Mumbai Summit to Showcase How Companies Intend to Address the Impending Talent Shortage in Corporate Real Estate

Mumbai Summit to Showcase How Companies Intend to Address the Impending Talent Shortage in Corporate Real Estate

November 26, 2007

Talent Management Proves a Hot Topic Amongst Delegates Due
to Attend the 6th Annual Corenet Global Asia Summit in
Mumbai Next Year

    MUMBAI, India, Nov. 26 /Xinhua-PRNewswire/ --
Organizers of the 2008 CoreNet Global Asia Summit today
announced that the decision to focus on ¡¥talent management
in corporate real estate¡¦ as the main theme for its next
conference is generating record interest from
pre-registered conference attendees.  The summit is being
held in India on March 3-5, 2008, at the Grand Hyatt
Mumbai.

    Now in its sixth year, the CoreNet Global Asia Summit
is expected to convene more than 400 corporate realty
professionals from across the globe to review how the
industry can address this impending talent shortage, and to
explore how developing and retaining corporate real estate
talent can positively impact a company¡¦s success and
growth.

    "From the Corporate Real Estate viewpoint, there
is an increasing demand from the business for improved
performance, solutions and results.  This is creating
competition within the industry¡¦s already shallow labour
pool for the best talent," comments Mr. Mike Zamora,
CoreNet Global¡¦s Asia Regional Chair.

    "Attracting qualified individuals, as well as
developing and retaining the current workforce have
consequently become priorities for today¡¦s Corporate Real
Estate Organizations," he continues. "This
conference is thus designed to discuss strategies for
recruiting the right people, including approaches for
developing your team and holding on to outstanding
employees." 

    To do so, Mr. Zamora explains that the summit will
offer comprehensive coverage on how companies are
attracting and retaining talented staff via a diverse
conference programme that includes knowledge sharing
workshops and educational tracks, plus the presentation of
case studies and real life perspectives from Corporations,
Real Estate and Human Resource experts. 

    In keeping with the summit theme, the agenda will also
explore key topics including, "Are staff management
issues different from city to city in Asia, meaning
Singapore and Hong Kong compared to Beijing and
Mumbai?"  

    Mr. Zamora adds that, "Fifteen years ago to
attract and retain staff, all you had to do is offer money.
Today, employees are also looking for career advancement,
professional development, challenging work, along with
working in a team which promotes this type of environment. 
Gone are the days where one person can do everything thus
how people work together as a team is even more
crucial."

    Mr. Zamora points out that this is the second time
India has been chosen as the host nation for a CoreNet
Global summit, with Mumbai once again selected given the
spiraling demand from within the local real estate sector
for a stronger, more creative talent base. 

    "Similar to other locations in Asia, corporations
in India are recognizing that competitive advantage is
becoming increasingly dependent on having a talented
workforce and a corporate culture that enables them to
innovate at a greater rate than the competition,"
expresses Mr. Zamora.

    "Subsequently, people are the leading drivers of
economic prosperity," concludes Mr. Zamora.
"Companies therefore not only face the challenge of
building a dedicated team of professionals, they also need
to think about how they can support the creativity,
innovation and needs of the people who work for
them."

    Interested parties can register for summit by
contacting Ms. Eleanor Estacio on (1) 404 589 3217 /
[e-mail], or Ms. Jennifer Gao on (8621)
6122 1251 / [e-mail].  Alternatively, please
visit http://www.corenetglobal.org for more details.
    
    About CoreNet Global

    CoreNet Global is the world¡¦s premier association for
corporate real estate and related professionals.
Headquartered in Atlanta, Georgia, USA, the global learning
organization is the industry thought and opinion leader,
plus the only professional real estate group that convenes
the entire industry.

    Today, CoreNet Global¡¦s members manage US $1.2
trillion in worldwide corporate assets of owned and leased
office, industrial and other space.  With nearly 7,000
members representing large organizations around the world,
CoreNet Global operates in five global regions: Asia/Japan,
Australia, Europe, Latin American and North America.

    For more information, please visit the CoreNet Global
website at http://www.corenetglobal.org .
    
    For more information, please contact:

     CoreNet Global	
     Jennifer Gao				
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     Facility Media
     Janet Middlemiss	
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