CoreNet Global Career Action Center
At the CoreNet Global Career Action Center, you’ll find resources to help you along the way, no matter where you are in your professional journey.
Now more than ever, corporate real estate professionals are integral to aligning real estate strategy with the business strategy to positively impact an organization’s bottom line. Pursuing a career in corporate real estate takes careful planning, and CoreNet Global is here to help you succeed at every stage of your career. At the new Career Center, you will find curated content that is both corporate real estate-focused as well as career-focused.
What is Corporate Real Estate?
Chances are, you probably never said: "I want to be a corporate real estate executive when I grow up." Discover a dynamic career you likely never knew existed – one that creates the spaces, places and experiences corporations require for business success.
Corporate real estate professionals manage diverse real estate portfolios in multiple locations. They work in all classes of property, land, and buildings, including offices, data centers, manufacturing facilities, logistics centers, corporate headquarters, distribution facilities, retail stores and hotels.
Those who enter the profession are generally not REALTORS®, commercial brokers, developers or facility managers though they enlist or manage these professionals as well as other service providers such as architects, site selection consultants, economic developers, interior designers and the like to help support their overall portfolio operations and strategy.
Most corporate real estate professionals hold undergraduate or graduate degrees. Many have degrees other than real estate. Most training is provided after graduation by a professional association or hiring company.
6 Key Aspects of the Corporate Real Estate Role
1. Global Leadership
Serving a global company while respecting local customs and business practices is a vital part of a corporate real estate professional’s role. Understanding and respecting diverse political, economic, regulatory and social nuances of cross-cultural, cross-border working demands leadership with a world view.
Careers managing a corporation’s global real estate footprint demand strategic thinkers who can connect dots, see the bigger picture, anticipate change, embrace uncertainty and develop action plans that manage risk and ensure business continuity.
Corporate real estate, human resources, and technology are the top three expenses for most corporations. As such, strong financial management and business acumen are critical for a career managing real estate assets.
Corporate real estate professionals drive workplace innovation and transformations that are improving productivity, collaboration, employee engagement, and satisfaction. They also work to lower costs and increase competitive advantage for companies across all business sectors.
Artificial intelligence, robotics, blockchain, the internet of things and cybersecurity are top of mind for corporate real estate professionals who must leverage technology and data to manage complex property portfolios -- and protect company assets.
Driven by concerns about climate change and limited natural resources, sustainability is a baseline requirement for most corporations. Corporate real estate professionals are responsible for sizable environmental footprints and must take a proactive role in leading energy efficiency and reducing consumption.