July 11th, 2016
Each week, I select a few articles that rise above the fray and hopefully help you on your journey in the CRE world. They pull from one of four “corners:” corporate real estate, technology, management science and anything positive. I welcome your comments on these articles and the submissions of others (with credit to you if I post them). I wish you a terrific week!
US Office Sector: Tenant Demand Showing Signs Of Cooling
“U.S. businesses have had many curveballs thrown at them this year – concerns over the health of China’s economy, equity market volatility, weak U.S. GDP growth, now Brexit – many reasons to at least tap the breaks on expansion plans,” Kevin Thorpe, Cushman & Wakefield’s Chief Economist said. “Moreover, at this maturing stage in the cycle, it is not uncommon to see job growth and absorption levels decelerate as the economy nears full employment. But overall, the office leasing fundamentals are holding up extremely well, and the secondary markets are really starting to hit their stride.” www.cushwake.com
“Overall, #office leasing fundamentals are holding up extremely well.” Kevin Thorpe @cushwake #creClick to tweet
The Future of CRE: An Executive Summary
“We as a profession could get a lot better at scenario planning,” pointing to the need to plan for multiple possible scenarios and update those plans regularly. CRE executives can also add value by being broadly “cycle aware” – paying attention to economic, business and real estate cycles. The C-Suite places a premium on flexibility and agility precisely because business conditions change rapidly, and there is much that CRE can do to support
this imperative.” www.corenetglobal.org
A Harvard Social Psychologist Explains the Key to Mastering Public Speaking
(Video) Amy Cuddy, professor at Harvard Business School and author of Presence, explains why great public speakers like Susan Cain create a sense of intimacy — not intimidation — with their audience. www.inc.com
The Life-Changing Magic of Saying ‘No’ to Work
“My time of saying no is returning me to a place where I believe anything actually is possible, instead of the place where I believed anything is doable…but getting it all done will be miserable” www.forbes.com
How Are Drones Influencing The Commercial Real Estate Industry?
“In both urban and suburban settings, these machines are offering occupiers a perspective on real estate listings different from what they’ve ever had before by presenting panoramic photos and videos of properties within the true context of their locations and surroundings. In cities, drone technology enables space users to experience views on certain floors, sometimes from offices in buildings that have not yet been built.” www.cushwake.com
Your success blesses others. I wish you a great a hugely impactful week!