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Day: July 23, 2024

[Office Leasing] Bauer's dove: won't wait for inflation to fall to 2% before cutting rates

U.S. Federal Reserve Chairman Jay Bauer pointed out on Sunday that U.S. economic data in the second quarter gave policymakers more confidence that inflation would fall to the 2% target, and that the Fed would not wait until inflation touched 2% before cutting interest rates. Bloomberg reported that after Goldman Sachs said the time was ripe for a rate cut, the market increased bets on the Fed cutting rates three times this year.

[Office Leasing] Commercial real estate turnover, office rentals, and leased square footage are all at a high point.

Nvidia CEO Jen-Hsun Huang Decides to Set Up Asia-Pacific's First AI Intelligence Center in Taiwan, Fueled by a Tidal Wave of Funding
The new R&D Centres will also help to boost the potential demand in the commercial office market in terms of turnover, rental market, and leasing costs, and will also contribute to the development of the new R&D Centres.
There are bright spots in the three major indicators of commercial real estate turnover! Jones Lang LaSalle's latest statistics show that commercial real estate transactions in the first half of the year
The office leasing area in Taipei City reached 17,400 ping, which is directly comparable to the office leasing area of
For the whole year of 2023, the average monthly rent per ping of office space will reach $3,196, setting a new record.

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