Risk and Resilience in the World of Corporate Real Estate in 2030
In the fourth installment in our Corporate Real Estate 2030 blog series, we explore the bold predictions shaping the future of the corporate real estate (CRE) profession. Drawing from CoreNet Global’s comprehensive report, this series delves into the insights and strategies leaders will need to thrive in 2030 and beyond.
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 areas of risk and resilience:
- By 2030, the real estate industry will emphasize resilience management instead of risk management, focusing on opportunities. Resilience will increase in value and importance because of the simple fact that corporations cannot manage or even identify every substantial risk they face.
- By 2030, CRE will have more powerful business continuity tools to manage and mitigate a wider range of risks (e.g., geopolitical, economic, supply chain, etc.). Predictive AI will be used to target resiliency efforts on the highest impact/probability events.
- By 2030, investors will demand enhanced risk management and compliance for the built environment via audits.
- By 2030, reputational risk (ethics, compliance, follow the money, etc.) will be substantially more important to corporations, with direct implications for corporations’ real estate footprint.
- By 2030, growing numbers of corporations will engage with cities in public-private partnerships and actively support communities and neighborhoods to help stave off urban decline and maintain safe, vibrant, and sustainable communities that provide an environment conducive for employees and their work-life balance.
We will continue to unpack these transformative trends and their impact on the CRE profession. Read more about how these trends will make an impact on the practice of corporate real estate in the CoreNet Global report, Corporate Real Estate 2030.