Visitor numbers and sales
Corio’s centres in Italy (excluding Campania) were visited by approximately 42 million people in 2008, 3.8% more than in 2007. Campania attracts around 10 million visitors annually, so that in total Corio Italia’s centres receive 52 million visitors. During this period, sales in Le Gru, GrandEmilia, Globo, Gran Reno and Il Maestrale rose by 2.9%, endorsing the earlier observation that the trend in retail spending in dominant shopping centres is stronger than the average for the Italian market. Total accommodation costs (rent and service costs) for tenants averaged 9.2% of sales, a healthy ratio.
Source: Annual Report 2008, Chapter Review of operations, page 90 (PDF, 2,1 MB)
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