Corporate Real Estate

As companies continue to grapple with the industry-wide downturn, they are increasingly looking to make their corporate real estate departments operate as efficiently as possible, according to a new report by CB Richard Ellis Inc. and CoreNet Global.

As companies work to streamline operating efficiencies and cut costs, the outsourcing of services has become increasingly popular, and real estate services are high on the priority list. In the latest high profile outsourcing, CB Richard Ellis Inc. has agreed to a deal to provide project management services for Cisco Systems.