What a difference four years makes. In 2011, as the economy struggled to emerge from recession, 71 percent of real estate employers reported flat or reduced hiring plans, according to a survey conducted by Select Leaders, a job network website launched by Anthony LoPinto, global leader of Korn Ferry’s real estate practice. In a startling reversal, 73 percent of the 988 professionals surveyed expect to expand hiring in the coming year...
Inevitably, the hunt for executive talent is being influenced by the real estate industry’s current wave of consolidation. In early May, DTZ and Cushman & Wakefield Inc. revealed plans to join forces in a deal valued at an estimated $2 billion. That announcement came on the heels of January’s merger of DTZ and Cassidy Turley, which operates under the DTZ name and has 28,200 employees. And last year, Savills plc and Studley Inc. formed Savills Studley in the United States, giving the combined companies access to more than 27,000 employees in 60 countries...The Hunt is On
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National Office Sector Report (Q1 2015)