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

Property Portfolio

Offices

Alphen aan den Rijn - Netherlands

Tenants Zeeman

Zeeman is a Dutch retailer of low-priced clothes.

It is the market leader in Benelux and it has over 1,230 stores in the Netherlands, Germany, Belgium, France, Spain, Austria and Luxembourg.

This family-owned company was founded in 1967 and opened its first store in Alphen aan den Rijn. This is why Zeeman decided to locate its headquarters in this town, which has a special meaning in the history of the brand.

Zeeman generated revenues of €530 million in 2015 and serves 70 million customers each year.

Type

Offices

Acquisition price (incl. transfer tax and brokerage fees)

24,00m

Net initial yield*

7,56% (incl. transfer tax and brokerage fees)


Characteristics

Acquisition price Incl. transfer tax and brokerage fees 24,133,693
Rent ANNUAL 1,820,000
Type of lease   Triple net 16-year lease
Floor area   43,362 sq.m
Year of construction   1980 and 1990
Acquisition date   2016