2nd Q Market Report 2013 - NAI Mexico

GlobalNAI Latin America& The Caribbean2Q Market Report 2013PRIME RENTS PRIME YIELDSMarket Office Retail Industrial/WarehouseLocal* US$/M 2 /Mo Trend Local* US$/M 2 /Mo Trend Local* US$/M 2 /Mo Trend Office (%) Trend Retail (%) Trend Industrial (%) TrendArgentina ,Buenos Aires 160 30 Down 220 40 Down 42 8 Stable 7 Stable 6 Stable 10 StableBahamas, NassauDowntown 29.89 29.89 Stable 37.22 37.22 Stable 13.45 13.45 Stable 9 Stable 10 Stable 10 StableSuburban 30.55 30.55 Stable 18.32 18.32 Stable 10.76 10.76 Stable 9 Stable 10 Stable 10 StableBrazil,Rio de Janeiro 102,00 44.99 Stable 150,00 74.26 Stable 28.54 14.13 Stable 8.5-11 Up 9-10.5 Up 9-11 UpSão Paulo 112,00 49.40 Stable 160,00 79.21 Stable 21.50 10.64 Stable 8.5-11 Up 9-10.5 Up 9-11 UpColombia,Bogota 77,354 38.61 Stable 208.612 108.31 Stable 14.900 7.74 Stable 7.5 Stable 8 Stable 7.5 StableCosta Rica,San Jose 8,830.8 17.84 Up 8,939.7 18.06 Down 3,177.9 6.42 Down 10 Stable 11 Stable 11 StableChile,Santiago 14,854 29.5 Stable 28,566 56.7 Stable 2,514 5.00 Stable 8 Stable 7 Stable 11 StableDominican Rep,Santo Domingo 1,158 38 Up 246,000 6 Up 195 5.75 Up 10-11 Up 10 Up 7 StableJamaica,Kingston 1,418 15.25 - 1,502 16.15 - 751 8.07 - 9 - 9.5 - 10.5 -Montego Bay 1,122 12.20 - 1,351 14.53 - 676 7.27 - 9 - 9.5 - 10.5 -Miami,Florida U.S 33.50 33.50 Down 23 23 Up 7.00 7 Up 6-7 Down 6-7 Down 6-7 DownMexico,Juarez City 206.89 17.00 Up 194.72 16.00 - 4.38 0.36 - 9-11 - 12-13 - 9 -Guadalajara 243.40 20.00 - 225.75 18.55 - 23.12 1.90 - 9-11 - 8-12 - 8-12 -Matamoros 120.77 9.92 Down 167.22 13.74 Down 40.89 3.36 Down 10-13 - 12-13 - 11-14 -Mexicali 121.70 10.00 - 182.55 15.00 - 45.62 3.65 - 12-15 - 12-15 - 10-13 -Mexico City 425.95 35.00 Up 693.69 57.00 - 85.19 7.00 Up 11 Down 13 - 9-11 DownMonterrey 243.40 20.00 - 304.25 25.00 - 48.68 4.00 - 9-11 - 12-13 - 9-12 -Queretaro 304.25 25.00 Up 365.10 30.00 Up 51.11 4.20 - 11-13 - 11-13 - 10-13 -Reynosa 286.00 23.50 - 243.40 20.00 - 47.10 3.87 Up 10-13 - 12-13 - 11-13 -San Luis Potosi 292.08 24.00 - 340.76 28.00 - 49.90 4.10 Down 11-13 - 11-13 - 11-13 -Tijuana 222.00 17.00 - 243.40 20.00 - 57.20 4.70 - 12-14 - 12-14 - 12-14 -Panama,Panama City 26.79 - Stable 32.50 - Up 8.67 - Stable 8 Stable 10 Up 8.1 StablePeruLima 56.55 21.75 Up 24.80 48 Up 10.6-18.6 4 -7 Stable 10 Stable - Stable 9 - 10 StablePuerto Rico,San Juan 18.50 - - 35-65 - - 6.5 - - 7 - 10 - 7 -Venezuela,Caracas 35 - Up 45 - Stable 25.00 - Up 25 Up 20 Stable 20 UpThis report has been produced by NAI GLOBAL strictly for informational purposes. The information contained in this report was obteined from sources we believe. While NAI Globalmakes efforts to ensure the accuracy and reliability of the information contained here in , we have not verified its currency and make no guarantee, warranty or representation of any kindregarding the quality, accurancy, timeliness or completion of the information. This report is offered “as-is”, and is subject to the possibility of errors and omissions, Market conditions,rental rates, yields or other conditions may change without notice. All expressions of opinion are subject to change. Reproduction of this report in whole or in part is prohibited withoutour prior written consent.