In the last few years, we’ve seen unprecedented disruptions in how, when, and even why we work. It has become increasingly important to understand what drives ourselves and our employees. Studying and understanding these dynamics embedded in the broader macro environment is at the center of what we do.
Despite economic instability and an impending global recession, the talent market in global real estate remains highly competitive. Employers need help hiring and retaining top talent in a market that arguably continues to skew in the employees’ favor. Employees continue to be more demanding and discerning, and employers must continue to adapt accordingly.
This is the first issue of a new series assessing the critical trends in the global real estate market and their likely impact on talent acquisition and retention for private equity real estate funds. This report includes our thematic predictions for the real estate talent market in 2023. Future topics will include a deep-dive in how we think about attracting and retaining talent, diversity, ESG, among other topics.