Dutch retail specialist Corio aims to double its German retail portfolio to EUR 2.5 bn in the next few years, Corio’s new CEO for Germany Hubertis Kobe said in an interview with PropertyEU TV at EXPO REAL.

Corio Germany was created in 2010 from Corio’s acquisition of Multi Development projects worth EUR 1.3 bn, making it the biggest deal last year. Kobe said Corio plans to expand that portfolio by acquiring other German retail projects. The new CEO added that Corio's stategy of keeping the management of its shopping centres in-house is a new approach in Germany. 'The strength of this approach is that investors identify with a project for the long term,' he said.