Corio (company)

{{Short description|Dutch real estate investment company}}

{{Infobox company

| name = Corio N.V.

| logo = Corio.svg

| logo_size = 210px

| type = Naamloze vennootschap

| traded_as =

| foundation = 2000

| location_city = Utrecht

| location_country = Netherlands

| key_people = Gerard Groener (CEO), Bas Vos (Chairman of the supervisory board)

| industry = Property

| products = Shopping centres, office buildings

| net_income = €375.7 million (2010){{cite web |url=http://www.corio-eu.com/tl_files/content_resources/pdf/Annual%20results%202010/Corio-annual-report-2010.pdf |title=Annual Report 2010 |accessdate=27 February 2011 |publisher=Corio |archive-url=https://web.archive.org/web/20110313103050/http://www.corio-eu.com/tl_files/content_resources/pdf/Annual%20results%202010/Corio-annual-report-2010.pdf |archive-date=13 March 2011 |url-status=dead }}

| assets = €8.049 billion (end 2010)

| equity = €4.242 billion (end 2010)

| num_employees = 450 (FTE, average 2010)

| parent = Klépierre

| homepage = [http://www.corio-eu.com/ www.corio-eu.com]

}}

Corio N.V. is a former Dutch-based real estate investment company which owned and managed shopping centres. Headquartered in Utrecht, the firm primarily consists of a portfolio of retail properties worth €7.2 billion in the Netherlands, France, Italy, Spain, Germany, and Turkey. The company was formed in 2000 by the merger of the property funds VIB and WBN,{{cite news|last=Michelson|first=Marcel|title=APG selling 4 mln Corio shares|url=http://uk.reuters.com/article/corio-idUKLDE6A80XI20101109|archive-url=https://web.archive.org/web/20160305141955/http://uk.reuters.com/article/corio-idUKLDE6A80XI20101109|url-status=dead|archive-date=March 5, 2016|accessdate=27 February 2011|date=9 November 2010|work=Reuters}} initially also investing significantly in office buildings and other commercial property. These activities have since been scaled back in favour of retail real estate. At the end of 2010 around 4% of Corio's holdings were in properties other than shopping centres, down from 47% in 2000. The company is listed on the Amsterdam Stock Exchange and Euronext Paris and is a constituent of the benchmark AEX index since March 2008. In 2015 Corio merged with the French real estate investment company Klépierre.[http://www.klepierre.com/content/uploads/2015/03/PR_KLEPIERRE_CORIO_MERGER_ANNOUNCEMENT_19MARCH2015_UK_FINAL.pdf Klépierre and Corio will merge on March 31, 2015] {{Webarchive|url=https://web.archive.org/web/20160305110909/http://www.klepierre.com/content/uploads/2015/03/PR_KLEPIERRE_CORIO_MERGER_ANNOUNCEMENT_19MARCH2015_UK_FINAL.pdf |date=March 5, 2016 }} Klépierre, 19 March 2015