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Senior Property Accountant
JLL empowers you to shape a brighter way.Our people at JLL and JLL Technologies are shaping the future of real estate for a better world by combining world class services, advisory and technology for our clients. We are committed to hiring the best, most talented people and empowering them to thrive, grow meaningful careers and to find a place where they belong. Whether you’ve got deep experience…
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Palestine Action activists will argue they had “lawful justification” to commit burglary and criminal damage against a company they wanted to shut down, a court has heard. The eight defendants, including the group’s co-founders, are charged with offences relating to a campaign to put Elbit Systems’ UK arm “out of business”. Opening the prosecution case at Snaresbrook crown court in north-east London on Monday, Sally Hogan said the defendants, who are not all charged with each of the 13 counts, do not deny committing burglaries, causing damage to the outside of buildings, threatening Elbit’s landlord, Jones Lang LaSalle, in order to put the company out of business nor possession of articles with intent to cause criminal damage, but claim they were entitled to do so in law. She told the jury: “They caused damage to property, damage that caused thousands of pounds. They went into buildings as trespassers with the intent of causing damage … Why did they want to do that? They wanted to put Elbit out of business. “They say what we did was with a lawful justification and that is the stark issue for you, members of the jury [to decide upon].���
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In a landmark case, eight Palestine Action activists who used direct action to shut down the Israeli weapons trade have been acquitted of a total 12 charges which included criminal damage, burglary and encouraging criminal damage. The trial, which commenced on November 13th, related to a series of actions taken during the first 6 months of Palestine Action’s existence from July 2020 to January 2021.
Richard Barnard, co-founder of Palestine Action, was convicted by a 10-2 majority of one count of criminal damage, for an action at the now-closed Elbit Ferranti factory in Oldham. At least one member of jury later asked if they could change their verdict, but were prohibited from doing so. Lawyers will be considering appealing this conviction.
The jury failed to reach a majority decision regarding the remaining 23 charges. The CPS have until January 18th 2024 to decide if they will retry on those counts due to political pressure. Two of the Elbit Eight, Genevieve Scherer and Jocelyn Cooney, were unanimously acquitted on all charges faced. If the trial returns, the #ElbitEight will instead be the #ElbitSix.
The charges related to an occupation of Elbit Systems drone factory in Shenstone [1] and Oldham [2], actions at its weaponry factory in Kent [3], Elbit’s London offices [4, 5, 6] and the offices of Elbit’s landlords, Jones Lang LaSalle [7]. These actions were taken in order to challenge Elbit’s operations and presence in Britain, to prevent their manufacture of weapons bound for Israel. The current, unrelenting genocide against Palestinians in Gaza has now martyred over 20,000 Palestinians. Even before the trial commenced, the Eight and all other Palestine Action activists had been vindicated: leaving the court having shown that Elbit is guilty, and that we have a moral and legal obligation to shut them down.
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UK Property Predictions For 2023 – Where Is The Housing And Rental Market Going?
With some forecasters warning of somewhere between a depression and Armageddon, here are my thoughts on the UK housing market.
For more great tips and money-making ideas and coaching offers see Master Your Money the S.M.A.R.T Way training. Check it out for free - https://bit.ly/3isugCr.
The UK housing market will shrink - but not necessarily crash - next year, industry experts agree, as the government fights recession and higher mortgage rates.
House prices have been dropping month-on-month with average prices down 2.3% in November from October ��� the most since the start of the financial crash in 2008 – according to Halifax.
Price growth will decline in 2023 as soaring inflation hits the economy and forces interest rates up.
As the downturn intensifies, housing indicators are showing red with rates expected to go even higher and the UK goes into a long recession.
The Bank of England is expected to raise interest rates into 2023 from 3.5% now to 4.75%, but there are signs that the rate of inflation is slowing.
Higher interest rates will hit buy-to-let landlords and investors, as deals fail to stack up.
Move from cities to the country is slowing, as more people move back to the office.
Property experts forecast property price declines of 5% - 12% next year, although some warn of a crash by 15% to 20%.
Mortgage rates have since fallen back since the disastrous mini-budget in September to an average five-year fix at 5.6% according to Moneyfacts – still far higher than a year ago.
UK mortgage lenders expect to lend 23% less to homebuyers in 2023 following a two-year boom.
UK Finance forecast gross mortgage lending for house purchases to decline to £131bn in 2023 from £171bn in 2022 and a peak of £189bn in 2021.
Leading UK lenders have met with government officials to discuss measures to ease the burden on around 90,000 people in mortgage arrears, the FT reports.
Property sales are set to drop to 1.01m next year from 1.27m in 2022.
Savills warns of a severe drop in transactions, to 870,000, and a 10% fall in house prices in 2023.
Estate agents Jones Lang LaSalle forecasts a 6% drop in house prices next year.
Both firms expect a 1% price growth in 2024, as interest rates fall back and inflation cools.
The Nationwide expects a “modest decline” or “soft landing” in house prices next year, but lenders seldom talk of a property crash. The lender said 85% of mortgage balances are currently on fixed interest rates.
The Bank of England said 4m households face higher mortgage payments next year.
Typical payments could rise by £250 to £1,000 a month causing severe financial difficulties for 220,000 households.
Capital Economics’ central forecast is for house prices to fall by 12% by the end of 2023, but Andrew Wishart, senior economist at the consultancy, said in a worst-case scenario prices could plummet by up to 20%. “The initial drop in house prices has been sharper than in the financial crisis or the early 90s, “For affordability to return to a sustainable level by the end of 2023, when we think mortgage rates will still be around 5%, the average house price would have to drop by 20%.
On the other hand, were market and mortgage interest rates to drop faster than we expect, that would limit the fall in prices.”
Rent prices have surged to record levels due to a shortage of properties to rent and growing demand, as well as a slowing buy-to-let market and many first-time buyers are opting to rent in the hope of lower mortgage rates in 2023/24. Some 85,000 landlords have quit the buy-to-let market in the last 5 years.
