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Like many other industry sectors, the global financial crisis (GFC) forced the hand of CRE executives the world over to have an unrelenting focus on cost. During the GFC, CRE delivered its fair share of cost savings and cost avoidance. Now in a post-GFC environment, cost efficiency is here to stay and is viewed as business as usual. But today, CRE finds itself at the crossroads, tasked by the C-suite to shift the focus from cost to value creation, and having to deliver on both sides of the cost vs value equation.
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Sunday, 1 December 2013