Cushman & Wakefield and CoreNet Global Release New Survey Results on 鈥淲hat Occupiers Want鈥�
Cost remains king, but talent, flexibility, and service are reshaping real estate strategy globally
Findings from the What Occupiers Want 2025 survey鈥攔eflecting the views of CRE decision-makers across the
鈥淭he survey shows that while cost discipline remains essential, organizations are increasingly recognizing that real estate decisions directly impact employee experience, engagement, and overall business performance,鈥� said Despina Katsikakis, Global Lead, Total Workplace Consulting at Cushman & Wakefield. 鈥淭his marks a critical opportunity for CRE leaders to shape strategies that deliver both financial and workforce value.鈥�
Cost Still Reigns, but Uncertainty Dominates Decision-Making
Cost control remains the top driver of corporate real estate decisions globally, as CRE leaders face continued pressure to reduce or optimize spending. Financial KPIs鈥攑articularly cost, efficiency, and space utilization鈥攕till dominate strategy.
However, uncertainty looms large. Political instability, changing workplace behaviors, and unclear ROI metrics have left many organizations hesitant to act boldly. Additionally, environmental, social, and governance (ESG) priorities鈥攐nce on the rise鈥攈ave slipped back to pre-2021 levels in global importance, though they remain a top concern for occupiers in the EMEA and APAC regions.
CRE Organizational Models Are Evolving鈥擜nd Metrics Must Keep Pace
One of the report鈥檚 most striking findings: nearly one-third (
鈥淭his shift highlights a growing understanding that corporate real estate is about people, culture, and experience鈥攏ot just space and cost,鈥� said David Smith, Head of Americas Insights. 鈥淏ut to make this evolution meaningful, organizations need new performance metrics that link workplace investments to employee experience, engagement, and productivity鈥攏ot just financial outcomes.鈥�
Despite these organizational changes, most companies continue to rely heavily on traditional financial measures. The report calls for a balanced scorecard approach that bridges the gap between cost control and workforce impact.
Downsizing Has Peaked as Occupiers Stabilize Portfolios
After several years of footprint reduction, the era of mass downsizing appears to be over. Only
Office utilization rates are stabilizing as well, with global occupancy levels settling between
Landlords Must Step Up as the Office Becomes a Service
Tenants are demanding more from their landlords鈥�
Top-tier office space commands a nearly double-digit rental premium as a result. Yet there remains a gap between expectation and delivery: only
Flexible Location Strategies Are the New Talent Imperative
Flexible hiring practices are now standard, with
-
In the
Americas , hybrid and country-level hiring dominate. - EMEA firms favor selective global hiring where a presence already exists.
- APAC leads in expanding remote hiring options.
Technology talent remains in high demand, particularly in APAC, where growth outpaces that of the
The 2025 What Occupiers Want survey reveals a CRE industry in transition: while cost pressures remain paramount, leading organizations are redefining value beyond financial savings.
鈥淭o drive meaningful impact, CRE leaders must champion new, integrated performance frameworks that reflect the true business value of the workplace,鈥� said Katsikakis. 鈥淎G真人官方 estate decisions are no longer just about the bottom line鈥攖hey鈥檙e about workforce performance, culture, and competitive advantage.鈥�
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in approximately 400 offices and 60 countries. In 2022, the firm reported revenue of
About CoreNet Global
CoreNet Global is a non-profit association, headquartered in
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Source: Cushman & Wakefield