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There are a lot of wary big real estate operations globally, according to a new survey by Deloitte. A survey of 450 CFOs of the organizations across North America, Europe, and Asia/Pacific showed serious revenue concerns. Included were real estate companies with assets under management of at least US $100 million.
“While 40% of respondents expect their revenues to improve compared to last year, 48% see revenues decreasing, and 12% expect no change,” the report said. “In contrast, last year’s survey results were much more optimistic: 80% of respondents indicated revenue expectations would be slightly to significantly better than the prior year. Of course, those expectations came in the wake of a very challenging 2020.”
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eBook
Sponsored by essensys
The Business Case for an Intelligent Digital Backbone in Multi-tenanted Commercial Buildings
The commercial real estate industry is navigating changing dynamics with the rise of hybrid working environments and greater demand for digitally-enabled buildings and spaces. But delivering on this demand brings increasing amounts of complexity. Download this eBook for key considerations when evaluating a digital infrastructure.
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White Paper
Sponsored by Placer Labs Inc.
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Download this white paper to understand if and how COVID impacted domestic migration patterns on a state, city and zip code level; including how these patterns are affecting CRE stakeholders.
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Sponsored by Rent.
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There are three major trends converging to shape new renter dynamics: The Great Resignation, The Occupancy Fallacy, and The Renter Research Revolution. Download this report to explore these trends and learn how to thrive in this new era.
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