Corio's direct result of EUR 262.0 m in line with outlook

FMP HIGHLIGHTS FOR 2012 (Comparative figures for 2011 results in brackets, unless stated otherwise) · Net rental income FMP up 5.9% at EUR 342.5 m (EUR 323.3 m). · Like-for-like net rental growth FMP portfolio flat. · FMP footfall and retail sales stable. · Re-letting and renewals up 0.4% for FMP. · Portfolio value FMP down by 2.8% or EUR 142.2 m. OVERALL RETAIL HIGHLIGHTS FOR 2012 · Net rental income retail up 2.3% at EUR 422.2 m (EUR 412.9 m)...

FMP HIGHLIGHTS FOR 2012
(Comparative figures for 2011 results in brackets, unless stated otherwise)

· Net rental income FMP up 5.9% at EUR 342.5 m (EUR 323.3 m).
· Like-for-like net rental growth FMP portfolio flat.
· FMP footfall and retail sales stable.
· Re-letting and renewals up 0.4% for FMP.
· Portfolio value FMP down by 2.8% or EUR 142.2 m.

OVERALL RETAIL HIGHLIGHTS FOR 2012
· Net rental income retail up 2.3% at EUR 422.2 m (EUR 412.9 m).
· Like-for-like net rental growth portfolio 0.6% negative.
· Footfall and retail sales slightly down.
· Re-letting and renewals flat.
· Portfolio value down by 3.4% or EUR 218.5 m.

FINANCIAL HIGHLIGHTS FOR 2012
· Average interest rate in Q4 2012 improved to 3.7% (Q3 2012 3.9%).
· Direct result decreased 1.9% to EUR 262.0 m (EUR 267.0 m).
· Direct result per share decreased 4.8% to EUR 2.77 (EUR 2.91).
· Disposals: EUR 329 m sold and transferred.
· Corio will propose a dividend of EUR 2.76 per share for 2012.

EVENTS AFTER REPORTING DATE
· Oosterheem in Zoetermeer was taken into operation on 2 January 2013 (EUR 39.5 m).
· As part of the closing of the Multi deal on 15 January 2013, Corio took over Boulevard Berlin for EUR 366.0 m at a net initial yield of 6.0%.

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