Corio (company)
 | |
| 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] |
Number of employees | 450 (FTE, average 2010)[1] |
| Website | www.corio-eu.com |
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]
References
- 1 2 3 4 5 6 "Annual Report 2010" (PDF). Corio. Retrieved 27 February 2011.
- ↑ Michelson, Marcel (9 November 2010). "APG selling 4 mln Corio shares". Reuters. Retrieved 27 February 2011.
- ↑ Klépierre and Corio will merge on March 31, 2015 Klépierre, 19 March 2015