Investor Presentaiton

CHINESE ONLY AT THE START OF INVESTMENT DIVERSIFICATION ...repeat of Japan looks less likely? 200 180 160 140 읍 120 100 80 Foreign Investment in Australia - Japan and China Major sectors Mining Manufacturing 50% of Japanese 60 investment into real 40 estate 20 0 Japanese investment halted after 1990 during the "lost decade" 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 Major sectors Mining Real estate (almost 50%) CBRE China investment -Japan investment 26 Source: FIRB, ABS, CBRE Research CBRE | AUSTRALIAN COMMERCIAL PROPERTY

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