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Oil: The Commodity We Love to Hate

BOGOTÁ

CARACAS

RIO DE JANEIRO

MEXICO CITY

MARKETS

MARKET INDICATORS

Office Absorption

Landlord/Tenant (Q2 16) ( 5 year average availability ratio)

Pipeline (Completions - Q2 16 - Q4 18)

Rent Growth Forecast (Q2 16 - Q2 17)

Rent Growth (Q2 15 - Q2 16)

Office Vacancy

Job Growth

0%

5%

10%

15%

20%

0%

5%

10%

15%

20%

0%

5%

10%

15%

20%

0%

5%

10%

15%

20%

20%

30%

40%

50%

0%

10%

20%

30%

40%

50%

0%

10%

20%

30%

40%

50%

0%

10%

20%

30%

40%

50%

0%

10%

Source: National Statistics Bureau, Oxford Economics, Cushman & Wakefield Research

677,302 sq m

168,840 sq m

401,177 sq m

1,592,563 sq m

LATIN AMERICA

-13.3%

-0.8%

0%

10%

20%

30%

40%

0%

10%

20%

30%

0%

10%

20%

30%

0%

20%

40%

60%

0

50

100

150

200

250

Thousand people

0

50

100

150

200

Thousand sq m

-80

-40

0

40

Thousand sq m

200

300

400

Thousand sq m

-80

-40

0

40

80

Thousand sq m

-120

-60

0

60

120

Thousand people

-40

-20

0

20

40

Thousand people

0

50

100

150

200

Thousand people