WESTERN CANADA - NOTEWORTHY SALE ACTIVITY CAIC 2013 Presented by: - PowerPoint PPT Presentation

WESTERN CANADA - NOTEWORTHY SALE ACTIVITY CAIC 2013 Presented by: Tim Sommer, Vice President SEPTEMBER 2013 Cushman & Wakefield Capital Markets Group – Calgary

WESTERN CANADIAN MARKET VANCOUVER, B.C. 2013 300 EAST 10 TH AVENUE • Sold by a Housing Society, below market rents • Significant upside projected by purchaser • Per square foot price of $446 in part due to smaller suite sizes • SELLING PRICE: $12,000,000 • PRICE PER SUITE: $182,000 • CAPITALIZATION RATE : +/- 4.0% General: premium properties mid/high $200,000’s per suite, cap rates in the 3%’s … for now <INSERT CLIENT NAME – ALL CAPS> (VIEW > SLIDE MASTER> STANDARD LAYOUT) CUSHMAN & WAKEFIELD 1

WESTERN CANADIAN MARKET CALGARY, ALBERTA 2013 BELTLINE CONCRETE PORTFOLIO • 118 suites, three inner-city concrete buildings • National buyer (REIT) • Excellent condition, market rents with some upside • SELLING PRICE: $25,300,000 • PRICE PER SUITE: $214,407 • CAPITALIZATION RATE : 5.3% General: significant growth in rents in past 18 months, may be approaching peak pricing <INSERT CLIENT NAME – ALL CAPS> (VIEW > SLIDE MASTER> STANDARD LAYOUT) CUSHMAN & WAKEFIELD 2

WESTERN CANADIAN MARKET REGINA, SASKATCHEWAN 2013 WORTHWILE/DHH PORTFOLIO • 152 suites in 8 low-rise properties • Calgary seller, Calgary buyer • Not formally listed, had been available previously • SELLING PRICE: $16,669,200 • PRICE PER SUITE: $109,665 • CAPITALIZATION RATE : +/- 7.0% <INSERT CLIENT NAME – ALL CAPS> (VIEW > SLIDE MASTER> STANDARD LAYOUT) CUSHMAN & WAKEFIELD 3

NOTEWORTHY WESTERN CANADA SALES ACTIVITY CAIC 2013 Prepared By: Tim Sommer Vice President, Capital Markets Group, Calgary 403.261.1188 tim.sommer@ca.cushwake.com