The performance of investments made by CORUM is not a reliable indicator of future results.
Rennes - France
This very recent office building is ideally located in the Southern area of the Rennes conurbation. It is situated in a fast-growing business area near the Rennes ring road and 15 minutes away from the train station.
This investment generates a net initial yield* of 7.50% (incl. transfer tax and brokerage fees).
Bayard Service, a subsidiary of the Bayard publishing house, is a communication agency created in 1992. Its clients include Christian communities, associations and educational institutions. There are 9 agencies in France, including the one in Rennes.
Tenants P&T Technologie
P&T Technologie is a company specialised in the development of wind power projects. Created in Rennes in 2001, P&T Technologie became in 2010 a subsidiary of the German group Energiequelle, which develops and builds turnkey projects all over Europe: wind farms, biogas plants, solar power plants and transformers allowing green electricity to be fed into electricity grids.
Somaintel is the subsidiary of Crédit Agricole specialising in electronic money and payment systems. Its clients include companies, shops, town councils and banks throughout France. Somaintel has enjoyed sustained growth for over 10 years and recorded annual revenues of around €40m. The Rennes building hosts Somaintel’s administrative headquarters.
Acquisition price (incl. transfer tax and brokerage fees)
Net initial yield*
7,50% (incl. transfer tax and brokerage fees)
* Net initial yield: Annual rent divided by acquisition price including transfer tax and brokerage fees.