CBRE's recent survey shows economic uncertainty looming larger among CRE executives' concerns, second only to talent management. Half ranked economic uncertainty a top-three concern, up from last year's one third.
The prospect for suburban living has just gotten a lot brighter. Suburban houses will not only be able to generate the energy they need internally, but also fuel their cars—and all with absolutely no CO2 emissions.
CBRE has a lot of proprietary data sitting in data "puddles." Big data is creating a data "lake" from those puddles by linking data feeds, and then using the power of machine learning to derive insights for our clients. Our just-introduced Live, Work, Play (LWP) Index is an example of a big data exercise in CRE.
Location, Location, Location—it’s been the mantra of real estate since the phrase first appeared in a Chicago Tribune property ad in 1926. CBRE Econometric Advisors is currently developing a Live-Work-Play Index that classifies locations based on objective analysis rather than subjective bias.