Distribution of company announcements to the professional platforms, finance portals and syndication of important corporate news to a wide variety of news aggregators and financial news systems.
Corio NV Corio has acquired the Iskenderun shopping centre, a project of 55,000 m² GLA in the city of Iskenderun-Hatay. Iskenderun is located in the South of Turkey in the province of Hatay. The Yayla Group and Kalyoncu are the developers of the shopping centre. The total investment in the Iskenderun shopping centre is expected to be around € 116 million at a predefined net initial yield of at least 8%, in line with Corio's other investments in Turkey. The shopping centre is expected to open in the first half of 2010. This transaction is in line with Corio's strategy to further strengthen its position in Turkey; the Iskenderun shopping centre will be Corio's tenth shopping centre in Turkey.
