Corio's shopping centre in Bursa opens its doors
(Thomson Reuters ONE) -
Corio acquired Anatolium shopping centre in Turkey for EUR176 m in line with
Corio's last reported Net Theoretical Yield for Corio Turkiye. Corio announced
on 12 November 2007 that it has reached an understanding regarding the turnkey
development and acquisition of a 100%-interest in Anatolium shopping centre in
the city of Bursa. The shopping centre has a total gross lettable area (GLA) of
approximately 84,000 m2 ; the first phase, an IKEA of 24,000 m2 opened in
November 2008, Carrefour and Leroy Merlin opened on 31 March 2010 and the
remaining part of 34,000 m2 will open in the fall of 2010. At opening, the
centre will have an occupancy rate of approx. 90% and up till the end of 2012
the developer of the shopping centre will provide a rental guarantee for any
vacancy. The rental contracts are Euro based.
[HUG#1434062]
Press release: http://hugin.info/134201/R/1434062/379759.pdf
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Source: Corio NV via Thomson Reuters ONE
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Datum: 26.07.2010 - 17:00 Uhr
Sprache: Deutsch
News-ID 24423
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"Corio's shopping centre in Bursa opens its doors"
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