused: 73.2%
  • We are somewhat focused: 23.3%
  • No, we are not focused: 2.4%
  • Not sure: 1.0%
    
• Talent: Does your company have the necessary talent to adapt successfully to the pace of technological (e.g., AI), business and social change in global industry?
  • Yes: 33%
  • Somewhat: 53.4%
  • No: 9.4%
  • Not sure: 4.2%
    
• Economic risks: To what extent have the current economic conditions impacted your company’s ability to deliver on its business strategy?
  • Negatively impacted: 54.3%
  • Not impacted: 20.1%
  • Positively impacted: 14.2%
  • Not sure: 11.4%
    
• Diversity, Equity & Inclusion: How successful is your company at delivering on DE&I objectives?
  • Somewhat successful: 47.8%
  • Successful: 43%
  • Unsure: 5.2%
  • Not successful: 4.2%

About Colliers:

Colliers is a leading diversified professional services and investment management company. With operations in 66 countries, our 19,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 28 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of approximately 20% for shareholders. With annual revenues of $4.5 billion and $98 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors and our people. Learn more at corporate.colliers.com, X @Colliers or LinkedIn.

About CoreNet Global:

CoreNet Global is a non-profit association, headquartered in Atlanta, Georgia (US), representing more than 10,000 members 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 46 local chapters and networking groups globally. For more information, please visit corenetglobal.org.