Wisconsin Real Estate MBAs report from MIPIM 2010:
Panel: How Can Occupiers Position Themselves for an Upturn? Doing More With Less
This session focused on the real estate market from the tenant perspective (the only session to do so) and on stakeholder management and the changes in market conditions. Some markets have seen rents fall as much as 35%, producing both winners and losers, and a variety of opportunities. However, while market conditions matter, end users are clearly focused on the productivity of their employees and the strategic growth of their core businesses. Landlords may be missing an opportunity in this downturn to focus on the end-user who could expand, but instead are utilizing existing space more efficiently for some time.
For more coverage of MIPIM 2010, visit our partner CREOpoint.com.
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What tenants think may depend in large part on whether they are tenants by choice or tenants by default. Pardon the choice of terms.
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