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

LATIN AMERICA

MARKETS MARKET INDICATORS

BOGOTÁ

CARACAS

MEXICO CITY

RIO DE JANEIRO

Job Growth

20 40

100 150 200

100 150 200 250

-120 -60 0 60 120 Thousand people

-40 -20 0

0 50

0 50

Thousand people

Thousand people

Thousand people

Office Absorption

400

-80 -40 0 40 Thousand sq m

100 150 200

40 80

300

-80 -40 0

0 50

Thousand sq m

Thousand sq m

Thousand sq m

200

Office Vacancy

0% 10% 20% 30%

0% 10% 20% 30% 40%

0% 10% 20% 30%

0% 20% 40% 60%

Rent Growth (Q2 15 - Q2 16)

20%

20%

20%

20%

15%

15%

15%

15%

10%

10%

10%

10%

5%

5%

5%

5%

0%

0%

0%

0%

-0.8%

-13.3%

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

20% 30% 40% 50% 0% 10%

20% 30% 40% 50% 0% 10%

20% 30% 40% 50% 0% 10%

20% 30% 40% 50% 0% 10%

Rent Growth Forecast (Q2 16 - Q2 17)

Pipeline (Completions - Q2 16 - Q4 18)

1,592,563 sq m

401,177 sq m

677,302 sq m

168,840 sq m

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

22 / Oil: The Commodity We Love to Hate