See my Money Tips Podcast video - https://youtu.be/NME3nEu8dAQ
UK private rents jumped by 4% in November, the highest since records began in 2016, official figures showed.
Savills forecasts rental growth rising to 6.5% before slowing to 4% in 2024.
Globally, many markets seem overheated and, in a bubble, – Sydney and Auckland for instance.
China’s property market boom appears to be over with a 20% decline.
In my next episode, I will be talking to one of Toronto’s leading realtors about his housing predictions for 2023.
As with all economic forecasts, much depends on government action and the prevailing winds of the economy, but more rests on your action in your U’conomy!
Your goals for 2023
· How was 2022 for you?
· Did you achieve your goals?
· What are your financial goals for 2023 and how do you plan to achieve them?
I wish you a happy and successful new year!
For more tips and money-making ideas and coaching see Master Your Money the S.M.A.R.T Way training.
Check it out for free - https://bit.ly/3isugCr.
#property #rentalmarket #finance #financialfreedom #freefinancialtraining #freetraining #money #wealth #landlord #buytoletlandlord #property #goals #plans #interestrates #bankofengland
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Healthcare Facilities Management Market Business Demand and Sales Consumption: Insights into Top Manufacturers, Future Scope, and Expert Reviews, Forecast by 2032
The Competitive Landscape of the Healthcare Facilities Management Market
In today's competitive business environment, the global Healthcare Facilities Management market stands as a critical battleground for businesses seeking to carve out a niche and drive growth. As industries grapple with the complexities of this market, understanding the competitive landscape becomes paramount for strategic decision-making and success.
According to Straits Research, the global healthcare facilities management market size was valued at USD 354.67 Billion in 2022. It is projected to reach from USD XX Billion in 2023 to USD 1029.50 Billion by 2031, growing at a CAGR of 12.57% during the forecast period (2023–2031).
The global Healthcare Facilities Management market is characterized by its dynamic nature, driven by technological advancements, regulatory changes, and shifting consumer preferences. These factors, while presenting challenges, also offer businesses unique opportunities to innovate, differentiate, and thrive.
Note: We're in the process of updating our reports. If you're seeking updated primary and secondary data from 2023-2031, coupled with insights on Cost Module, Business Strategy, and Competitive Landscape, kindly click ""request free sample report."" The comprehensive report will reach you via email within 24 to 48 hours.
Download Sample of This Strategic Report@https://straitsresearch.com/report/healthcare-facilities-management-market/request-sample
Companies and Manufacturers Covered:
Key market participants play a pivotal role in shaping the competitive narrative. By profiling industry leaders, their strategic initiatives, and competitive positioning, the report offers insights into competitive dynamics, influencing factors, and growth opportunities. These insights are invaluable for businesses seeking to gain a competitive edge, differentiate their offerings, and achieve market leadership.
ABM Industries Inc.
Aramark
Iss World Services AS
Ecolab Inc.
Jones Lang Lasalle Incorporated
Medxcel Facilities Management LLC
Serco Group PLC
Sodexo
Vanguard Resources Inc.
Tenon Group
Compass Group PLC.
A recent market analysis offers a comprehensive view of the Global Healthcare Facilities Management Market, highlighting key growth drivers, emerging trends, and competitive dynamics. This report serves as a valuable resource for businesses, offering insights into market positioning, competitive strategies, and growth prospects.
Buy Now This Market Study@https://straitsresearch.com/buy-now/healthcare-facilities-management-market
The quantitative analysis accompanying the report provides stakeholders with a decade-long perspective on the market's trajectory. By examining historical data, identifying trends, and forecasting future developments, the report enables businesses to anticipate market movements, assess competitive threats, and capitalize on emerging opportunities.
Global Regional Outlook:
North America: North America is currently the largest market for Healthcare Facilities Management, accounting for a significant share of the global market.
Europe: While the North America leads in market size, Europe is emerging as the fastest growing region in the Healthcare Facilities Management market.
Research Methodology
The research methodology underpinning this report is rigorous and robust. By leveraging both primary and secondary data sources, the report ensures accuracy, reliability, and depth. Through interviews with industry experts, analysis of Healthcare Facilities Management market trends, and examination of key growth drivers, the report offers a comprehensive view of the competitive landscape.
Market Segmentation:
By Product Type
Waste Management
Security Services
Catering Services
Cleaning Services
Technical Support Services
Other Product Types
By End-User
Hospitals And Clinics
Long-term Healthcare Facilities
Other end-users
Purchase This Report (Price 4500 USD for Single User License)@https://straitsresearch.com/report/healthcare-facilities-management-market/toc
This Report Addresses:
Market intelligence to enable effective decision making
Market estimates & forecasts from 2018to 2031
Growth opportunities and trend analyses
Segment & regional revenue forecasts for market assessment
Competition strategy & market share analysis
Product innovation listing for you to stay ahead of the curve
COVID19’s impact and how to sustain in these fast-evolving markets
Market report in PDF, XLS, PPT & online dashboard versions
In conclusion, the global Healthcare Facilities Management market presents a dynamic and competitive landscape for businesses. By understanding the competitive landscape, leveraging strategic insights, and adopting a proactive approach, businesses can navigate this complex market successfully, drive growth, and achieve sustainable success.
Report Customization:
Our report is adaptable to your specific needs. For tailored insights, please reach out to our sales team at [email protected]. Additionally, you can contact our representatives directly at +1 646 905 0080 (U.S.), +44 203 695 0070 (U.K.) to discuss your research criteria.
#Healthcare Facilities Management Market#Healthcare Facilities Management Market Share#Healthcare Facilities Management Industry#Healthcare Facilities Management Market Size#Healthcare Facilities Management Market Research#What is Healthcare Facilities Management?#Healthcare Facilities Management Market Drivers#North America Healthcare Facilities Management Market#Europe Healthcare Facilities Management Market
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Servicios de gestión de instalaciones (FM), previsión del tamaño del mercado mundial, clasificación y cuota de mercado de las 21 principales empresas
Según el nuevo informe de investigación de mercado “Informe del Mercado Global del Servicios de gestión de instalaciones (FM) 2024-2030”, publicado por QYResearch, se prevé que el tamaño del mercado mundial del Servicios de gestión de instalaciones (FM) alcance 174 mil millones de USD en 2030, con una tasa de crecimiento anual constante del 6.1% durante el período de previsión.
