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Five-year review

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Five-year review

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From consumer to dividend

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From consumer to dividend: Visitors

Corio shopping centres attract high numbers of visitors. The counting systems installed at 44 centres showed about 200 million visitors in 2008.

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From consumer to dividend: Tenants

From visitors to turnover to tenants, who then have a sound basis for paying the Corio rents.

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From consumer to dividend: Meeting place

With a lettable area of 1,355,000 m2 and contracts with 4,800 retail tenants in five home markets, Corio centres create meeting places where people like to meet each other, where they spend money and that they return to.

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From consumer to dividend: Value

The strength of rents and rental growth forms the basis for sustainable investments that retain and in due course, grow in value.

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From consumer to dividend: Pipeline

The favourable conditions under which Corio acquired its projects in the past ensure that the pipeline has added value.

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From consumer to dividend: Financing

Sound financing is crucial to avoid jeopardising long-term value growth.

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From consumer to dividend: Dividend

Apart from the statutory payout, Corio is keen to keep its promise to increase the dividend year-on-year by at least the price index for the EU15.

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Report of the management board

As in previous years, Corio’s primary focus in 2008 was on generating a healthy cash flow from its portfolio and continuing to evolve into a retail specialist.

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