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Investing - Brookfield Asset Management

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Leasing Spreads – Volumes and Comparative Cash Lease Spreads<br />

Square<br />

Feet Leased<br />

(in<br />

millions)<br />

3.0<br />

25 2.5<br />

2.0<br />

1.5<br />

1.0<br />

0.5<br />

-<br />

Commencement 2011 Commencement 2012<br />

2.9<br />

2.2<br />

1.5<br />

1.2<br />

0.9<br />

0.8<br />

0.6<br />

0.4<br />

0.1 0.2 0.1 0.3<br />

Renewal New<br />

New < 9 months Renewal New New < 9 months<br />

$20<br />

$15<br />

PSF Spread<br />

$<br />

$10<br />

$5<br />

$-<br />

$7.45<br />

N/A<br />

$(3.89) $(3.85)<br />

$0.31<br />

$(2.50)<br />

$5.02<br />

N/A<br />

$19.32<br />

$0.45<br />

$(5)<br />

$(10)<br />

Renewal New New < 9 months Renewal New New < 9 months<br />

Leased prior to 2011 Leased post 2011<br />

84<br />

| <strong>Brookfield</strong> <strong>Asset</strong> <strong>Management</strong> Inc.

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