Chapter 8
Accelerating Portfolio Optimization
Global Occupancy Insights 2021-2022
3 Minute Read
Using occupancy management to optimize portfolios
Occupancy management provides data, programs and processes to create strategies to best meet the enterprise goals and workplace and space needs for organizations.
Historically, this has balanced developing a workplace solution that aligns to the culture and business demands of an organization, managing ongoing space demand and facility costs, and supporting long-range portfolio planning.
The pandemic has put a significant focus on cost management, with 88% of respondents stating that the primary goal of their corporate real estate team is to support portfolio optimization efforts (Figure 44).
Figure 44: What are the goals of your client's corporate real estate team?
Source: CBRE Global Occupancy Insights Report, 2021.
When planning future real estate moves, 56% of clients engage CBRE’s Occupancy Management teams before decisions are made, and 4% of CBRE OM teams lead the process to make sure the occupancy and utilization data informs strategic decisions (Figure 45).
Figure 45: In most cases, when does CBRE’s Occupancy Management team get involved in the real estate decision-making process?
Note: Based on 48 respondents.
Source: CBRE Global Occupancy Insights Report, 2021.
Incorporating coworking spaces
In addition to optimizing their portfolios, 56% of respondents employ some form of coworking space (Figure 46), but in most cases, those coworking options are used for less than 10% of total population (Figure 47).
Figure 46: Is your client currently
using coworking space?
Note: Based on 48 respondents.
Source: CBRE Global Occupancy Insights Report, 2021.
Figure 47: How much of your client's
headcount are
primarily using
coworking solutions?
Note: Based on 27 respondents.
Source: CBRE Global Occupancy Insights Report, 2021.
The most common reason clients are using coworking spaces is for the flexibility it affords them (Figure 48), and 43% report that the use of coworking space will increase as their portfolio continues to change (Figure 49).
Figure 48: What is the most
common reason your client uses
coworking spaces?
Note: Based on 27 respondents who use coworking space.
Source: CBRE Global Occupancy Insights Report, 2021.
Figure 49: In the future, will the
percent of coworking space in your
client's portfolio change?
Note: Based on 28 respondents.
Source: CBRE Global Occupancy Insights Report, 2021.