Figure 1. Tamaño del mercado de Servicios de gestión de instalaciones (FM) global (US$ Millión), 2019-2030
Según QYResearch, los principales fabricantes mundiales de Servicios de gestión de instalaciones (FM) incluyen Sodexo, ISS Global, CB Richard Ellis, Jones Lang LaSalle (JLL), Mitie, Aramark, Atalian Global Services, BGIS, GDI Integrated Facility, Cushman & Wakefield, etc. En 2023, las diez principales entidades mundiales tenían una cuota de aproximadamente 37.0% en términos de ingresos.
Figure 2. Clasificación y cuota de mercado de las 21 principales entidades globales de Servicios de gestión de instalaciones (FM) (la clasificación se basa en los ingresos de 2023, actualizados continuamente)
Sobre QYResearch
QYResearch se fundó en California (EE.UU.) en 2007 y es una empresa líder mundial en consultoría e investigación de mercados. Con más de 17 años de experiencia y un equipo de investigación profesional en varias ciudades del mundo, QY Research se centra en la consultoría de gestión, los servicios de bases de datos y seminarios, la consultoría de OPI, la investigación de la cadena industrial y la investigación personalizada para ayudar a nuestros clientes a proporcionar un modelo de ingresos no lineal y hacer que tengan éxito. Gozamos de reconocimiento mundial por nuestra amplia cartera de servicios, nuestra buena ciudadanía corporativa y nuestro firme compromiso con la sostenibilidad. Hasta ahora, hemos colaborado con más de 60.000 clientes en los cinco continentes. Trabajemos estrechamente con usted y construyamos un futuro audaz y mejor.
QYResearch es una empresa de consultoría a gran escala de renombre mundial. La industria cubre varios segmentos de mercado de la cadena de la industria de alta tecnología, que abarca la cadena de la industria de semiconductores (equipos y piezas de semiconductores, materiales semiconductores, circuitos integrados, fundición, embalaje y pruebas, dispositivos discretos, sensores, dispositivos optoelectrónicos), cadena de la industria fotovoltaica (equipos, células, módulos, soportes de materiales auxiliares, inversores, terminales de centrales eléctricas), nueva cadena de la industria del automóvil de energía (baterías y materiales, piezas de automóviles, baterías, motores, control electrónico, semiconductores de automoción, etc.. ), cadena de la industria de la comunicación (equipos de sistemas de comunicación, equipos terminales, componentes electrónicos, front-end de RF, módulos ópticos, 4G/5G/6G, banda ancha, IoT, economía digital, IA), cadena de la industria de materiales avanzados (materiales metálicos, materiales poliméricos, materiales cerámicos, nanomateriales, etc.), cadena de la industria de fabricación de maquinaria (máquinas herramienta CNC, maquinaria de construcción, maquinaria eléctrica, automatización 3C, robots industriales, láser, control industrial, drones), alimentación, bebidas y productos farmacéuticos, equipos médicos, agricultura, etc.
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New technology’s high energy consumption exposes the “fig leaf” of the U.S. power grid
70% of the grid access, transmission and distribution facilities in the United States are aging and outdated, and grid transmission lines are even seriously insufficient in some areas. This not only makes it difficult for clean power such as "wind and solar power" to be efficiently connected to the grid, but also makes it impossible to achieve efficient power transmission.
"The United States is currently experiencing a shortage of chips, then there will be a shortage of transformers, and there will be a shortage of electricity in the future." Tesla founder and CEO Musk recently said publicly. As artificial intelligence and Bitcoin mining become increasingly popular, the industry seems to have foreseen the cruel reality that the U.S. power system simply cannot support these new technologies, and the high energy consumption crisis they bring has unveiled the "fig leaf" of the U.S. power grid.Electricity demand may hit new highs this summer
The North American Electric Reliability Association recently released its latest long-term reliability assessment forecast. Artificial intelligence, Bitcoin mining, etc. are exacerbating the tightness of U.S. power supply. This summer, U.S. electricity demand could reach its highest level since 2016, while winter demand could reach its highest level since at least 2015.
The North American Electric Reliability Association pointed out that as more and more fossil fuel power generation installations are retired, power growth will become increasingly challenging. If extreme high temperatures occur in the summer, large-scale power outages will occur again in the United States.
The U.S. Energy Information Administration regards artificial intelligence, cryptocurrency, and electric vehicles as the three major drivers of the surge in U.S. electricity demand. In its report, it predicts that U.S. electricity demand will increase to 4,099 billion kilowatt-hours in 2024, and will increase to 4,099 billion kilowatt-hours in 2025. 4,128 billion kilowatt hours. In comparison, electricity consumption in 2023 will be 4,000 billion kilowatt-hours, with the previous record being 4,003 billion kilowatt-hours in 2018.The Washington Post quoted Andy Vengeros, general manager of the data center market at global real estate consulting firm Jones Lang LaSalle, as saying: "Power companies are not ready and don't know how to handle the power surge. In fact, we We have never faced such a demand for electricity before.”
U.S. Grid Strategies noted that electric utilities and grid operators have revised their forecasts for annual electricity demand growth over the next five years to about 1.5%, the highest level since 1990.
It is understood that 70% of the grid access, transmission and distribution facilities in the United States are aging and outdated, and grid transmission lines are even seriously insufficient in some areas. This not only makes it difficult for clean power such as "wind and solar power" to be efficiently connected to the grid, but also makes it impossible to achieve efficient power transmission.
Glen Lynch, founder of the American Power Grid Strategy Consulting Company, said that the United States needs to invest at least US$20 billion in new long-distance transmission lines every year. If the power grid does not undergo large-scale modernization and upgrades, by 2030, the United States will face an irreversible power gap. "Based on our forecasts for peak summer electricity use, the United States will soon face rolling blackouts if infrastructure improvements continue to be delayed," he stressed.
