Risks related to investments in FMP’s  

Corio focuses on shopping centres that are or have the potential to become a FMP because these projects enable Corio, with our local and professional in-house management (e.g. leasing, centre management and research), to add the most value to the portfolio and to have more control over the day-to-day operations.

• Investment selection risks; the risk that the projects Corio selects as investments are not actually FMP’s, either at present or in the future. Risks of declining market position in changing (local) market situations is managed by monitoring planning legislation and market pipeline, with our local management ensuring alignment with (changing) catchment area characteristics.
• Asset allocation risks; we execute periodic hold/sell analyses to determine the right assets to be held, redeveloped or sold, in order to manage our risk-return profile. The market liquidity, that could adversely impact the progress of our disposal plan, is also assessed in our asset allocation process.