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Economic Update - Corporate RE Plays New Role in Tough Times
It's a whole new world for corporate real estate owners, according to the 2009 State of the Industry Report by CoreNet Global, which was released Monday. The report distilled the views and opinions of more than 60 corporate real estate executives from around the world, along with information gleaned from various corporate real estate case studies.
kadzis In Troubled Times, Firms Turn to RE Service Providers for Guidance
With the United States and much of the global economy in a perilous state, many corporations are looking to their real estate service providers for advice on how to make the best use of their real estate portfolios. To this end, telecommunications firm Nokia has chosen CB Richard Ellis Inc. as its global strategic real estate advisor.
CBRE to Handle FDIC’s Portfolio of Owned Real Estate
CB Richard Ellis Inc. has netted a major client: The Federal Deposit Insurance Corp. has tapped the services firm to serve as primary advisor for the residential and commercial real estate it acquires from failed financial institutions.
Despite Economy, Sustainability, Workplace Alternatives Still Focuses for Corporations

While the poor economy is a necessary consideration for every strategy today, corporate real estate’s recent big initiatives continue to progress. Thus, not only the economy but sustainability issues and workplace advances permeated CoreNet Global’s Fall Meeting in Orlando this week.
Roundtable Participants Find Opportunity in Difficult Times
There is a silver lining for corporate real estate departments in the current economic crisis, according to participants in the second CoreNet Global-CPN Corporate Real Estate Roundtable, which took place yesterday during the CoreNet Global Fall Summit.
kraft hq Kraft Foods Signs on with Grubb & Ellis for Property Management
About one month after Kraft Foods Global Inc. renewed about 1.5 million square feet in Ohio and Pennsylvania from ProLogis, Kraft selected Grubb & Ellis Co. as its facilities service provider for its sites throughout North America.
Zurich Inks Euro-Deal With CB Richard Ellis
Zurich Financial Services Group has picked CB Richard Ellis Group Inc. as a provider of a variety of real estate services for the company in Europe, including transaction management and strategic consulting. The deal represents the first time that Zurich has hired a single service provider for Europe.
Roth_Howard Roth to Head Real Estate for Ernst & Young
Howard Roth will take over as global and Americas director of real estate at Ernst & Young US, replacing the retiring Dale Anne Reiss.
 

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