Cushman & Wakefield Occupier Research - Oil: The Commodity We Love to Hate

CANADA

4.8% of global oil production comes from Canada.

18.8%

26.6%

St. John’s

14.9%

Edmonton

Calgary

Size of bubble represents energy sector contribution to total city GDP

Source: EIA, BP, Statistics Canada, Moody’s Analytics, Cushman & Wakefield Research

Top Energy Markets - Oil Price Boom

Job Growth Ranking*

Vacancy Rate Ranking (12 Cities) Q2 14

Rent Growth Ranking (12 Cities) Q1 09 - Q2 14

OIL PRICES: WHERE THEY WERE

$0 $20 $40 $60 $80 $100 $120

Calgary

3 2

2 7

2

Edmonton St. John’s

12

1

1

1

* (12 Cities) 01/01/09-12/31/13

$ per barrel (Brent)

Jul-11

Feb-11

Dec-11

Jan-14

Oct-12

Jun-14

Mar-13

Apr-10

Sep-10

May-12

Aug-13

Jan-09

Jun-09

Nov-09

Top Energy Markets - Oil Price Correction

Job Growth Ranking*

Vacancy Rate Ranking (14 Cities) Q2 16

Rent Growth Ranking (14 Cities) Q2 14 - Q2 16

OIL PRICES: WHERE THEY ARE

$0 $20 $40 $60 $80 $100 $120

Calgary

8 4 11

12

14 10

Edmonton St. John’s

7

10

9

* (13 Cities) 01/01/14-12/31/15 Source: Statistics Canada, Cushman & Wakefield Research

$ per barrel (Brent)

Jun-15

Jun-16

Oct-15

Apr-15

Oct-14

Apr-16

Feb-15

Dec-15

Feb-16

Dec-14

Aug-15

Aug-16

Aug-14

Source: EIA, Cushman & Wakefield Research

16 / Oil: The Commodity We Love to Hate