Focusing Cost Concerns on ‘Smart Growth’

CHICAGO-Companies are increasing their demand for maximum productivity and smart growth, a shift from the focus on cost control that came with 36 months of turbulence in the corporate operating environment. So says locally based Jones Land LaSalle in its inaugural Jones Lang LaSalle and Thomson Reuters’ Global Corporate Real Estate Survey.

According to the report, as companies emerge from the global financial crisis they are seeking to restructure and plan for a new economic era, which is placing more pressure and scrutiny on the productive use of corporate real estate. “This presents a powerful opportunity for CRE teams to drive strategic change and bring added value to their wider businesses,” says the report. “CRE teams will be required to respond with greater agility, expediency and productivity, increasing their reliance on outsourced service providers.”