Artificial intelligence consumes huge amounts of power"We can't just think about computing power, but we need to consider energy consumption more comprehensively. If we only think about computers, we need to burn the energy of 14 earths. Super artificial intelligence will become a bottomless pit of power demand." Chief Executive Officer of U.S. technology giant Nvidia Executive and artificial intelligence technology expert Jensen Huang publicly warned.
Artificial intelligence technology relies on data centers and high-performance computing based on large numbers of servers, so it is extremely power-hungry. According to data from the Boston Consulting Group, by 2030, U.S. data center electricity consumption will triple from 2022 to 390 terawatt hours, equivalent to 7.5% of U.S. electricity demand.
Sam Altman, CEO of OpenAI, an American artificial intelligence research company, said that if artificial intelligence is to reach its full potential, the world needs energy breakthroughs like nuclear fusion.
Schneider Electric estimates that by 2028, the power consumption of artificial intelligence computing centers will account for 15% to 20% of the total power consumption of data centers. Taking training the GPT-3 large language model as an example, it consumes as much as 1,287 megawatt hours of electricity and produces approximately 552 tons of carbon dioxide, which is equivalent to the carbon emissions of 123 fuel vehicles driving for one year.
The digital currency and blockchain technology website "Digital Economist" pointed out that artificial intelligence servers are heavy power-consuming equipment. The power consumed by an Nvidia DGX A100 server is equivalent to the combined power consumption of several American households, which means that for Powering millions of such devices could easily overload the grid.Bitcoin mining increases power supply pressure
At the same time, the Bitcoin mining field has entered a period of rapid development, posing greater challenges to the U.S. power supply capacity. According to data from the U.S. Energy Information Administration, the electricity consumption of Bitcoin mining activities in the United States accounts for 0.6% to 2.3% of the annual electricity consumption in the United States, which is equivalent to the annual electricity demand of 3 million to 6 million households. As of now, Bitcoin mining shows no signs of slowing down in the United States.
The Digital Economist estimates that Bitcoin mining consumes 148.63 terawatt hours of electricity per year, which is equivalent to Malaysia’s national electricity consumption, and emits 82.9 million tons of carbon dioxide per year, which is equivalent to Bangladesh’s annual carbon emissions.
In fact, tracking Bitcoin mining is not easy due to the difficulty in identifying Bitcoin mining activity among the large number of power end users and the dynamic nature of Bitcoin mining. In the Bitcoin market, mining assets can be quickly moved to areas with lower electricity prices.
As mining activity continues to surge, the U.S. government is increasingly concerned about the negative impacts of this energy-intensive nature, including stress on the grid during peak demand periods, the potential for higher electricity prices, and the impact on energy-related carbon dioxide emissions.
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New technology’s high energy consumption exposes the “fig leaf” of the U.S. power grid 70% of the grid access, transmission and distribution facilities in the United States are aging and outdated, and grid transmission lines are even seriously insufficient in some areas. This not only makes it difficult for clean power such as "wind and solar power" to be efficiently connected to the grid, but also makes it impossible to achieve efficient power transmission.
"The United States is currently experiencing a shortage of chips, then there will be a shortage of transformers, and there will be a shortage of electricity in the future." Tesla founder and CEO Musk recently said publicly. As artificial intelligence and Bitcoin mining become increasingly popular, the industry seems to have foreseen the cruel reality that the U.S. power system simply cannot support these new technologies, and the high energy consumption crisis they bring has unveiled the "fig leaf" of the U.S. power grid.Electricity demand may hit new highs this summer
The North American Electric Reliability Association recently released its latest long-term reliability assessment forecast. Artificial intelligence, Bitcoin mining, etc. are exacerbating the tightness of U.S. power supply. This summer, U.S. electricity demand could reach its highest level since 2016, while winter demand could reach its highest level since at least 2015.
The North American Electric Reliability Association pointed out that as more and more fossil fuel power generation installations are retired, power growth will become increasingly challenging. If extreme high temperatures occur in the summer, large-scale power outages will occur again in the United States.
The U.S. Energy Information Administration regards artificial intelligence, cryptocurrency, and electric vehicles as the three major drivers of the surge in U.S. electricity demand. In its report, it predicts that U.S. electricity demand will increase to 4,099 billion kilowatt-hours in 2024, and will increase to 4,099 billion kilowatt-hours in 2025. 4,128 billion kilowatt hours. In comparison, electricity consumption in 2023 will be 4,000 billion kilowatt-hours, with the previous record being 4,003 billion kilowatt-hours in 2018.The Washington Post quoted Andy Vengeros, general manager of the data center market at global real estate consulting firm Jones Lang LaSalle, as saying: "Power companies are not ready and don't know how to handle the power surge. In fact, we We have never faced such a demand for electricity before.”
U.S. Grid Strategies noted that electric utilities and grid operators have revised their forecasts for annual electricity demand growth over the next five years to about 1.5%, the highest level since 1990.
It is understood that 70% of the grid access, transmission and distribution facilities in the United States are aging and outdated, and grid transmission lines are even seriously insufficient in some areas. This not only makes it difficult for clean power such as "wind and solar power" to be efficiently connected to the grid, but also makes it impossible to achieve efficient power transmission.
Glen Lynch, founder of the American Power Grid Strategy Consulting Company, said that the United States needs to invest at least US$20 billion in new long-distance transmission lines every year. If the power grid does not undergo large-scale modernization and upgrades, by 2030, the United States will face an irreversible power gap. "Based on our forecasts for peak summer electricity use, the United States will soon face rolling blackouts if infrastructure improvements continue to be delayed," he stressed.
Artificial intelligence consumes huge amounts of power"We can't just think about computing power, but we need to consider energy consumption more comprehensively. If we only think about computers, we need to burn the energy of 14 earths. Super artificial intelligence will become a bottomless pit of power demand." Chief Executive Officer of U.S. technology giant Nvidia Executive and artificial intelligence technology expert Jensen Huang publicly warned.
