VISION
Creating sustainable places where people like to meet. Corio believes shopping centres can and should perform an important social role, first and foremost. Our vision of a shopping centre is of a meeting place where individuals can relax, socialise, feel at home and get inspired. We are convinced the creation of ideal meeting places will lead to economic activity and success, when managed properly. In striving towards the creation of such centres, we recognise the importance of being alert to changing requirements dictated by the people in the catchment area and adapting to their demands. We truly believe that to be successful, our centres must be sustainable in every respect: situational (location), conceptual, aesthetic, social, environmental and financial. We create to adapt.

MISSION
In realising its vision, Corio aspires to be a leading European retail property company. In our definition this will be achieved by being:
• A vehicle to offer investors access to quality retail real estate in core markets in continental Europe;
• A preferred partner for retailers;
• A preferred partner for municipalities in developing large-scale, city centre projects;
• A top financial, environmental and social performer among sector peers;
• A company with a strong financial profile; and
• A preferred employer for professionals.

Corio’s focus is on Europe, a market with more than 700 million inhabitants. In its home markets it aims to improve and enrich the shopping experience of a growing share of over 250 million (potential) consumers. Our social goals are just as important as our dedication to sustainability, sound financial management and profitable growth, which is the basis of our existence. Managed well, these objectives go hand in hand. Our mission is to contribute to the economic and social development of the regions where our sites are located, by upgrading sites to create new and attractive amenities, to generate jobs and foster social interaction.

STRATEGY
Creating sustainable shopping centres: favourite places where people like to meet, spend their leisure time and money; places they want to go back to again and again. Sustainable centres offer more than just retail and we aim for a mix of activities in our developments. Retail, however, is what drives Corio’s performance, accounting for more than 90% of our centres’ turnover. A shopping centre’s performance is determined by its popularity in the primary catchment area. Such popularity requires our local management to have the required in-depth knowledge of the local conditions and demands in order to identify opportunities and threats and act on them fast. Corio understands that shopping centres increasingly have a social function for the local community. One of the main tasks of local management, therefore, is to monitor consumer trends and needs closely. Equally important is to foster close and effective cooperation among our developers, letting managers and centre managers. This enables Corio to achieve the optimum retail mix, best layout, accessibility and design, and thus to ultimately create value. Corio’s centres are continually undergoing improvements and– where possible – extensions, all with the aim of serving the consumer.




Share price
€ 47.49

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