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Office

Corio has a small strategic office portfolio valued at € 50.4 million. The like-for-like net rental income increased by 28.5%, mainly reflecting the letting of vacant space to new tenants, which resulted in an average financial EPRA occupancy rate of 95.3%, up from 89.2% in 2008.

The net rental income of the like-for-like Dutch offices portfolio rose to € 6.4 million at year end 2009 from € 5.0 million at year end 2008.

Source: Annual Report 2009, Chapter Review of Operations, page 54 (PDF, 6.362 kB)

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