B.C. commercial real estate layoffs may disproportionately impact women

  • 📰 BurnabyNOW_News
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 77%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

Industry experts say that marketing and communications teams are the first to go, but also have the most women on them.

Downsizing in B.C.’s commercial real estate industry could have an unintended bias, with experts signalling women may be hit hardest by layoffs.

“When we look at something like marketing or communications, one of the key aspects of that is being able to relate to people well, to communicate. These are all more stereotypically feminine attributes or skills. And so it makes sense that women would naturally be able to see themselves more in those types of jobs.”

“Marketing and communications have long been considered an essential part of the bottom line that supports the sales program. And while that is still true, it is challenging to accurately determine the impact a campaign, published article or outdoor signage board has on your company.” Women represent 36.7 per cent of the commercial real estate industry in Canada, the U.K. and the U.S. as of 2020, according to a study by industry association Commercial Real Estate Women .

In addition, marketing teams are playing an increasingly crucial role in Vancouver’s changing real estate market.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in PROPERTY

Property Property Latest News, Property Property Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Women To Watch In BC's Real Estate And Housing IndustryHoward is a Staff Writer based in Burnaby who covers real estate and commercial real estate, with a focus on housing policy and the development industry.
Source: storeyspub - 🏆 16. / 74 Read more »