1、050,000100,000150,000200,0001,200,0001,250,0001,300,0001,350,0001,400,0001,450,0001,500,0001,550,0001,600,000Jun-12Dec-12Jun-13Dec-13Jun-14Dec-14Jun-15Dec-15Jun-16Dec-16Jun-17Dec-17Jun-18Dec-18Jun-19Dec-19Jun-20Dec-20Jun-21Dec-21Jun-22Dec-22Jun-23Dec-23Jun-24sqmsqmTotal Area(sqm)(lhs)Vacant Area(sqm

2、)(rhs)0%2%4%6%8%10%12%14%16%18%20%Jun-12Dec-12Jun-13Dec-13Jun-14Dec-14Jun-15Dec-15Jun-16Dec-16Jun-17Dec-17Jun-18Dec-18Jun-19Dec-19Jun-20Dec-20Jun-21Dec-21Jun-22Dec-22Jun-23Dec-23Jun-24Vacancy RatePrimeSecondaryTotal0%1%2%3%4%5%6%7%Jun-12Dec-12Jun-13Dec-13Jun-14Dec-14Jun-15Dec-15Jun-16Dec-16Jun-17Dec

3、-17Jun-18Dec-18Jun-19Dec-19Jun-20Dec-20Jun-21Dec-21Jun-22Dec-22Jun-23Dec-23Jun-24Vacancy rate05,00010,00015,00020,00025,00030,00035,000PremiumGrade AGrade BGrade CGrade DSqm20222023H1 202401234567010,00020,00030,00040,00050,00060,00020242025202620272028Number of New DevelopmentsSqmConfirmed New Offi

4、ce Supply(lhs)Unconfirmed New Office Supply(lhs)Number of New Developments(rhs)010,00020,00030,00040,00050,00060,00020242025202620272028SqmPre-committed spaceUncommitted spaceUncomitted space in unconfirmed supply05,00010,00015,00020,00025,00030,00020242025202620272028SqmBackfill VacancyUncommitted

5、space of New Supply05,00010,00015,00020,00025,00030,000SqmPremiumGrade AGrade BGrade CGrade D0%5%10%15%20%ChristchurchWellingtonBrisbaneCanberraAucklandSydneyPerthMelbourneAdelaide Copyright 2024.All rights reserved.This report has been prepared in good faith,based on CBREs current anecdotal and evi

6、dence based views of the commercial real estate market.Although CBRE believes its views reflect market conditions on the date of this presentation,they are subject to significant uncertainties and contingencies,many of which are beyond CBREs control.In addition,many of CBREs views are opinion and/or

7、 projections based on CBREs subjective analyses of current market circumstances.Other firms may have different opinions,projections and analyses,and actual market conditions in the future may cause CBREs current views to later be incorrect.CBRE has no obligation to update its views herein if its opi

8、nions,projections,analyses or market circumstances later change.Nothing in this report should be construed as an indicator of the future performance of CBREs securities or of the performance of any other companys securities.You should not purchase or sell securitiesof CBRE or any other companybased

9、on the views herein.CBRE disclaims all liability for securities purchased or sold based on information herein,and by viewing this report,you waive all claims against CBRE as well as against CBREs affiliates,officers,directors,employees,agents,advisers and representatives arising out of the accuracy,completeness,adequacy or your use of the information herein.