Retailers
Retailers are close to the consumer, so they know better than anyone why people visit our centres, why they stay around and buy. The retailers, with good personnel policies, the right investments in and around their shops and their responsiveness to the changing needs and expectations of their customers, are a major factor in the success of our centres. The retailers are therefore our most important business partners. Corio management puts a great deal of work into the selection and combination of the tenants. Frequent contact with our retailers also gives us a direct insight into the potential of our centres, as well as accurate numerical data. Corio’s own letting and centre management disciplines are, of course, crucial in this business model.
By building a large portfolio and investing in new developments, we give our tenants the opportunity to replicate successful businesses in other regions, leading to higher revenues, closer cooperation and faster growth in rental income. To maximise this potential, Corio focuses primarily on larger, dominant centres, where there is more scope for expansion and adjusting the retail mix.
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