Puneet Varma (Editor)

Corio (company)

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Type
  
Naamloze vennootschap

Industry
  
Property

Headquarters
  
Utrecht, Netherlands

Number of employees
  
450

Traded as
  
Euronext: CORA

Profit
  
€375.7 million (2010)

Founded
  
December 2000

Parent organization
  
Klépierre

Key people
  
Gerard Groener (CEO), Bas Vos (Chairman of the supervisory board)

Products
  
Shopping centres, office buildings

CEO
  
Gerard H.W. Groener (1 May 2008–)

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. The company was formed in 2000 by the merger of the property funds VIB and WBN, 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. 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.

References

Corio (company) Wikipedia