In line with its strategy, Corio has sold four retail properties in the Netherlands and France and one office in France for in total ? 118.2 m in the last quarter of 2012. The disposals concern Nesselande in Rotterdam (GLA 8,900 m2), Getsewoud in Nieuw Vennep (GLA 7,800 m2), Parkwijk in Utrecht (GLA 5,500 m2), La Croix Blanche in Saint Geneviève des Bois ( GLA 6,600 m2) and the office building Clair de Ville in Rueil Malmaison (GLA 10,600 m2).

The disposals are a step on the way towards Corio's full focus on Favourite Meeting Places. Favourite Meeting Places are typically located downtown, at transport hubs or in the heart of a larger community and are able, next to convenience to offer also a wide variety in services and events.

Press release:
http://hugin.info/134201/R/1667926/541518.pdf


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Source: Corio NV via Thomson Reuters ONE
HUG#1667926