Artificial intelligence technology relies on data centers and high-performance computing based on large numbers of servers, so it is extremely power-hungry. According to data from the Boston Consulting Group, by 2030, U.S. data center electricity consumption will triple from 2022 to 390 terawatt hours, equivalent to 7.5% of U.S. electricity demand.
Sam Altman, CEO of OpenAI, an American artificial intelligence research company, said that if artificial intelligence is to reach its full potential, the world needs energy breakthroughs like nuclear fusion.
Schneider Electric estimates that by 2028, the power consumption of artificial intelligence computing centers will account for 15% to 20% of the total power consumption of data centers. Taking training the GPT-3 large language model as an example, it consumes as much as 1,287 megawatt hours of electricity and produces approximately 552 tons of carbon dioxide, which is equivalent to the carbon emissions of 123 fuel vehicles driving for one year.
The digital currency and blockchain technology website "Digital Economist" pointed out that artificial intelligence servers are heavy power-consuming equipment. The power consumed by an Nvidia DGX A100 server is equivalent to the combined power consumption of several American households, which means that for Powering millions of such devices could easily overload the grid.Bitcoin mining increases power supply pressure
At the same time, the Bitcoin mining field has entered a period of rapid development, posing greater challenges to the U.S. power supply capacity. According to data from the U.S. Energy Information Administration, the electricity consumption of Bitcoin mining activities in the United States accounts for 0.6% to 2.3% of the annual electricity consumption in the United States, which is equivalent to the annual electricity demand of 3 million to 6 million households. As of now, Bitcoin mining shows no signs of slowing down in the United States.
The Digital Economist estimates that Bitcoin mining consumes 148.63 terawatt hours of electricity per year, which is equivalent to Malaysia’s national electricity consumption, and emits 82.9 million tons of carbon dioxide per year, which is equivalent to Bangladesh’s annual carbon emissions.
In fact, tracking Bitcoin mining is not easy due to the difficulty in identifying Bitcoin mining activity among the large number of power end users and the dynamic nature of Bitcoin mining. In the Bitcoin market, mining assets can be quickly moved to areas with lower electricity prices.
As mining activity continues to surge, the U.S. government is increasingly concerned about the negative impacts of this energy-intensive nature, including stress on the grid during peak demand periods, the potential for higher electricity prices, and the impact on energy-related carbon dioxide emissions.
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Capital Markets Summer 2025 Internship - Los Angeles
JLL empowers you to shape a brighter way.Our people at JLL and JLL Technologies are shaping the future of real estate for a better world by combining world class services, advisory and technology for our clients. We are committed to hiring the best, most talented people and empowering them to thrive, grow meaningful careers and to find a place where they belong. Whether you’ve got deep experience…
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New technology’s high energy consumption exposes the “fig leaf” of the U.S. power grid
70% of the grid access, transmission and distribution facilities in the United States are aging and outdated, and grid transmission lines are even seriously insufficient in some areas. This not only makes it difficult for clean power such as "wind and solar power" to be efficiently connected to the grid, but also makes it impossible to achieve efficient power transmission.
"The United States is currently experiencing a shortage of chips, then there will be a shortage of transformers, and there will be a shortage of electricity in the future." Tesla founder and CEO Musk recently said publicly. As artificial intelligence and Bitcoin mining become increasingly popular, the industry seems to have foreseen the cruel reality that the U.S. power system simply cannot support these new technologies, and the high energy consumption crisis they bring has unveiled the "fig leaf" of the U.S. power grid.Electricity demand may hit new highs this summer
The North American Electric Reliability Association recently released its latest long-term reliability assessment forecast. Artificial intelligence, Bitcoin mining, etc. are exacerbating the tightness of U.S. power supply. This summer, U.S. electricity demand could reach its highest level since 2016, while winter demand could reach its highest level since at least 2015.
The North American Electric Reliability Association pointed out that as more and more fossil fuel power generation installations are retired, power growth will become increasingly challenging. If extreme high temperatures occur in the summer, large-scale power outages will occur again in the United States.
The U.S. Energy Information Administration regards artificial intelligence, cryptocurrency, and electric vehicles as the three major drivers of the surge in U.S. electricity demand. In its report, it predicts that U.S. electricity demand will increase to 4,099 billion kilowatt-hours in 2024, and will increase to 4,099 billion kilowatt-hours in 2025. 4,128 billion kilowatt hours. In comparison, electricity consumption in 2023 will be 4,000 billion kilowatt-hours, with the previous record being 4,003 billion kilowatt-hours in 2018.The Washington Post quoted Andy Vengeros, general manager of the data center market at global real estate consulting firm Jones Lang LaSalle, as saying: "Power companies are not ready and don't know how to handle the power surge. In fact, we We have never faced such a demand for electricity before.”
U.S. Grid Strategies noted that electric utilities and grid operators have revised their forecasts for annual electricity demand growth over the next five years to about 1.5%, the highest level since 1990.
It is understood that 70% of the grid access, transmission and distribution facilities in the United States are aging and outdated, and grid transmission lines are even seriously insufficient in some areas. This not only makes it difficult for clean power such as "wind and solar power" to be efficiently connected to the grid, but also makes it impossible to achieve efficient power transmission.
Glen Lynch, founder of the American Power Grid Strategy Consulting Company, said that the United States needs to invest at least US$20 billion in new long-distance transmission lines every year. If the power grid does not undergo large-scale modernization and upgrades, by 2030, the United States will face an irreversible power gap. "Based on our forecasts for peak summer electricity use, the United States will soon face rolling blackouts if infrastructure improvements continue to be delayed," he stressed.
Artificial intelligence consumes huge amounts of power"We can't just think about computing power, but we need to consider energy consumption more comprehensively. If we only think about computers, we need to burn the energy of 14 earths. Super artificial intelligence will become a bottomless pit of power demand." Chief Executive Officer of U.S. technology giant Nvidia Executive and artificial intelligence technology expert Jensen Huang publicly warned.
