The performance of investments made by CORUM is not a reliable indicator of future results.
Utrecht - Netherlands
This office building of nearly 7,000 sq.m is leased to Foot Locker and houses its European headquarters. It is subject to a 9-year lease with no break option. It is located in the Utrecht conurbation, in the centre of the Netherlands, not far from the major motorway connecting Amsterdam to Eindhoven. This property is CORUM's 6th acquisition in the Netherlands.
This investment generates a net initial yield* of 9.25% (incl. transfer tax and brokerage fees).
Tenants Foot Locker
With more than 2,500 stores worldwide, Foot Locker is the leading distributor of athletic footwear and apparel. In Europe, Foot Locker has been established for almost 30 years and has more than 620 stores in prestigious locations across 20 countries. It employs more than 45,000 people and generated €6.5bn in revenues.
Acquisition price (incl. transfer tax and brokerage fees)
Net initial yield*
9,25% (incl. transfer tax and brokerage fees)
* Net initial yield: Annual rent divided by acquisition price including transfer tax and brokerage fees.