Corio Acquires Additional 30% Of Le Balzac

Utrecht, Netherlands, Jan 1, 2008 - (Hugin via ABN Newswire) - As part of the rearrangement of the offices portfolio in France, Corio acquired an additional 30% of the shares of Le Balzac office building from Stichting Pensioenfonds Metaal en Techniek with effect from 31 December 2007. This acquisition adds to Corio's direct result as of 1 January 2008. The acquisition price is in line with the mid-year valuation of Le Balzac. After this transaction, Corio owns 70% of the shares of Le Balzac. Corio is currently discussing the acquisition of the other 30% of the shares from Fortis.

Le Balzac is an office building in Courbevoie-La Defénse of approximately 15,000 m² GLA in total and is 100% occupied. Corio acquired 40% of the shares in 1988.



LINK: http://hugin.info/134201/R/1178947/234587.pdf

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Corio NV

http://www.corio-eu.com

ISIN: NL0000288967

Stock Identifier: AEX.COR