Corio 2007 direct result beats forecast, no outlook for 2008

Dutch property group Corio said its direct investment result rose 2.7% to EUR 203.1 mln in 2007, slightly higher than a previous forecast that the figure would be in line with the EUR 197.7 mln seen a year earlier. However, Corio declined to give an outlook for 2008, citing uncertainty over the timing and impact of the planned sale of its offices and industrial portfolio.

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