Investor Presentaiton

FOREIGN INVESTORS HAVE BEEN NET ACQUIRERS OF COMMERCIAL PROPERTY SINCE 2007 Foreign Net Commercial Property Purchases - Cumulative position since 2005 AUD Billion 24 21 ■Retail ■ Industrial ■ Office 18 15 12 6 6 3 0 -3 2005 Source: CBRE Research CBRE 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 8 CBRE | AUSTRALIAN COMMERCIAL PROPERTY

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