Artificial intelligence technology relies on data centers and high-performance computing based on large numbers of servers, so it is extremely power-hungry. According to data from the Boston Consulting Group, by 2030, U.S. data center electricity consumption will triple from 2022 to 390 terawatt hours, equivalent to 7.5% of U.S. electricity demand.
Sam Altman, CEO of OpenAI, an American artificial intelligence research company, said that if artificial intelligence is to reach its full potential, the world needs energy breakthroughs like nuclear fusion.
Schneider Electric estimates that by 2028, the power consumption of artificial intelligence computing centers will account for 15% to 20% of the total power consumption of data centers. Taking training the GPT-3 large language model as an example, it consumes as much as 1,287 megawatt hours of electricity and produces approximately 552 tons of carbon dioxide, which is equivalent to the carbon emissions of 123 fuel vehicles driving for one year.
The digital currency and blockchain technology website "Digital Economist" pointed out that artificial intelligence servers are heavy power-consuming equipment. The power consumed by an Nvidia DGX A100 server is equivalent to the combined power consumption of several American households, which means that for Powering millions of such devices could easily overload the grid.Bitcoin mining increases power supply pressure
At the same time, the Bitcoin mining field has entered a period of rapid development, posing greater challenges to the U.S. power supply capacity. According to data from the U.S. Energy Information Administration, the electricity consumption of Bitcoin mining activities in the United States accounts for 0.6% to 2.3% of the annual electricity consumption in the United States, which is equivalent to the annual electricity demand of 3 million to 6 million households. As of now, Bitcoin mining shows no signs of slowing down in the United States.
The Digital Economist estimates that Bitcoin mining consumes 148.63 terawatt hours of electricity per year, which is equivalent to Malaysia’s national electricity consumption, and emits 82.9 million tons of carbon dioxide per year, which is equivalent to Bangladesh’s annual carbon emissions.
In fact, tracking Bitcoin mining is not easy due to the difficulty in identifying Bitcoin mining activity among the large number of power end users and the dynamic nature of Bitcoin mining. In the Bitcoin market, mining assets can be quickly moved to areas with lower electricity prices.
As mining activity continues to surge, the U.S. government is increasingly concerned about the negative impacts of this energy-intensive nature, including stress on the grid during peak demand periods, the potential for higher electricity prices, and the impact on energy-related carbon dioxide emissions.
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Gestión de propiedades de instalaciones, previsión del tamaño del mercado mundial, clasificación y cuota de mercado de las 20 principales empresas
Según el nuevo informe de investigación de mercado “Informe del Mercado Global del Gestión de propiedades de instalaciones 2024-2030”, publicado por QYResearch, se prevé que el tamaño del mercado mundial del Gestión de propiedades de instalaciones alcance 26.67 mil millones de USD en 2030, con una tasa de crecimiento anual constante del 6.0% durante el período de previsión.
Figure 1. Tamaño del mercado de Gestión de propiedades de instalaciones global (US$ Millión), 2019-2030
Figure 2. Clasificación y cuota de mercado de las 20 principales entidades globales de Gestión de propiedades de instalaciones (la clasificación se basa en los ingresos de 2023, actualizados continuamente)
Según QYResearch, los principales fabricantes mundiales de Gestión de propiedades de instalaciones incluyen Aramark, Sodexo, CB Richard Ellis (CBRE), Emcor Group, Jones Lang LaSalle, Cushman & Wakefield, Lessen, OCS Group, BGIS, Apleona GmbH, etc. En 2023, las diez principales entidades mundiales tenían una cuota de aproximadamente 36.0% en términos de ingresos.
Sobre QYResearch
QYResearch se fundó en California (EE.UU.) en 2007 y es una empresa líder mundial en consultoría e investigación de mercados. Con más de 17 años de experiencia y un equipo de investigación profesional en varias ciudades del mundo, QY Research se centra en la consultoría de gestión, los servicios de bases de datos y seminarios, la consultoría de OPI, la investigación de la cadena industrial y la investigación personalizada para ayudar a nuestros clientes a proporcionar un modelo de ingresos no lineal y hacer que tengan éxito. Gozamos de reconocimiento mundial por nuestra amplia cartera de servicios, nuestra buena ciudadanía corporativa y nuestro firme compromiso con la sostenibilidad. Hasta ahora, hemos colaborado con más de 60.000 clientes en los cinco continentes. Trabajemos estrechamente con usted y construyamos un futuro audaz y mejor.
QYResearch es una empresa de consultoría a gran escala de renombre mundial. La industria cubre varios segmentos de mercado de la cadena de la industria de alta tecnología, que abarca la cadena de la industria de semiconductores (equipos y piezas de semiconductores, materiales semiconductores, circuitos integrados, fundición, embalaje y pruebas, dispositivos discretos, sensores, dispositivos optoelectrónicos), cadena de la industria fotovoltaica (equipos, células, módulos, soportes de materiales auxiliares, inversores, terminales de centrales eléctricas), nueva cadena de la industria del automóvil de energía (baterías y materiales, piezas de automóviles, baterías, motores, control electrónico, semiconductores de automoción, etc.. ), cadena de la industria de la comunicación (equipos de sistemas de comunicación, equipos terminales, componentes electrónicos, front-end de RF, módulos ópticos, 4G/5G/6G, banda ancha, IoT, economía digital, IA), cadena de la industria de materiales avanzados (materiales metálicos, materiales poliméricos, materiales cerámicos, nanomateriales, etc.), cadena de la industria de fabricación de maquinaria (máquinas herramienta CNC, maquinaria de construcción, maquinaria eléctrica, automatización 3C, robots industriales, láser, control industrial, drones), alimentación, bebidas y productos farmacéuticos, equipos médicos, agricultura, etc.
