Epstein File EFTA01389062: Deutsche Bank (DS10)

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Epstein File EFTA01389062: Deutsche Bank (DS10)

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This document is a Deutsche Bank market analysis report dated October 14, 2016, containing commercial real estate data including vacancy rates, rental trends, and shopping center development information. The report cites Deutsche Bank as the source for multiple data points and includes figures from Deutsche Bank Securities Inc. The document appears to be an industry analysis or market research publication.

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Deutsche Bank

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Excerpt 1

. - / - & - - PRI 8 / As of 10/14/16 As of 10/14/16 Source **Deutsche** **Bank**, SML Source **Deutsche** **Bank**, SNL Figure 55: Vacancy up and rents down modestly in

Excerpt 2

Source: **Deutsche** **Bank**, Reis Source **Deutsche** **Bank**, company data Key Shopping Center topics/questions for the quarter Development and redevelopment outlook

Excerpt 3

**Bank** Securities Inc.