Corporate Real Estate (CRE) refers to the real property that a company owns or holds for the purposes of housing its operations. It is a subset of commercial real estate (CRE), which is property used exclusively for business-related purposes or to provide a workspace rather than a living space. Here are some key points about CRE:
- CRE includes a wide range of properties, from office buildings to warehouses to retail stores.
- CRE provides rental income as well as the potential for some capital appreciation for investors.
- CRE loans are generally made to investors such as corporations, developers, partnerships, funds, trusts, and real estate investment trusts or REITs.
- CRE is often treated as a separate market for statistical purposes, separating it from other forms of real estate.
- CRE is an invaluable part of modern society, allowing individuals and enterprises of all sizes to pursue success and contribute to their communities.
In summary, CRE is a type of commercial real estate that refers to the real property that a company owns or holds for the purposes of housing its operations.