Amsterdam-listed retail specialist Corio reported that its direct result fell 4.6% year-on-year in the first quarter to EUR 49.7 mln. The decline primarily reflected the sale of the Dutch offices and industrial portfolio effected 30 September 2008. Net rental income rose 12.2% to EUR 82,8 mln compared with the year-earlier period.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
