The performance of investments made by CORUM is not a reliable indicator of future results.

Property Portfolio

Offices

Brussels - Belgium

The building is located 5 km from the Brussels airport and 10 minutes from the city centre, in a fast-growing business area which is well connected by road and where tenants benefit from tax incentives. Brussels is an international city located at the heart of Europe, at the crossroads of Anglo-Saxon, Germanic and Latin influences, and it is a gateway to Eastern Europe. Thanks to its location, large multinational corporations have chosen Brussels to conduct their operations in Europe.

The vendor does not allow us to disclose the net initial yield.

Tenants Bridgestone

Bridgestone is not only a tyre manufacturer, As the company also manufactures and markets industrial goods, chemicals, sporting equipment, bicycles and even offers financial services. The building hosts all 450 employees of Brigestone’s EMEA (Europe Middle East and Africa) headquarters, which have been based in Brussels since 1972. This division manages the sales strategy in this vast segment, as well as 3 logistics centres. Bridgestone is a Japanese company and the world’s leading tyre manufacturer, ahead of Michelin. With revenues of €26.5bn in 2013 and more than 180 factories, the group employs over 145,000 people in 150 countries. Most major car manufacturers (Audi, BMW, General Motors, Mercedes, Nissan, Peugeot, Renault, Porsche etc.) are clients of Bridgestone.

Type

Offices

Acquisition price (incl. transfer tax and brokerage fees)

N/A

Net initial yield*

0,00% (incl. transfer tax and brokerage fees)


Characteristics