In today’s hybrid work environment, employees are increasingly evaluating their commute time and its impact on their productivity and well-being.

Tim Venable, SVP of Research and Knowledge at CoreNet Global sits down with Michele Penaranda, VP at Preferred Office Network, and discusses trends in how companies are using traditional real estate and flexible workspace.

Axios reported that Target has mandated for 2024 that its local but remote Minneapolis headquarters-based employees must report back into the office to work on a quarterly basis.

Canadian digital asset and fintech investment firm Fineqia International announced this week that it is considering a headquarters move out of Vancouver, British Columbia where it is now located.

Reducing the amount of energy that buildings use is pivotal to shrinking real estate’s carbon footprint, which currently accounts for around 40% of all global emissions.

Readers and followers of CoreNet Global research since the beginning of the pandemic have long known that the nine to five, five-day work week is over and not to return. CNBC this week confirmed that finding, and also reported that having all employees work remotely is not a model that many companies are currently adopting.

Remote work has reminded many of us that people desire human connection and a shared workplace experience. It’s the in-person interaction and connection that promotes deeper relationships, builds community, trust, and mentorship, and reinforces an organization’s shared purpose and culture.

Worldpay, a global leader in payment processing, will reestablish a corporate headquarters in Cincinnati, bringing with it 500 jobs and an annual payroll of $56 million according to press reports.

Operations and facilities leaders are looking for better, smarter ways to make use of their real estate space. The days of traditional office spaces are long gone, and organizations across industries are moving to more common spaces, and fewer individual spaces.

From our Total Cost of Occupancy Thought Leader Partner, CBRE. Many companies and their employees remain out of sync on the amount of time workers should be in the office, according to a CBRE and CoreNet Global survey of 235 corporate real estate professionals. This finding makes it readily apparent that companies must do a better job of aligning the anticipated benefit of the office with the employee experience and building a culture and workplace that supports that value proposition

Transactions provide an opportunity to think strategically about outsourcing agreements across a company’s corporate real estate footprint.

Trying to look past a scandal-plagued market slump, cryptocurrency advocates are saying we’re at the start of a bull run.