Corio (company)

Corio (company)
Corio N.V.
Type Naamloze vennootschap
Traded as Euronext: CORA
Industry Property
Founded 2007
Headquarters Utrecht, Netherlands
Key people Gerard Groener (CEO), Bas Vos (Chairman of the supervisory board)
Products Shopping centres, office buildings
Profit 375.7 million (2010)[1]
Total assets 8.049 billion (end 2010)[1]
Total equity 4.242 billion (end 2010)[1]
Employees 450 (FTE, average 2010)[1]
Website www.corio-eu.com

Corio N.V. is a Dutch-based real estate investment company which owns and manages shopping centres. Headquartered in Utrecht, the firm primarily consists of a portfolio of retail properties worth7.2 billion in the Netherlands, France, Italy, Spain, Germany, and Turkey.[1] The company was formed in 2000 by the merger of the property funds VIB and WBN,[2] initially also investing significantly in office buildings and other commercial property. These activities have since been scaled back in favour of retail real estate. At the end of 2010 around 4% of Corio's holdings were in properties other than shopping centres, down from 47% in 2000.[1] The company is listed on the Amsterdam Stock Exchange and Euronext Paris and is a constituent of the benchmark AEX index since March 2008.

References

  1. ^ a b c d e f "Annual Report 2010". Corio. http://www.corio-eu.com/tl_files/content_resources/pdf/Annual%20results%202010/Corio-annual-report-2010.pdf. Retrieved 27 February 2011. 
  2. ^ Michelson, Marcel (9 November 2010). "APG selling 4 mln Corio shares". Reuters. http://uk.reuters.com/article/2010/11/09/corio-idUKLDE6A80XI20101109. Retrieved 27 February 2011. 

External links

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