Is corporate real estate at a crossroads?

Abstract

Purpose– The purpose of this article is to provide an overview of the way that corporate real estate (CRE) has developed in the UK since the early 1990s.Design/methodology/approach– Review of how various professional bodies, occupiers and landlords have responded to the changing business and workplace environment.Findings– CRE managers and the professional bodies that represent them are at a crossroads. Whilst the business world has evolved since 1990, the CRE sector has not and faces the prospect becoming purely a technical rather than a strategic subject.Originality/value– A review of what has happened and not new research.