CoreNet Global shared some survey data on the impact inflation is having on CRE real estate portfolios and footprints. We are seeing trends of shorter lease terms and more caution with longer commitments which makes sense in a time of potential instability in the markets. Here are a few key stats: More than half, 54 percent, are consolidating locations and 42 percent are reducing the size of leases they are signing 34 percent say that annual escalations are 100 basis points higher than normal 44 percent say that compared to prior to the pandemic their overall corporate real estate footprint has decreased; 21 percent say that it has increased, and 34 percent say that it has stayed the same. Between now and 2025, 39 percent expect an increase in the size of their corporate real estate portfolio, 42 percent expect a decrease, and 19 percent say that it will stay the same.