Corio (company)


Corio (company)
Corio N.V.
Type Naamloze vennootschap
Traded as EuronextCORA
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 worth €7.2 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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