Office Valuation

(annualized capital value growth for selected national office markets in local currencies) *Latest available is June 2016 for all countries except Japan and New Zealand, which are shown as of March 2016. Source: MSCI

(annualized capital value growth for selected national office markets in local currencies)

*Latest available is June 2016 for all countries except Japan and New Zealand which are shown as of March 2016. Source: MSCI

*Latest available is June 2016 for all countries except Japan and New Zealand, which are shown as of March 2016. Source: MSCI