Top C-Suite

JLL just released its July 2024 coverage on Commercial Office lease trends. Q2 2024 YoY notable trends: America region (Gross Rent) San Francisco (-3.6%) New York (-6.5%) Washington DC (+4.5%) Dallas (+4.7%) EMEA (Headline Face Rents) Amsterdam (7.7%) London (8.6%) APAC ( Net Effective Rents) Greater China (Beijing, Shanghai, HK) - Rents are dropping (e.g -11% for Beijing. Companies should be more aggressive in renegotiation of their office renewals. Seoul (+11%) - There is higher demand in Seoul, particularly Yeouido area, and TP Office Tower, which was recently built. Companies can try to negotiate for a longer free rental period to offset the hike. As businesses transition to a post-pandemic landscape, many have adopted a hybrid work model, blending remote and in-office collaboration. Given the rising rental costs in certain urban cities, there is an opportunity to reassess office space usage to enhance efficiency and utilization. Exploring options such as co-working spaces could further help optimize the utilization rate of office real estate. JLL Office Rent Research Report July 2024: https://co.jll/4fV6n2Q Co-work providers: WeWork Regus Servcorp JustCo #realestate #officerent

Goldman Sachs Asset Management shared a report about #AI investment, projecting $1 trillion CAPEX spending in the coming years. #Bigwave In terms of infrastructure AI, the spendings are concentrated on the big 4 players - Meta, Google, OpenAI, and Anthropic and the tech arms race will continue to intensify with "the winner-takes-all mindset" in the background. Meanwhile, there are still space in the verticals and industry specific LLMs where other companies can thrive and innovate to build successful case studies and contribute new tech stacks and meaningful products to the ecosystem. It remains to be seen whether #nvdia can continue to dominate the AI silicon market landscape or whether they cede some market share to other players entering the competition.