August 18, 2022. CBRE CBRE April 28, 2022 The Public Utilities Commission will hold a status conference on May 5, 2022 at 9:30 a.m. reviewing Working Group progress in Phase 2 of this proceeding. On May 4, 2020, the Commission issued Order No. The slowdown in high-tech industry employment growth remains moderate in the context of longer-term trends. Intraday Options Masterclass by Tina Gadodia live at just 199 INR for PRO! Females (33%) and Hispanics, Blacks and other races (23%) are underrepresented compared with non-tech office-using industry employment, where these groups comprise 52% and 27%, respectively. Job cut announcements in 2022 remain low by historical standards but are rising and concentrated in the tech industry, according to job search firm Challenger, Gray & Christmas (Figure 2). CBRE NI has around 40 team members with expertise in 8 key areas. March 29, 2022 A Notice of Professional Services for Hearings Officer was issued to invite persons engaged in providing professional services to submit current statements of qualifications and expressions of interest. Through August 2022, $136 billion of venture capital funding has been allocated. The Phoenix metropolitan area is a vibrant economic hub and the second fastest growing MSA in the nation with over 4.9 million residents. ft. in the top 50 markets tracked by CBRE Research. Let us guide you to your next investment of leasing opportunity. In doing so, the Commission observed that this proceeding would continue the work begun in Docket No. CBRE Links: Read More Austria Investment Snapshot Q3 2022 ERIX is CBREs Global Research Application that records aggregated comparable property market data for over 200 global cities. Seventy-three percent of the 1,601.5 MW of under-construction capacity across primary markets in H1 was already preleased. While only hearing participants will be able to access the Webex hearing, the Commission will be live streaming the hearing through YouTube, which can be access via the links below: Additional information about this proceeding can be found in Docket No. Supply in primary markets increased by 352.9 MW, or 10.5%, in H1 2022, contributing to a 20% year-over-year increase of 627.3 MW. Supply chain disruptions are causing delays in new construction deliveries. These growth patterns indicate a broader geographical distribution of job creation away from headquarters locations. Watch the Informational Briefing live on Friday, July 9, 2021, at 10:00 am on YouTube Live (https://www.YouTube.com/watch?v=RLgpuMZGGzk). July 20, 2022. The life sciences industry, another beneficiary of pandemic-related business growth, outpaced the high-tech industry with total employment 15.5% above its pre-pandemic high. ft.) transactions drove leasing activity with a share of 85percent, which was largely stable on asequential basis. Boise provides access to good infrastructure, renewable energy and cheap power and land. LAKE MARY, FLA. CBRE has negotiated the sale of The Helix at Lake Mary, a newly built, 300-unit apartment community located at 962 Bentstation Lane in the northern Orlando [] Hawaii Gas IRP is intended to govern how the utility will meet energy objectives and customer energy needs consistent with State energy policies and goals, while providing safe and reliable utility service at a reasonable cost. Sofia Office Market Figures Q2 2022. We sell, asset manage, value, survey & project manage a range of commercial properties across NI. Watch the Status Conference on YouTube (https://www.Youtube.com/watch?v=d0gRmQ1Jxx0). Global President, Advisory & Transaction Services, Managing Director, Tech & Media Practice Group, Global Chief Economist, Head of Global Research & Head of Americas Research, Global Head of Occupier Thought Leadership. The rise in available sublease space varies considerably by market and is directly associated with the concentration of tech companies that serve weakened economic sectors and that choose remote-first or hybrid work arrangements. Aixa Velez 11/3/2022 . Media Center. San Francisco Bay Area-based tech companies led this charge, signing more than 37 million sq. In Silicon Valley, the city of Santa Clara has virtually no additional power to deliver. Retail Reports The Hawaii Public Utilities Commission (PUC) has opened a proceeding to investigate performance-based regulation for the Hawaiian Electric Companies. The Commission regrets the inconvenience this may cause, but believes postponing the public hearing is prudent in light of the circumstances. Much of this growth was attributable to large tech companies benefiting from pandemic-related business growth. More than half this new capacity is being added in Northern Virginia. The Commission will subsequently publish an amended notice of hearing providing information about the amended hearing date and location. Year-over-year increase in primary market average rental rates. Enterprise facilities built for a specific use, with limited consideration for their second-generation market appeal, are often trading at a significant discount to replacement cost. Tight labor market conditions and remote working are changing Tech Talent growth patterns, creating new opportunities across the U.S. and Canada. The average monthly asking rate in primary markets increased by 5.9% year-over-year. Silicon Valley has surpassed San Francisco as the market with the highest growth and concentration of sublease availability from tech companies, although sublease availability remains below average and theres still demand for quality sublease spaces. During that time period, Young Brothers is required to submit additional information to the Commission and Consumer Advocate, which will include updates on Young Brothers financial condition and actions it is taking to minimize impacts on Neighbor Island customers. Pursuant to the COVID-19 emergency situation and the Governors Emergency Proclamations, the Commission will be publishing notices of pending motor carrier applications on our website, in lieu of the publication requirement in the Commissions administrative rules (HAR 16-601-57(2)), which states that the notice be published in a newspaper of general circulation within the State or within the county or counties affected by the application. The Commission plans to re-establish the working group process to address additional issues described in Order No. Figure 4: