Dear Students and Professors,
CoreNet Global India Chapter is pleased to invite you to an online Guest Lecture on Corporate Real Estate (CRE) : What's It All About
Date : Tuesday, November 24, 2020
Time : 4pm to 5pm
Corporate Real Estate : What's It All About
CoreNet Global has made a strategic priority of strengthening its relationship with academic institutions around the world in order to raise awareness of corporate real estate and to cultivate a diverse and robust pipeline of talent into the profession.
In 2015, CoreNet Global published The Essential Guide to Corporate Real Estate, a foundational text written by and for Members. The Essentail Guide lends itself well as an introductory text for university faculty and students.
This lecture will focus on Chapter 1 of this publication which is Corporate Real Estate : What's It All About
Topics include :
1). What is Corporate Real Estate
2). Learning Objectives
3). The Broad Expanse of CRE
4). The CRE Business World
5). CRE Management
6). CRE Functional Management
7). CRE Success Factors
8). CRE Communications
9). Technology Support
Amit Lall, Head - Workplace Solutions, Sodexo
Abhay Tiwari, Head of Corporate Real Estate and Services, BNP Paribas
Rita Mishra, Head HR - North & East, TATA Realty
1). It is mandatory to pre-register
2). All registered attendees will receive a confirmation with the login details 48 hrs prior to the event
3). For any further queries please connect with Binita Jain at firstname.lastname@example.org or you may call on +91-9833728738
What is CoreNet Global?
CoreNet Global is a non-profit association, headquartered in Atlanta, Georgia (US), representing more than 11,000 executives in 50 coutries with strategic responsibility for the real estate assets of primarily large, multinational corporations. The end user membership base is diverse and spans industries including high-tech, financial services, manufacturing pharmaceutical, telecommunications, healthcare, insurance, oil and gas. Google, Unilever, International Monetary Fund, Oracle, Coca-Cola, Amazon, AT&T, General Motors, Barclays, BASF and Shell are many member companies. One-third of our membership resides outside North America (primarily in Europe, China, India, Singapore, Australia, New Zealand, Brazil and the Middle East) with most members managing portfolios with millions of square feet spanning multiple continents.
Virtually all corporate real estate ("CRE") departments partner with external service provider companies to deliver services needed to acquire, maintain and dispose of real estate. These services include but are not limited to borkerage, site selection, architecture and interior design, lease administration, facilities management and technology platform. One of the long-term in the CRE profession is toward leaner, smaller internal CRE teams focused primarily on strategy and client relationship management with growing dependence on external service provider companies for tactical deliver and execution. Those external service providers are also members of the association.
The organization's mission is to advance the practice of corporate real estate through professional development opportunities, publications, research, conferences, designations and networking in 46 local chapters globally.
View the list of Corporate Partners
What is the role of a CORPORATE REAL ESTATE EXECUTIVE?
Corporate real estate professionals have strategic responsibility for their corporations' total real estate footprint of owned and leased space. They are charged with anticipating and responding to a corporation's property needs as a result of business growth, expansion or contraction.
Corporate real executives are generally not REALTORS®, commercial brokers, developers or facility managers though they retain or manage these professionals as well as architects, site selection consultants, economic developers, interior designers and they like to help support their strategy.
Historically, corporate real estate professionals focused on managing the physical property for the business. They were charged with acquiring, maintaining and disposing of real estate throughout the "lifecycle" or useful life of any property. Certainly, those functions still remain at the core of corporate real estate. However, the business landscape has changed and the role of corporate real estate continues to evolve. Now more than ever, corporate real estate professionals are charged with partnering with the business and adding the strategi value.
More corporations are now viewing real estate as a strategic asset and corporate real estate as a strategic function. As a result of that shift, a new skill set is required for today's corporate real estate executives. They are at the forefront of corporate social responsibility and sustainability initiatives and are leaders in the innovative workplace design movement aimed at improving worker productivity wellness, and the workplace experience. They also pay a vital role in talent recruitment and retention, location strategies and interaction with other internal support functions such as human resources or information technology.
Bhavin Thakker, Savills India
Laila Khalil, Lowe's India Services Pvt. Ltd.
Co-Chairs, CoreNet Global
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