Reworking Lease Expires

OVER-RENTING ACROSS MOST OF THE REGION

Level of over- or under-renting for leases expiring in Q2 2024

15%

Under-rented

10%

5%

0%

-5%

-10%

-15%

-20%

-25%

-30%

Over-rented

-35%

Source: Cushman & Wakefield

7

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