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0 FFO 0.61 0.62 - FY FFO (USW 2.18 2.60 2.96 P/FFO (x) 14.7 17.2 15.1 Dividend yield I%) sown onenessniesinew roarer ems 3.9 3.4 3.7 Deutsche Bank Securities Inc. Distributed on: 01/11/2016 04:06:54 GMT Deutsche Bank does and seeks to do business with companies covered in its research reports. Thus, investors
Deutsche Bank Markets Research Rating Buy North America United States Financial REITs Company CyrusOne Reuters CONE.00 Doc.rnt.ero ecnenge Te.-ket CONE US NMS CONE Demand in not dead, in fact it is very much alive CEO transition mars an other
out the extent of our authorisation and regulation are available on request. Hong Kong: Distributed by Deutsche Bank AG, Hong Kong Branch. Deutsche Bank Securities Inc. Page 11 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0093195 CONFIDENTIAL SDNY_GM_00239379 EFTA01389036
31 October 2016 REITs CyrusOne flows), increases in interest rates naturally lift the discount factors applied to the expected cash flows and thus cause a loss. The longer the ma
uest. This report may not be reproduced, distributed or published without Deutsche Bank's prior written consent. Copyright CD 2016 Deutsche Bank AG Deutsche Bank Securities Inc. Page 13 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0093197 CONFIDENTIAL SDNY_GM_00239381 EFTA01389037
31 October 2016 REITs CyrusOne by the Dubai Financial Services Authority. Deutsche Bank AG - DIFC Branch may only undertake the financial services activities that fall within the
uments that promise to pay fixed or variable interest rates. For an investor who is long fixed rate instruments (thus receiving these cash Page 10 Deutsche Bank Securities Inc. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0093194 CONFIDENTIAL SDNY_GM_00239378 EFTA01389035
31 October 2016 REITs CyrusOne Additional Information The information and opinions in this report were prepared by Deutsche Bank AG or one of its affiliates (collectively "Deuts
Entities connected to both Deutsche Bank Securities Inc. and CyrusOne