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Services de Gestion des Installations, Prévisions de la Taille du Marché Mondial, Classement et Part de Marché des 21 Premières Entreprises
Selon le nouveau rapport d'étude de marché “Rapport sur le marché mondial de Services de Gestion des Installations 2024-2030”, publié par QYResearch, la taille du marché mondial de Services de Gestion des Installations devrait atteindre 174000 millions de dollars d'ici 2030, à un TCAC de 6,1% au cours de la période de prévision.
Figure 1. Taille du marché mondial de Services de Gestion des Installations (en millions de dollars américains), 2019-2030
Figure 2. Classement et part de marché des 21 premiers acteurs mondiaux de Services de Gestion des Installations (Le classement est basé sur le chiffre d'affaires de 2023, continuellement mis à jour)
Selon QYResearch, les principaux fabricants mondiaux de Services de Gestion des Installations comprennent Sodexo, ISS Global, CB Richard Ellis, Jones Lang LaSalle (JLL), Mitie, Aramark, Atalian Global Services, BGIS, GDI Integrated Facility, Cushman & Wakefield, etc. En 2023, les dix premiers acteurs mondiaux détenaient une part d'environ 37,0% en termes de chiffre d'affaires.
À propos de QYResearch
QYResearch a été fondée en 2007 en Californie aux États-Unis. C'est une société de conseil et d'étude de marché de premier plan à l'échelle mondiale. Avec plus de 17 ans d'expérience et une équipe de recherche professionnelle dans différentes villes du monde, QYResearch se concentre sur le conseil en gestion, les services de base de données et de séminaires, le conseil en IPO, la recherche de la chaîne industrielle et la recherche personnalisée. Nous société a pour objectif d’aider nos clients à réussir en leur fournissant un modèle de revenus non linéaire. Nous sommes mondialement reconnus pour notre vaste portefeuille de services, notre bonne citoyenneté d'entreprise et notre fort engagement envers la durabilité. Jusqu'à présent, nous avons coopéré avec plus de 60 000 clients sur les cinq continents. Coopérons et bâtissons ensemble un avenir prometteur et meilleur.
QYResearch est une société de conseil de grande envergure de renommée mondiale. Elle couvre divers segments de marché de la chaîne industrielle de haute technologie, notamment la chaîne industrielle des semi-conducteurs (équipements et pièces de semi-conducteurs, matériaux semi-conducteurs, circuits intégrés, fonderie, emballage et test, dispositifs discrets, capteurs, dispositifs optoélectroniques), la chaîne industrielle photovoltaïque (équipements, cellules, modules, supports de matériaux auxiliaires, onduleurs, terminaux de centrales électriques), la chaîne industrielle des véhicules électriques à énergie nouvelle (batteries et matériaux, pièces automobiles, batteries, moteurs, commande électronique, semi-conducteurs automobiles, etc.), la chaîne industrielle des communications (équipements de système de communication, équipements terminaux, composants électroniques, frontaux RF, modules optiques, 4G/5G/6G, large bande, IoT, économie numérique, IA), la chaîne industrielle des matériaux avancés (matériaux métalliques, polymères, céramiques, nano matériaux, etc.), la chaîne industrielle de fabrication de machines (machines-outils CNC, machines de construction, machines électriques, automatisation 3C, robots industriels, lasers, contrôle industriel, drones), l'alimentation, les boissons et les produits pharmaceutiques, l'équipement médical, l'agriculture, etc.
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Vietnam Facility Management Market Insight, Outlook, Report 2023-2030
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Vietnam Facility Management Market size at USD 275.19 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the Vietnam Facility Management Market size to expand at a CAGR of 5.09% reaching a value of USD 348.34 million by 2030. An increasing demand for better working conditions to increase productivity and satisfaction, as well as the expansion of construction activities, are major development factors for the Vietnam Facility Management Market. It is also projected that the market will witness lucrative growth opportunities due to the growing utilization of cloud-based solutions and sophisticated monitoring tools.
Opportunity - Increasing number of infrastructure development projects
Economic expansion greatly depends on the development of infrastructure. As a result, the Vietnamese government is investing heavily in various infrastructure development projects. Airports, metros, railroads, highways, and other forms of transportation are being constructed to improve the infrastructure supporting transportation. It is propelling the growth in the country's facility management industry. In addition, the number of privately held spaces, including real estate, movie theaters, and retail malls, is growing, making facility management services necessary to guarantee smooth operation.
Sample Request @ https://blueweaveresearchblog.com/2024/06/20/vietnam-facility-management-market-size-set-to-grow-at-steady-cagr-of-5-09/
Vietnam Facility Management Market
Segmental Coverage
Vietnam Facility Management Market – By End User
Based on end users, the Vietnam Facility Management Market is segmented into commercial, institutional, public/infrastructure, industrial, and others. The public/infrastructure segment dominates the Vietnam Facility Management Market. Facility management services have a high demand among public institutions, such as schools and hospitals, to ensure the safety and functionality of these spaces. In addition, stringent government regulations and rising investments in modernizing public infrastructure are also projected to drive the Vietnam Facility Management Market over the forecast period.
Competitive Landscape
Major players operating in the Vietnam Facility Management Market include CBRE Group Inc., Jones Lang LaSalle Incorporated, RCR Vietnam, Sodexo Inc., ADEN Vietnam, ATALIAN Global Services, AEON Delight, PMC, and P. Dussmann Co Ltd. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
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China’s Export Growth Offers Economic Relief
Source – Reuters
Sustained Growth Amid Global Challenges
China’s export sector demonstrated impressive growth for the second consecutive month in May, suggesting that Chinese manufacturers are successfully finding overseas buyers despite ongoing economic challenges. This export resilience offers some respite to the nation’s economy as it strives for a sustainable recovery. However, the longevity of this export momentum remains uncertain due to a prolonged property crisis that has significantly weakened domestic demand, a trend highlighted by last month’s import data.
Strong Export Performance
Bruce Pang, the chief China economist at Jones Lang LaSalle, noted that the robust year-to-date growth in China’s exports in May is largely due to the country’s significant global market share, favorable yuan exchange rates, and exporters accelerating shipments ahead of anticipated tariff hikes in key export markets.
