What do you do if your corporate real estate experience is limited?

1 Educate Yourself

To bridge the gap in your corporate real estate knowledge, begin with self-education. Dive into industry-specific literature, online courses, and seminars to understand the fundamentals and current trends. Familiarize yourself with key terms such as 'leasehold improvements', which refer to modifications made to rental premises to suit a tenant's needs, and 'capital expenditures', the funds used by a company to acquire or upgrade physical assets like property. This foundational knowledge will not only bolster your confidence but also demonstrate your commitment to learning and growth when conversing with industry professionals.

5 Leverage Skills

Your current skill set may be more applicable to corporate real estate than you realize. Skills such as project management, financial analysis, and strategic planning are highly valued in this field. Highlight these competencies when discussing potential roles or during interviews. Show how your skills can contribute to the management and optimization of a company's real estate portfolio, even if your direct experience in the sector is minimal.

6 Keep Adapting

The corporate real estate landscape is ever-evolving, with new technologies and sustainability practices shaping the industry. Stay adaptable by keeping abreast of innovations such as smart buildings, which use automation systems to control building operations, or green leases that include terms promoting environmental sustainability. Embrace continuous learning and be prepared to adapt your approach to stay relevant in the field. Your ability to evolve with the industry will be a valuable asset to any corporate real estate team.

7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?