Pipeline

At the end of 2009 Corio France had two projects in the variable pipeline valued at € 68 million (2008: € 283 million), € 14.5 million (2008: € 114.0 million) of which was invested. Both projects can be deferred if required. There were no projects added to the pipeline during 2009. Two projects were removed from the pipeline in 2009, however. They represent a total investment of approximately € 103 million. In the deteriorating market the conditions were no longer attractive. Corio might have the opportunity to reconsider this project under improved conditions. The retail project Les Portes de Chevreuse in Coignières was delivered and taken in operation.

Source: Annual Report 2009, Chapter Review of Operations, page 58 (PDF, 6.362 kB)

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