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

Property Portfolio

Offices

Vélizy - France

Vélizy, the French “Silicon Valley”, is situated less than 10 km away from Paris, forming an integral part of the Greater Paris area. The property is located at the heart of the employment area of Vélizy. In addition to being well connected by several motorways (A86 and N118), it will be even more accessible thanks to the T6 tramway line which will build a connection to RER C line (Regional Express Network), and underground lines L (la Défense station) and 13. The property was fully refurbished in 2011. It was recently awarded the HQE certification (High Environmental Quality). 

This investment generates a net initial yield* of 8.40% (incl. transfer tax and brokerage fees).

Tenants GE Healthcare

The French headquarters of GE Healthcare are located in Vélizy. GE Healthcare, which employs 2,500 people in France and 46,000 worldwide, provides medical technologies and services that are shaping a new age of patient care. GE Healthcare has extensive expertise in medical imaging, information technologies, medical diagnostics, patient monitoring systems, drug discovery and biopharmaceutical manufacturing technologies. The Vélizy site is specialised in medical diagnostics: contrast products for X-ray imaging and magnetic resonance imaging (MRI), fluorescence products and radiopharmaceutical products. The Vélizy headquarters host 250 employees.

Type

Offices

Acquisition price (incl. transfer tax and brokerage fees)

17,40m

Net initial yield*

8,40% (incl. transfer tax and brokerage fees)


Characteristics