The performance of investments made by CORUM is not a reliable indicator of future results.
Cork - Ireland
This 4,100-sq.m property is situated in Cork, the second largest city in Ireland, in a retail park. It is ideally located at the intersection of two national roads, one connecting the city centre to the airport and the other connecting Dublin to Cork. This first acquisition in Ireland strengthens CORUM’s presence in the eurozone, where it now has operations in 8 countries.
This investment generates a net initial yield* of 8.06% (incl. transfer tax and brokerage fees).
Tenants Harvey Norman
Harvey Norman Trading Limited is an Australian group created in 1961 and specialised in home furniture, decoration accessories and electrical appliances, which generates €7.5bn in revenues with 300 stores and 1,200 employees across the world.
Acquisition price (incl. transfer tax and brokerage fees)
Net initial yield*
8,06% (incl. transfer tax and brokerage fees)
* Net initial yield: Annual rent divided by acquisition price including transfer tax and brokerage fees.