FINANCIAL HIGHLIGHTS 2011
(Comparative figures for 2010 results in brackets, unless stated otherwise)

Gerard Groener: 'Strong operational results underwrite the quality of the portfolio and organisation,  achieving good like-for-like and reletting/renewal results. Especially in regarding the current economic environment this is a sign of resilience, providing confidence in future performance. Still our focus will remain on achieving progress on the accelerated disposal program envisaging completion of a larger part in the first half of 2012'.

· Net rental income up 7.8% at € 396.5 m (€ 367.9 m).
· Like-for-like net rental growth retail portfolio: 1.9% (1.9%).
· Positive re-letting and renewals: 6.6% up for 7.7% of the retail contracts.
· Financial occupancy rate for the retail portfolio stable : 96.2% (96.2%).
· Net direct financing expense up € 13.9 m to € 105.2 m (€ 91.3 m).
· Direct result up 6.4% to € 267.0 m (€ 251.0 m).
· Direct result per share up € 0.03 to € 2.91 (€ 2.88).
· Revaluations of € 2.6 m in 2011 (€ 164.4 m).
· Bookprofit on sales was € 5.5 m or 4.0% of total sales of € 136.3 m
· Net result at € 218.2 m (€ 375.7 m).
· Value of the property portfolio: € 7,426.5 m at year-end 2011 (year-end 2010: € 6,988.8 m);
· Percentage invested in retail: 97% (year-end 2010: 96%).
· Leverage (after netting cash and debt): 41.0% at 31 December 2011 (year-end 2010: 38.2%); average interest rate Q4 2011: 4.1% (Q3 2011 4.1%); fixed interest debt 64% (year-end 2010: 65%).
· Corio signed Revolving Credit Facilities totalling € 855 m, replacing the € 600 m RCF due in April 2012.
· Pipeline: decrease of € 526 m to € 2,512 m (31 December 2010: € 3,038 m).
· Committed pipeline (including already paid of € 251.6 m) decreased € 256 m to € 926 m.
· Net Asset Value (NAV) per share at € 45.57 (year-end 2010 € 46.10), NNNAV per share at € 47.15 (year-end 2010: € 46.82).
· Corio plans to propose a dividend of € 2.76 in cash or shares, in line with its long standing policy.

Conference call and webcast 2011 results
On Friday 17 February 2012, Gerard Groener (CEO) and Ben van der Klift (CFO) will present the 2011 results via a webcast and conference call at 9.30 CET at Corio's offices at Hoog Catharijne. The presentation can be downloaded from Corio's website (www.corio-eu.com => Investor relations => Presentations). The direct link to the website is: http://corio.dutchview.nl/corio20120217pe-utr/video.php. You can listen to the analyst meeting and ask questions by dialing: +31 (0)20 7965 012 or +44 (0)207 1620 177 (access code: 911849). More details about the webcast and call can be found on Corio's website (www.corio-eu.com => other news).