The third installment in our Corporate Real Estate 2030 blog series explores the trends and innovations set to reshape the corporate real estate (CRE) profession. Building on CoreNet Global’s groundbreaking report, this series examines the bold predictions that will define how CRE evolves over the next decade.

As part of CoreNet Global’s comprehensive look at the world of corporate real estate in 2030, several bold forecasts predict what will happen in the area of Portfolio Management:

• By 2030, corporate real estate executives will take a “flex” mindset first regarding their portfolios. The portfolio will become more “on demand” supplying the types of curated spaces required to enhance team performance. The consumption of space will become fluid (e.g., the ‘Uberization’ of space), with supply and demand being much more aligned.
• By 2030, CRE will demand more flexibility of terms, and supply will meet those demands, driving change to capital markets.
• By 2030, the typical major corporation will have reduced its traditional office portfolio by 50 percent or more compared to 2020.
• By 2030, data usage and processing for port­folio decision making, including generative AI and quantum computing, will accelerate. Deci­sion makers will have access to much more data, and the decision-making group will include CRE but extend far beyond it.
• By 2030, what once were viewed as costly portfolio improvements that didn’t necessar­ily add value (e.g., wellness features, clean air in buildings) will be weighted more heavily in the calculus of what constitutes value because they will be proven to result in healthier employ­ees, fewer sick days, and greater productivity.
  

Read more about how these trends will make an impact on the practice of corporate real estate in 2030.