The performance of investments made by CORUM is not a reliable indicator of future results.
Spa Resort Hotel
Juvignac - France
The thermal baths are located at the heart of the Fontcaude estate, next to the international 18-hole golf course of Montpellier. This luxury thermal complex for balneotherapy or spa also features a fitness centre, a pool, a gourmet restaurant and a 4-star hotel.
This investment generates a net initial yield* of 7.80% (incl. transfer tax and brokerage fees).
The Clinipôle group has signed a 21-year lease agreement with no break option. The Clinipôle group is a major local player in the healthcare and wellness care sector with 3 private hospitals and 1 regional dialysis centre. Thanks to the VICHY Spa Resort, the group will be able to create synergies between its healthcare offering and these services. In terms of real estate, one of Clinipôle’s partners is ICADE Santé, a subsidiary of the Caisse des Dépôts group, which owns the buildings of 3 private hospitals. This thermal complex where L’Oréal cosmetics will be distributed supplements Compagnie de Vichy's range of quality-certified luxury resorts. Clinipôle will rely on these two partners, both renowned for their expertise in the different hydrotherapy fields.
Acquisition price (incl. transfer tax and brokerage fees)
Net initial yield*
7,80% (incl. transfer tax and brokerage fees)
* Net initial yield: Annual rent divided by acquisition price including transfer tax and brokerage fees.