Corio_(company)

Corio (company)

Corio (company)

Dutch real estate investment company

Corio N.V. is a former Dutch-based real estate investment company which owned and managed 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. In 2015 Corio merged with the French real estate investment company Klépierre.[3]

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References

  1. [1]
    "Annual Report 2010" (PDF). Corio. Archived from the original (PDF) on 13 March 2011. Retrieved 27 February 2011.
  2. [2]
    Michelson, Marcel (9 November 2010). "APG selling 4 mln Corio shares". Reuters. Retrieved 27 February 2011.
  3. [3]
    Klépierre and Corio will merge on March 31, 2015 Archived March 5, 2016, at the Wayback Machine Klépierre, 19 March 2015
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