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

Property Portfolio

HPE-certified new-build offices

Rennes - France

This new-build office building is HPE-certified (High Energy Performance) and is located in a fast-developing business park near the Rennes South ring road, on the main road connecting Rennes to Nantes. The Conterie 2 business park is ideally located less than 4 minutes away from the ring road, well served by public transport, and 15 minutes away from the Rennes high-speed train (TGV) station.

This investment generates a net initial yield* of 7.50% (incl. transfer tax and brokerage fees).

Tenants Sopra Group

Sopra Group is listed on the Paris Stock Exchange and is one of the main players in IT consulting and services and software publishing in Europe. In June 2013, the Group employed over 16,000 people and posted over €1.2bn in revenues. The Rennes office, one of the 33 offices of Sopra Group in France, is part of the expansion of this leader in its market. Sopra Group has recently signed an expanded partnership agreement with the Ministry of Defence to develop its logistics information system. 100 new engineers will be hired to complement the current staff of 400 in Rennes to support its expansion.

Type

Offices

Acquisition price (incl. transfer tax and brokerage fees)

2,22m

Net initial yield*

7,50% (incl. transfer tax and brokerage fees)


Characteristics