Amsterdam-listed Corio has booked a direct result of EUR 251 mln for 2010 up from EUR 218 mln the year before largely thanks to the EUR 1.3 bn pan-European portfolio acquisition from Multi Corporation last year. Europe's third largest shopping centre specialist saw its operational portfolio increase in value from EUR 5.7 bn in 2009 to EUR 6.9 bn in 2010.
The Grand Hotel Imperiale in Forte dei Marmi, Italy has been sold to UAE-based real estate company Emaar Properties, owner of renowned buildings such as the Burj Khalifa and the Dubai Mall.
