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

Property Portfolio

Offices

Frankfurt - Germany

This office building of nearly 48,000 sq.m is fully leased to Deutsche Bank and ideally located near its main service providers: Zenium and IBM. It is located about 10 minutes from the city centre and it will soon be served by a new tramway line. This property is part of an office park that hosts internationally renowned companies such as IBM, Deutsche Telekom, EY, Samsung... This property is Corum’s 4th acquisition in Germany, thus bringing its investments in this country to a total of €155m. The vendor does not allow us to disclose the net initial yield (incl. transfer tax and brokerage fees). The lease term with no break option meets Corum's requirements.

The vendor does not allow us to disclose the net initial yield (incl. transfer tax and brokerage fees).

Tenants Deutsche Bank

Deutsche Bank is the second largest European bank. It offers a wide range of products and services in investment, retail and commercial banking as well as asset and wealth management. It is present in more than 70 countries and it is the leader in its home market. It employs 98,000 people and recorded revenues of €32bn. 

Type

Offices

Acquisition price (incl. transfer tax and brokerage fees)

75,50m

Net initial yield*

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


Characteristics