France
Corio France was able to keep the occupancy rate of its € 1,595.2 million operational retail portfolio at a level of 93.9% (2008: 96.2%). Like-for-like net rental income growth for the retail portfolio was 6.1%.
The occupancy rate of the operational office portfolio of € 219.3 million remained high at 99.6%, whereas the occupancy rate of the operational industrial portfolio of € 51.0 million was 84.6%.
January: Grand Littoral in marseille management transferred to on site Corio management.
June: Sales of the office Toulatria in Toulouse (8,800 m² GLA) and the Compans industrial (7,600 m² GLA) for € 22.2 million.
June: Opening of main tenants Castorama, Conforama and Boulanger (36,200 m² GLA) in retail park Les Portes de Chevreuse in Coignières.
July: Sale of BCEOM Montgolfier office in Guyancourt for € 10.4 million (5,000 m² GLA).
December: Sale of the Frères Peugeot office in Rueil-Malmaison for € 30.6 million (17,600 m² GLA).
Source: Annual Report 2009, Chapter Review of Operations, page 55 (PDF, 6.362 kB)
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