CPE Podcasts

Following the two-week COP27 conference in Egypt, the U.S Green Building Council issued a call for greater action and accountability to address climate change. That's because the consensus of global leaders and environmentalists at the conference was that the buildings industry, which accounts for 37 percent of energy and process-related CO2 emissions and 34 percent of energy demand, is not on track to achieve net zero by 2050.

Welcome back to Sustainability Street, our podcast on the intersection of commercial real estate and the world we live in. For this episode, host CPE Executive Editor Therese Fitzgerald interviews Liz Beardsley, USGBC Lead Policy Counsel, on what she heard and saw at the high-level meeting.

Here's a sample of the topics covered:

Managing workplaces for the generational divide is more challenging than ever. Younger employees feel like they don’t need to be in the office to be productive, while older generations tend to stick to what they’ve known for years: going to the office for work. How can team managers lead when their workforce has such different views? And what does all this mean for office landlords? FTI Consulting Managing Director Rob Raymond weighs in in a new episode of our quarterly series, hosted by Commercial Property Executive Senior Editor Laura Calugar.

Here's what you'll hear about:

According to CREW Network’s 2022 industry research paper, 88 percent of the companies that participated in this year’s survey were actively trying to hire. Commercial real estate companies have been taping into the potential of younger generations to fill in open positions, but they come with their own set of challenges. For this year’s last episode of Commercial Property Executive’s quarterly podcast series with CREW Network, Senior Editor Laura Calugar invited CEO Wendy Mann to talk about what the younger generations expect from their workplace, and how they will shape the future of CRE.

Here's a sample of what you'll hear about in this episode:

The increasingly uncertain economic conditions continue to make an impact in commercial real estate around the world. Under pressure from both high inflation and monetary policy tightening, the commercial real estate sector in the Asia Pacific region appears to be facing downward risks, according to the latest RICS research paper. In Europe, the higher interest rates and weakening economic backdrop are weighing heavily on market sentiment, while the Q3 results across North America point to a further deterioration in sentiment, particularly for investment. The Middle East seems to be the standout performer in terms of the sentiment provided by contributors to the latest survey, led by Saudi Arabia and the UAE. Commercial Property Executive Senior Editor Laura Calugar talked to RICS Senior Economist Tarrant Parsons about the results of survey.

Here’s what you’ll hear about in this episode:

In this episode, Dr. Matthew Trowbridge, chief medical officer, International WELL Building Institute, tells host Therese Fitzgerald that health and wellness in the built environment is "the next big thing" in ESG reporting for investors.

Tracy Murphy is a pioneering executive in the dynamic field of life science real estate development and investment. In this episode of CPE's Investment Matters, the president and co-founder of IQHQ discusses the sector's outlook and challenges, where to find the sector's high-potential hubs and the company's landmark project on the San Diego waterfront. Highlights include:

Last year, as the industry was still processing the lockdown and the pandemic, Lindsay Ornstein and Stephen Power took their collaboration to another level. They started a nonprofit advisory practice, which soon led to them launching OPEN Impact Real Estate, a brokerage and advisory services firm, affiliated with Transwestern. In little over a year, the company grew to include 13 team members, most of whom are women. In a conversation with Commercial Property Executive Senior Editor Alexandra Both, Ornstein shares her strategies for growing the company further as the market prepares for a slowdown in 2023. Here are some highlights:

Concerned about making those costly energy retrofits? In this episode, host CPE Executive Editor Therese Fitzgerald discusses incentives and opportunities for property owners and users contained in the IRA. Her guests are: Josephine Tucker, managing director/head of Clean Energy & Infrastructure, JLL, and Mitch Worden, vice president, Clean Energy & Infrastructure, JLL. 

Welcome to Investment Matters, CPE’s podcast series with the leaders who are shaping CRE investment today. On this episode, we’ll hear from Marc DeLuca, a 30-year industry veteran and the new CEO of KBS.

In this lively and insightful conversation, DeLuca discusses why the Orange County, Calif.-based firm remains upbeat on the office sector. He details the firm’s investment strategy at a challenging time and offers perspective on the intersection of institutional investors and rising interest rates.

You’ll also hear about how early interests led to a distinguished career, and why economics training has taught him to resist pushing the panic button in unsettled times. Last but not least, DeLuca shares the unusual pastimes that let him unwind from long hours.

Highlights:

Bicoastal responsibilities (1:07)

An unconventional career path (3:58)

Economic training shapes a world view (8:19)

Topline office trends (10:26)

Interest rate insights (15:14)

KBS’ investment strategy (17:45)

A CEO off the clock (20:45)

Sentiment in real estate markets around the world is toning down, following consistent improvements in the past few quarters. The tightening in monetary policy and the rising inflation are weighing on the global economic outlook. Here’s what RICS Economist Tarrant Parsons revealed about the Q2 Global Commercial Property Monitor in this podcast episode: