Insights From the 2025 (Y)OUR SPACE Report

Cresa’s global corporate real partner, Knight Frank, has released their bi-annual (Y)OUR SPACE report. This global research campaign investigates the forces reshaping work, workplace, and the real estate strategies evolving in response. This survey gathered insights from nearly 300 senior corporate real estate leaders, directing more than 650 million square feet of space around the world.

As part of the 2025 (Y)OUR SPACE questionnaire, both office and industrial users were asked to give their perspective on three critical challenges: 

1. Business Growth & Transformation

Real estate as a lever for reinvention – enabling new ways of working advancing sustainability, shaping culture, and supporting corporate evolution. 

2. Portfolio Management

Reshaping and right-sizing while balancing cost, flexibility, and resilience.

3. Workplace Management

Focusing on intentionality with space that works smarter for people, performance, and purpose.

A more thorough examination of the survey, the results, and the action items for corporate real estate professionals in this dynamic and transformational period can be found here: Knight Frank (Y)OUR SPACE report. 

The following are a few key takeaways from the (Y)OURSPACE report:

Q: My biggest challenge in workplace management is…

By % of respondents (n=292)

The (Y)OUR SPACE survey provides insight on the complexity and volatility of dynamic and evolving challenges facing occupiers in our current environment. Following a generational shift in how and where we work due to the pandemic, the recovery has been severely impacted by volatile macro-economic conditions. Uncertainty surrounding tariffs, geopolitical tensions, and a generally softening economy have made decision making perplexing. The result has been a focus on cost saving and efficiencies, as many CRE professionals look ahead. Still, the nature of real estate doesn’t always allow for the luxury of time and making well-informed decisions is the best approach to guard against future uncertainties The (Y)OUR SPACE survey and findings provides a better understanding how other CRE professionals are responding.