Corio's 9M 2012 direct result flat

HIGHLIGHTS FOR NINE MONTHS ENDED 30 SEPTEMBER 2012 (Comparative figures for 9M 2011 results in brackets, unless stated otherwise) · Net rental income* up 1.8% at EUR 328.6 m (EUR 322.7 m). · Like-for-like* net rental growth retail portfolio flat. · Footfall and sales stable on a like-for-like basis. · Positive re-letting and renewals: 4.0% up. · Net average interest % in Q3 2012 improved to 3.9%. · Direct result EUR 196.6 m (EUR 197.1 m). · Direct result per share EUR 2...

HIGHLIGHTS FOR NINE MONTHS ENDED 30 SEPTEMBER 2012
(Comparative figures for 9M 2011 results in brackets, unless stated otherwise)

· Net rental income* up 1.8% at EUR 328.6 m (EUR 322.7 m).
· Like-for-like* net rental growth retail portfolio flat.
· Footfall and sales stable on a like-for-like basis.
· Positive re-letting and renewals: 4.0% up.
· Net average interest % in Q3 2012 improved to 3.9%.
· Direct result EUR 196.6 m (EUR 197.1 m).
· Direct result per share EUR 2.09 (EUR 2.15).
· Disposal plan: EUR 500 m; transferred (EUR 212 m), signed (EUR 87 m) or in advanced stage of selling (EUR 201 m).

ANNOUNCEMENT

· Update on strategy during Capital Markets Day on 4 December.

Conference call and audiocast 9M 2012 results
On Thursday 8 November 2012, Gerard Groener (CEO) and Ben van der Klift (CFO) will present the 9M 2012 results via an audio cast (http://corio.dutchview.nl/corio20121108-analyst) and conference call at 18.30 CET. The presentation can be downloaded from Corio's website: http://www.corio-eu.com/presentations.html. You can listen to the call and ask questions by dialling: +31 (0)20 7965 008 (the Netherlands) or +44 (0)20 7162 0077, Conference ID: 924262. More details about the audiocast and call (more toll free numbers) can be found on Corio's website: http://www.corio-eu.com/other-news.html.

* including NRI for Equity Accounted Investees

 

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