PropertyEU

Corio cautiously upbeat on 2009

By A staff reporter 2009-08-27T00:00:00

Dutch retail property group Corio reported a higher-than-expected second-quarter operting profit of EUR 52 mln. The company expects full-year operating profit to increase modestly from the EUR 204 mln reported at end-2008, Reuters reported, citing lower financing expenses and acquisitions.

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