Corio sold five properties for €118.2 million in the Netherlands and France (NL/FR)

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 million 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 RueilMalmaison (GLA 10,60 m²).

The disposals are a step on the way towards Corio's full focus on Favourite Meeting Places. Favorite 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.

Source: Corio

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