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

Property Portfolio

Offices

The Hague - Netherlands

This 16,296-sq.m office building is located in The Hague (Zoetermeer), 30 km from Rotterdam, and 50 km from Amsterdam and Utrecht. It is strategically-located in a recently-built business park which hosts internationally renowned companies such as KPN, Siemens, Europart or Ortech.

This investment generates a net initial yield* of 7.83% (incl. transfer tax and brokerage fees).

Tenants KPN

KPN, the incumbent telecommunications operator in Benelux, is a former public-sector company, similar to Orange in France. This Dutch group is also present in Germany, Spain and France. KPN employs 31,000 people, with a revenue of €13.5bn. This building hosts nearly 800 employees, IT and data management consultants.

Type

Offices

Acquisition price (incl. transfer tax and brokerage fees)

32,13m

Net initial yield*

7,83% (incl. transfer tax and brokerage fees)


Characteristics