Investor Presentaiton

CBRE 60% 50% 40% 30% 20% 10% 0% China MORE THAN JUST INVESTMENT CAPITAL – FOREIGN RETAIL BRAND PENETRATION IS GROWING - STILL SOME WAY TO GO ...retailers diversifying globally Foreign Retail Brand Penetration Singapore Hong Kong Japan Malaysia Korea Taiwan *Number of foreign retailers operating in a country as identified by CBRE divided by total foreign retailers in APAC region Source: CBRE Research, August 2015 15 Cambodia CBRE | AUSTRALIAN COMMERCIAL PROPERTY

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