According to customs data released on Friday, outbound shipments from the world’s second-largest economy grew by 7.6% year-on-year in May. This surpassed the forecasted 6.0% increase and a modest 1.5% rise observed in April. The growth was also likely boosted by a lower base of comparison from the previous year when rising interest rates and inflation in the U.S. and Europe dampened external demand.
Domestic Demand Concerns
Despite the positive export figures, domestic demand continues to show signs of fragility. Imports increased by only 1.8% in May, down from an 8.4% jump the previous month, underscoring the weakness in domestic consumption. Recent data has painted a mixed picture of the $18.6 trillion economy’s recovery, with various sectors rebounding at different paces. While the first quarter saw stronger-than-expected growth and promising export and output data in March, more recent indicators suggest that soft domestic consumption is dampening earlier optimism.
Economic Policy and Outlook
May’s commodity import data further highlighted the mixed domestic demand, with year-on-year declines in crude oil and soybean purchases, while copper and iron ore imports saw increases. The ongoing property sector crisis remains a significant drag on China’s economy, affecting investor and consumer confidence and hampering business activity. Nonetheless, the latest trade data offers some relief to policymakers as they work towards fostering a broad-based economic recovery. Analysts anticipate additional policy support measures from China in the near term, with a government pledge to boost fiscal stimulus expected to help bolster domestic demand.
The International Monetary Fund (IMF) recently raised its growth forecast for China to align with Beijing’s target of around 5% for 2024 but cautioned about potential risks from the property sector issues. Meanwhile, China’s stock market saw declines as positive export numbers were overshadowed by news of U.S. lawmakers pushing to ban Chinese battery firms with ties to major automakers like Ford and Volkswagen from exporting to the U.S.
Hi-Tech Sector Boost
The electronics sector played a notable role in China’s export growth, with integrated circuits exports rising by 28.4% year-on-year in May. This surge aligns with strong chip shipments from South Korea, indicating a potential global upturn in the electronics market. Despite Western criticism of China’s industrial overcapacity in advanced and green sectors, Beijing has refuted such claims, accusing the U.S. and EU of trade protectionism.
China’s trade surplus grew to $82.62 billion in May, surpassing forecasts and the previous month’s figure. This surplus has been frequently highlighted by the U.S. as evidence of one-sided trade favoring China. Despite new U.S. tariffs on $18 billion worth of Chinese exports, including a significant increase in new energy vehicles, analysts believe China’s exports will remain robust, driven by a weaker exchange rate and exporters rushing to ship goods before tariffs take effect.
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Forecasting Future Growth: Analyzing the Scope and Outlook of the Property Management Service Market
Overview and Scope Property management services refer to the professional management of real estate properties on behalf of property owners. These services typically include tasks such as financial planning and analysis and tenant relations, aimed at maximizing the value and profitability of the property while minimizing the owner's involvement in day-to-day operations. Sizing and Forecast The property management service market size has grown strongly in recent years. It will grow from $14.36 billion in 2023 to $15.52 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The property management service market size is expected to see strong growth in the next few years. It will grow to $21.28 billion in 2028 at a compound annual growth rate (CAGR) of 8.2%. To access more details regarding this report, visit the link: https://www.thebusinessresearchcompany.com/report/property-management-service-global-market-report Segmentation & Regional Insights The property management service market covered in this report is segmented – 1) By Service: Rent Collection, Mortgage And Utility Payment, Leasing, Legal And Accounting Services, Repair And Maintenance, Other Services 2) By Property Type: Residential, Commercial, Industrial, Special Purpose Properties 3) By End Users: Property Managers Or Agents, Housing Associations North America was the largest region in the property management service market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the property management service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. Intrigued to explore the contents? Secure your hands-on sample copy of the report: https://www.thebusinessresearchcompany.com/sample.aspx?id=14782&type=smp Major Driver Impacting Market Growth The increasing demand for residential buildings is expected to propel the growth of the property management service market going forward. A residential building is a structure designed and constructed to serve as a dwelling place for individuals and families, providing a space for living, sleeping, and daily activities. The increasing demand for residential buildings is driven by various factors, such as population growth, low mortgage rates, and changing lifestyle preferences. Residential buildings utilize property management services to streamline operations, ensure tenant satisfaction, and maintain the value of their assets.
Key Industry Players Major companies operating in the property management service market are Vanke Co. Ltd., International Business Machines Corporation, Evergrande Group, SAP SE, Jones Lang LaSalle Incorporated, Poly Property Group Co. Ltd., Colliers International Group Inc., Trimble Inc., Mapletree Investments Pte Ltd, Savills Singapore Pte Ltd, Yardi Systems Inc., RealPage Inc., AppFolio Inc., Entrata Inc., Southern Management Corporation. The property management service market report table of contents includes: 1. Executive Summary 2. Market Characteristics 3. Market Trends And Strategies 4. Impact Of COVID-19 5. Market Size And Growth 6. Segmentation 7. Regional And Country Analysis . . . 27. Competitive Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis Contact Us: The Business Research Company Europe: +44 207 1930 708 Asia: +91 88972 63534 Americas: +1 315 623 0293 Email: [email protected] Follow Us On: LinkedIn: https://in.linkedin.com/company/the-business-research-company Twitter: https://twitter.com/tbrc_info Facebook: https://www.facebook.com/TheBusinessResearchCompany YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ Blog: https://blog.tbrc.info/ Healthcare Blog: https://healthcareresearchreports.com/ Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
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Jones Lang Lasalle Incorporated Bounces Back with Strong Profitability in First Quarter of 2024 Earnings Season $JLL #Real Estate Operations #NYSE
Real Estate Operations Company Sees Revenue Surge and Impressive Earnings Per Share GrowthJones Lang Lasalle Incorporated, a prominent Real Estate Operations company, has shown significant improvement in its revenue and profitability during the first quarter of the 2024 earnings season. The company experienced a revenue increase of 8.674% year on year, reaching $5.12 billion. This growth has led to a display of earnings per share amounting to $1.37. Comparatively, these positive results stand in
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