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Epstein File EFTA01388616: Deutsche Bank and Construction (DS10)

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This document is a Deutsche Bank financial analysis report dated October 14, 2016, containing warehouse market data including vacancy rates, rent growth, and construction metrics across multiple markets. The report includes charts and data sourced from Deutsche Bank, Reis, and company data, analyzing real estate market conditions including net absorption and new construction figures. The document serves as a market research or investment analysis product.

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Excerpt 1
2.8% 5% -3.2% -4% 0% LPT REXR STAG DCT PSB EGP TRNO PLD FR MNR DRE REXR LPT MNR STAG EGP DCT PSB DRE FR PLD TRNO As of 10/14/16 As of 10/14/16 Source **Deutsche**
Excerpt 2
**Bank**, SML Source **Deutsche** **Bank**, SNL Figure 87: Warehouse vacancy rate & rent growth Figure 88: PLD SS NOI growth 13.5% 3.0% 8.0% 13.0% 2.5% 7.0% 12.5%
Excerpt 3
**Bank**, Reis Source **Deutsche** **Bank**, company data **Deutsche** **Bank** Securities Inc.

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