The Knight Frank Cresa Corporate Real Estate Sentiment Index is a simple 12 question on-line survey conducted quarterly that gauges sentiment in relation to three areas – growth, portfolio and workplace dynamics.
Introduction
Welcome to the first edition of the Knight Frank Cresa Corporate Real Estate Sentiment Index.
Corporate real estate leaders have been through a challenging time over the last two years. COVID-19 has brought profound changes to working styles, the day to day operation of corporate real estate and a wider debate about the future role and purpose of the office.
Challenge and uncertainty are not limited to the effects and aftermath of the pandemic. Changing macro-economic conditions are bringing new operational realities to the fore. This will form that backdrop for future corporate real estate strategy and activity. With this in mind, we wanted to regularly test the temperature of corporate real estate professionals via an industry first sentiment survey.
The Knight Frank Cresa Corporate Real Estate Sentiment Index is a simple 12 question on-line survey conducted quarterly that gauges sentiment in relation to three areas – growth, portfolio and workplace dynamics. Each of these areas are assessed individually in a sub-index, but are then combined to produce an overall sentiment score.
A full methodological note for the index can be found at the end of this document but in the overall index a score in excess of 36 indicates positive sentiment, whilst for the three sub-indices a score over 12 suggests similar.
After a trial study was undertaken across a limited cohort at the end of Q1, we repeated the exercise at the end of Q2 with responses obtained during the first two weeks of July 2022. 218 responses were obtained – thank you so much for your participation. What follows is a brief analysis of the Q2 index findings.
We hope you find these insights useful and we look forward to your continued contribution to the index. As always, please do contact me directly with any feedback or future considerations.
Best wishes,
Dr. Lee Elliott
Head of Global Occupier Research
