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NEW YORK CITY—So did you already spend that annual bonus or squirrel it away for the vacation you're planning? If you're asking yourself, “What bonus?” you're in the minority. At least that's the upshot of the annual survey conducted by CoreNet Global and FPL Associates, the results of which GlobeSt.com has obtained on an exclusive basis.
In fact, some 48% of real estate executives not only anticipated getting a bonus, but expected a bigger one than they did the year before. Nearly 300 internal CRE executives within corporate-user organizations were polled for the survey, (which took place prior to the distribution of bonuses). Just more than 25% of the respondents came from the financial services sector, while 12.4% hailed from technology. Other sectors were all in the single digits and ranged from such vertical markets as telecom, government and, yes, real estate.
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John Salustri
John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
