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

APAC

7.1%

11.9%

Mumbai

1.5%

Kuala Lumpur

4.4% of global oil production comes from APAC

Singapore

Jakarta

1.2%

Perth

Size of bubble represents energy sector contribution to total city GDP

30.1%

Note: APAC excluding Greater China Source: EIA, BP, National Statistics Bureaus, Cushman & Wakefield Research

Top Energy Markets - Oil Price Boom

Employed Population Ranking*

Job Growth Ranking*

Vacancy Rate Ranking (5 cities) Q2 14

Rent Growth Ranking (5 cities) Q1 09 - Q2 14

OIL PRICES: WHERE THEY WERE

Mumbai

1

5

5 4

5 2 4

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

Kuala Lumpur

7 4 3 11

1

Singapore

2 6 4

1

Jakarta

2 3

1

Perth

3

*(14 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

Employed Population Ranking *

Job Growth Ranking*

Vacancy Rate Ranking (5 cities) Q2 16

Rent Growth Ranking (5 cities) Q2 14 - Q2 16

OIL PRICES: WHERE THEY ARE

Mumbai

1

1

3 4

1

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

Kuala Lumpur

13

7 4 3 11

3 4 2 5

Singapore

2

1

Jakarta

12

5 2

Perth

11

*(14 Cities) 01/01/14-12/31/14 Source: Oxford Economics, 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

28 / Oil: The Commodity We Love to Hate