IT companies realign workspaces for flexibility
The top IT and ITes companies are realigning workspaces to prioritise flexibility, innovation, diversification, and sustainability, resulting in flexible space in real estate portfolios doubling to 10-15% in 2024. By area, that has surpassed 50 million square feet, accounting for approximately 7% of total Grade A stock as of Q2 2024, and this trend is…
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Asian shares: Stocks in Asia slip, tracking US tech-led declines
Equities in Asia declined as investors began pulling back on the artificial-intelligence frenzy that has powered the bull market this year. Stocks in Japan and South Korea both fell over 2%, with chipmaker SK Hynix Inc. tumbling even with solid earnings. In the US, the S&P 500 slumped 2.3%, its worst showing since December 2022…
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