Australian Logistics & Industrial Capital Markets Outlook 2025

LOGISTICS & INDUSTRIAL OUTLOOK 2025

AUSTRALIA’S LEADING ECONOMIC FUNDAMENTALS AUSTRALIA’S LEADING ECONOMIC FUNDAMENTALS AUSTRALIA’S LEADING ECONOMIC FUNDAMENTALS Australia has been one of the best performing economies over the past 30-years with this outperformance forecast to remain Australia has been one of the best performing economies over the past 30 years with this outperformance forecast to remain. Australia has been one of the best performing economies over the past 30 years with this outperformance forecast to remain. GDP Growth Forecast (Total Growth 2024 – 2034)

Popula Popula marke Populatio markets o

-4.0% -2.0% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 16.0%

Australia United States South Korea Australia United States Canada South Korea France G12 Average United Kingdom Spain Netherlands Germany Italy Japan Canada France Spain United Kingdom Netherlands Italy Germany Japan

6%

Populatio

GDP Growth Forecast (2024 – 2034)

10% 10%

-4.0% -2.0% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 16.0%

6.0%

11%

10.0% 10.0%

14% 14%

11.0%

14.0% 14.0%

15%

18% 18%

15.0% 14.9%

21%

- 2014-2024 Population Growth

18.0% 18.0%

27%

21.0%

0%

5%

10%

15%

20% 25% 30%

-10.0% 2014-2024 Population Growth

26.7%

Australia has the 5th most valuable pension system globally, currently valued at over US $2.4 trillion, equivalent to 145% of GDP Top Global Pension Markets by Asset Value (USD billions - 2023) Australia has the 5th most valuable pension system globally, currently valued at over US $2.4 trillion, equivalent to 145% of GDP. Australia has the 5th most valuable pension system globally, currently valued at over US $2.4 trillion, equivalent to 145% of GDP. 0% 5% 10% 15% 20% 25% 30%

High and w Medi $50,0 $100,0 $150,0 $200,0 $250,0 $300,0 $350,0 $400,0

High we and war

Top Global Pension Markets by Asset Value (USD billions - 2023) Top Global Pension Markets by Asset Value (USD billions) Market

Median W

Size of Market (USD trillion) $35,600 Size of Market (USD trillion)

$250,000

US Market

Japan

$3,385 $3,206 $3,105 $2,448 $1,737

$200,000

US

$35,600 $3,385 $3,206 $3,105 $2,448 $1,737

UK Japan

$150,000

Canada

UK

Australia

$100,000

Canada

Netherlands Switzerland South Korea

Australia

$50,000

$1,361 $1,102 $596 $423

Germany South Korea Netherlands Switzerland

$0

$1,361 $1,102 $596 $423

Lux

China Germany

Cushman & Wakefield

Belg

China

Cushman & Wakefield

Source: Oxford Economics, Thinking Ahead Institute, UBS, Cushman & Wakefield Resear

Source: Oxford Economics, Thinking Ahead Institute, UBS, Cushman & Wakefield Research

Source: Oxford Economics, Thinking Ahead Institute, UBS, Cushman & Wakefield Research