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Investing - Brookfield Asset Management

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Impact of Unemployment on Tenant Sales?<br />

• The GGP Malls’ demographic consists of educated middle to upper class consumers which are<br />

virtually it fully employed<br />

Total Unemployment Rate vs With College Degree<br />

10%<br />

9%<br />

9.1%<br />

8%<br />

7%<br />

6%<br />

5%<br />

4%<br />

4.3%<br />

3%<br />

2%<br />

1%<br />

0%<br />

Total<br />

w/College Degree<br />

87<br />

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

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