Corio N.V.
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Publicatie datum
25 apr 2008 - 14:48
Statutaire naam
Corio N.V.
Titel
Dutch office and industrial portfolio sold to White Estate Investments for EUR 650 million
Bericht
Corio has reached agreement with a consortium led by White Estate Investments (WEI) on the
sale of the entire Dutch office and industrial portfolio offered for sale. In its press release dated
22nd of November 2007 Corio announced that it had initiated a divestment process for its office
and industrial portfolio. Interested parties were invited to make an offer for one of four
portfolio’s; the major part of the offices or all industrial properties in the Netherlands or
France, or all of these portfolio’s combined. Corio had a preference for the latter for reasons of
efficiency and the possibility of capturing a portfolio premium. After careful consideration
Corio decided, based on the offers received, to negotiate a separate sale for the portfolio in the
Netherlands as a whole and defer the sale of the French portfolios. More shareholder value is
expected to be created through sale of individual or a group of several assets in France at a time
when the financial markets have recovered from the current negative sentiment.
Datum laatste update: 24 december 2025