Corporations play it safe with industrial space.A vast majority of corporate real estate executives at large corporations are planning to maintain their industrial occupancy, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a survey conducted by CoreNet Global, a professional association of corporate real estate executives. 67% of respondents In the context of marketing research, a representative sample drawn from a larger population of people from whom information is collected and used to develop or confirm marketing strategy. reported that their industrial portfolio will be maintained during the coming six months, while an equal number of companies (16%) plan a net increase as a net decrease in their industrial occupancy levels. More than three quarters (78%) of companies plan to maintain or decrease their office occupancy, while only 22% plan to increase their office space, results which are consistent with corporate real estate executives' attitudes on growth from recent CoreNet Global Benchmarking
Benchmarking (also "best practice benchmarking" or "process benchmarking") is a process used in management and particularly strategic Surveys. The survey was administered December December: see month. 4, 2003 through December 11, 2003 and was distributed to 1000 corporate real estate executives and assets managers at large corporations. It yielded 106 responses. 42% of respondents have a portfolio between 1.5 million and 10 million s/f; 25% have a portfolio of between 10 million and 30 million s/f; and 14% have a portfolio of greater than 40 million s/f. CoreNet Global members manage $1.2 trillion One thousand times one billion, which is 1, followed by 12 zeros, or 10 to the 12th power. See space/time. (mathematics) trillion - In Britain, France, and Germany, 10^18 or a million cubed. In the USA and Canada, 10^12. (US) in worldwide corporate assets, totaling 700 billion s/f of owned and leased office, industrial and other space. |
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