Corio N.V.
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Publicatie datum
26 aug 2009 - 18:46
Statutaire naam
Corio N.V.
Titel
Corio’s sustains net rental income growth in difficult market: up 7.4% on continuing operations
Bericht
• Net rental income (including minority interest) from continuing operations up 7.4% at € 164.9 m (€ 153.5 m).
• Like-for-like net rental growth, total portfolio: 1.2% (5.9%), like-for-like net rental growth, retail portfolio: 1.1% (5.8%).
• Reletting and renewals: 3.0% of the retail contracts re-let or renewed, increase: 8.8%.
• Direct result (excluding minority interest) down 2.5% at € 101.8 m (€ 104.4 m), reflecting primarily the sale of the Dutch office and industrial portfolio effected 30 September 2008; operating income from discontinued operations in H1 2008 was € 18.9 m.
• The average financial occupancy rate for the retail portfolio was 96.6% (97.8%).
• Indirect result (excluding minority interest) was € 298.2 m negative (€ 34.6 m negative).
• Value of the property portfolio (including share of associates and minority interest): € 5,927 m (year-end 2008: € 6,039 m); Percentage invested in retail: 93%.
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Datum laatste update: 20 december 2025