Anticipating the next recession: What should corporate real estate do to prepare?

Deborah Whittemore
Additional contact information
Deborah Whittemore: 700 Anderson Hill Road, USA

Corporate Real Estate Journal, 2022, vol. 11, issue 4, 302-313

Abstract: Economic consensus on the severity and timing of the next US recession — both before the onset of the COVID-19 pandemic and then in light of its ongoing effects on the workforce and public policy — remains subject to much debate across predictions made over 2019–21. Starting as early as the 2019 CoreNet Global Academic Challenge, corporate real estate (CRE) organisations have become increasingly concerned with this recession risk. Inflation fears, labour concerns and recent supply chain constraints exacerbate this debate in an environment of continuing low interest rates. By implementing a strong strategic process, CRE leaders can position their portfolios, technologies, organisations and policies to manage the risk of these future unknowns, while taking advantage of market-specific opportunities to lock in flexibility.

Keywords: recession planning; corporate real estate strategy; work–life balance (search for similar items in EconPapers)
JEL-codes: R3 (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
https://hstalks.com/article/7074/download/ (application/pdf)
https://hstalks.com/article/7074/ (text/html)
Requires a paid subscription for full access.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aza:crej00:y:2022:v:11:i:4:p:302-313

Access Statistics for this article

More articles in Corporate Real Estate Journal from Henry Stewart Publications
Bibliographic data for series maintained by Henry Stewart Talks ().