The 2023 report on Commercial Real Estate (CRE) building operations by Building Engines highlights the significant challenges and trends faced by property teams. These include dealing with fewer resources, prioritizing and managing work orders, and addressing tenant comfort issues. Efficiency and tech investments are paramount, with many teams focusing on CRE tech for better building operations and tenant experiences. The rise of hybrid work models demands more flexible space management. Sustainability remains crucial, with energy efficiency being a top priority. CRE professionals must navigate evolving ESG requirements, labor shortages, and the need for enhanced tenant engagement and amenities to stay competitive.

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