Corio has signed an agreement for the acquisition of a 100%-interest
in "Adacenter" shopping centre currently under development in
Adapazari for approximately USD 65 million.
In addition, Corio has been invited to take a 7%-interest in the
potentially large scale project Acibadem which will be developed in
Istanbul. The transactions are forecast to generate a net yield of at
least 8% in the first full year of operation.