Net Absorption vs. The average monthly asking rate for a 250- to 500-kW requirement across primary markets increased by 5.9% year-over-year to $127.50 per kW. CBRE partners with owners, occupiers and investors worldwide to deliver consulting, advisory and transaction, project management and integrated data center operations services. years (2018 and 2019), 13 markets posted the same or faster growth, including Austin, Montreal, Denver, Raleigh-Durham, Minneapolis/St. ft.) to medium-sized (10,000 50,000 sq. Leading indicators for the tech industry, including the Nasdaq Index and venture capital funding, remain well above pre-pandemic levels despite significant declines in 2022. Prices are expected to continue rising in H2 due to increased land pricing and lack of land availability. CBRE Research prepares local Montreal MarketViews on the office, industrial and the retail sectors. The State of Hawaii Public Utilities Commission (Commission) will hold a virtual evidentiary hearing on Maui Electrics application for approval of a power purchase agreement with Kahana Solar, LLC, which is proposed to be built in Napili-Honokowai, on the island of Maui. Several large companies signed leases for more than 60MW, some of them exceeding 100 MW. Take-up is forecastto be 340MW New data centre supply in the four tier I Asia Pacific markets (Greater Tokyo, Sydney, Singapore and Hong Kong SAR) totalled 305MW in H2 2021. A 2021 survey found that companies were utilizing more than 100 different SaaS applications on average, a 38% increase from 2020.2. Learn more on our careers blog. Eleven of them exceeded their national high-tech job growth rate, including Vancouver, Toronto, Austin and Seattle. On January 1, 2020, the Commission officially launched the statewide Electric Vehicle Charging Station Rebate Program, which is being administered by Hawaii Energy. Richmond is a highly connected and cost-effective location for enterprise and hyperscale customers. The One Call Center system will provide advanced warning to excavators of the location of underground lines before they begin digging. 2018-0163), https://www.youtube.com/HawaiiPublicUtilitiesCommission, Notice of Public Hearing for an overhead transmission line in the Koa Ridge development area (Docket No. Nasdaq Find the ideal office, industrial or retail property for your team or source specialized spaces for multifamily, healthcare, technology and more. In our report Market Outlook 2022: Reigniting Indias Growth Engine, we delve on the sectors onward trajectory for 2022 and how factors such as technology and ESG are transforming its dynamics. January 14, 2022 The Commission will hold a Technical Conference to discuss priority topics for Phase 2 of Docket No. 2022 U.S. high-tech employment growth in 2020 & 2021, Canada high-tech employment growth in 2020 & 2021. Tech industry business and job growth remains well above the U.S. and Canadian national averages. Seven markets posted rent growth of 10% or more between Q2 2020 and Q2 2022: Vancouver, Boston, Austin, Dallas/Ft. 3PLs will expand further in 2022 as companies look to reduce direct logistics costs and avoid the hassle of finding space in record tight markets with limited labor availability. 37128 Approval of Young Brothers Temporary, Emergency Changes to its Sailing Schedule, Order No. In ons Real Estate Market Outlook rapport 2022 staan we stil bij de kansen en uitdagingen op de vastgoedmarkt. CBRE 2022 APAC Mid-Year Real Estate Market Outlook. That indicated potentially stretched stock valuations, as occurred just before the Global Financial Crisis in 2008 and the dot-com bubble bust in 2000. 38395 and the dissenting opinion, Notice of Public Hearing on the Commissions Ongoing Investigation into Performance-Based Regulation (2018-0088), PUC Issues RFI for Hawaii Electric Reliability Administrator, RESCHEDULED Docket No. The global business process outsourcing market was valued at USD 245.9 billion in 2021 and is projected to expand at a compound annual growth rate (CAGR) of 9.1% from 2022 to 2030. Watch the Status Conference live Tuesday, 4/13/2021, at 1:00pm on YouTube Live (https://www.YouTube.com/watch?v=gGXzC39KYcY). The office sector in India witnessed gross absorption of 42.1 million square feet during the nine months of 2022, registering a growth of 66 percent year-on-year (YoY). 2022 Companies based in other markets also expanded in the Bay Area for similar reasons, with the largest amounts coming from Seattle (3.0 million sq. The Hawaii Public Utilities Commission (PUC) announced four major decisions and orders that collectively provide key policy, resource planning, and operational directives to the Hawaiian Electric Companies (HECO Companies). Read More Lifestyle Hotels Report 2022: Consumer Attitudes in the Middle East . Northern Virginias under-construction total increased by 188% year-over-year to 837 MW, 76% of which is already preleased largely by hyperscalers. All primary markets saw their vacancy rates fall from a year ago, led by Silicon Valley with a nationwide-low 1.3%. On May 26, 2020, Young Brothers and the Consumer Advocate each filed letters, requesting Commission action related to Young Brothers current financial situation. Watch the Status Conference on YouTube Live (https://www.YouTube.com/watch?v=mpBiwEzPegI). This strategy is more relevant and important today with increased remote work and the need for geographically dispersed workplaces and hubs for in-person collaboration. The construction pipeline within primary markets more than doubled year-over-year to 1,601.5 MW. Source: CBRE Research, Q2 2022. The Commission will hold an Informational Briefing on the investigation into the Hoomaka Hou June 22, 2020 Incident in Hilo, Hawaii, conducted by the U.S. Coast Guard, National Transportation Safety Board, and Young Brothers LLC. ft. between Q4 2019 and Q2 2022 (Figure 9). Copyright 2022, State of Hawaii. On March 13, 2020, the Public Utilities Commission (PUC) issued an Order setting forth Emergency Filing and Service Procedures that directs parties, participants, utilities, stakeholders, and/or other entities or individuals to file all documents with the PUC electronically. As a result of the Commissions decision, Young Brothers will resume the full pre-COVID sailing schedule by Sept. 1, 2020, which will restore an additional sailing from the ports of Hilo and Kahului to Honolulu.