Corio’s strategic objective is to create sustainable shopping centres where people enjoy meeting and spending time and money and to which they are pleased to return. Corio is aiming to become a pure retail player. We are well aware that sustainable centres involve more than retail trading alone and we therefore aim for a mix of functions, but the retail segment still drives Corio’s performance. The performance of a shopping centre is largely dictated by the primary catchment area: success is determined locally. In-depth knowledge of the local conditions and environment is therefore essential.