EFTA01437758Set 10
2016-10-18227p26,387w
Figure 38: SS NOI growth expected to slow in 2H16
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
7.0%
8.0%
9.0%
Y/Y ch in Effective Rent (LHS)
VacPercent (RHS)
IIEffective rent ... full year guidance provided on 7/25, the implied SS revenue
growth for 2H16 is at +3.75%. We
expect the slowdown vs. 1H16 to be gradual with 90bps of deceleration ... capital deployment expectations. CPT previously called for
up to $200MM of starts in 2H16
II3Q FFO/sh guidance of $1.07-$1.11 (DBe: $1.11)
Source: Deutsche Bank, company data, Thomson
Actual
Actual
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01437758.pdf
EFTA01367320Set 10
2015-05-311p806w
call hey Change,'
on US onshore growth of 500 Mb/d in 2017 with 2H16 ramp 3) we likely need
$65-$70/bbl oil to incentivize and support this growth, 4) post ... onshore production growth, although 81.03(USD)
APA N 69.00 to
not likely until 2H16 (+350 Mb/d by 4016), rising to -500+ Mb/d in 2017. With 60.00(USD)
current activity levels
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01367320.pdf