What is CoreNet GLOBAL?
CoreNet Global is a nonprofit association, headquartered in Atlanta, Georgia (US), representing more than 11,000 executives in 50 countries with strategic responsibility for the real estate assets of primarily large, multinational corporations. The end-user membership base is diverse and spans industries including high-tech, financial services, manufacturing, pharmaceutical, telecommunications, healthcare, insurance, and oil and gas. Google, Unilever, International Monetary Fund, Oracle, Coca-Cola, Amazon, AT&T, General Motors, Barclays, BASF, and Shell are among our many member companies. One-third of our membership resides outside North America (primarily Europe, China, India, Singapore, Australia, New Zealand, Brazil, and the Middle East) with most members managing portfolios with millions of square feet spanning multiple continents.
Virtually all corporate real estate (“CRE”) departments partner with external service provider companies to deliver services needed to acquire, maintain and dispose of real estate. These services include but are not limited to brokerage, site selection, architecture, and interior design, lease administration, facilities management, and technology platforms.
One of the long-term trends in the CRE profession is toward leaner, smaller internal CRE teams focused primarily on strategy and client relationship management, with growing dependence on external service provider companies for tactical delivery and execution. Those external service providers are also members of the association.
The organization’s mission is to advance the practice of corporate real estate through professional development opportunities, publications, research, conferences, designations, and networking in 46 local chapters globally
We invite students from around the world to think creatively about a problem facing real estate professionals for renowned companies like Google, Duke Energy, AstraZeneca, Whirlpool, and many others.
You and your teammates will engage in a contest with competing institutions from all over the globe. Your job is to address challenges like creating an employee experience that attracts millennials while retaining all other generations of employees; or reducing the gap between the speed of business and the typical speed of real estate.
Budding professionals welcome! We’re seeking your ingenuity and creativity. The competition is open to all students (undergraduate/graduate, full-time/part-time) who are currently registered at a recognized university.
CoreNet Global is pleased to announce its 2021-22 Academic Challenge
sponsored by IA: Interior Architects.
The goal of this global competition is to raise awareness of corporate real estate as a viable career opportunity amongst college students of all academic disciplines, to connect local chapters and members of the association with future talent, and encourage more universities to include corporate real estate in their curricula.
A Student Competition
Student teams from universities and academic institutions around the world are invited to compete in an academic challenge wherein students are asked to play the role of an internal corporate real estate team in order to address a real-world issue facing companies around the globe: Your team is charged to develop an Environmental, Social, and Governance strategy for the corporate real estate portfolio that addresses: post-pandemic health and safety concerns and employee well-being; the corporate commitment to being a better steward of the environment; and diversity, equity, and inclusion (“DE&I”).
How can corporate real estate professionals take a leadership role in helping their companies develop an agile ESG strategy that permits the board and management to shift back and forth among short-, medium-, and long-term issues as the changing business environment may require? What will be the lasting impact of the COVID-19 lockdown and the resulting health and safety protocols and practices on the environment and climate change? How will the company turn the conversation about DE&I into measurable actions?
Three teams, with a minimum of two (2) and a maximum of four (4) students each, will be selected to compete in the final round. Interested students will be required to submit a registration form, respond to several questions, and create a compelling presentation as discussed in the Competition Brief.
A jury of corporate real estate professionals will select the teams to compete in the final round.
The winning team will be awarded US$5,000.
In the first round of the North American competition, your team’s responses to several questions will be judged based on the quality of thought invested, the appropriateness of each response, and originality and creativity. Each team is competing against every other team; there is no one “right” response. Rather, the judges will be comparing each response against all the others to identify the finalists.
Deadline: 22 September 2021, 23:59 (AOE)
Note: Each team must have a faculty advisor; Individual students are not eligible to complete