The performance of investments made by CORUM is not a reliable indicator of future results.
Murska Sobota - Slovenia
This property is located in Murska Sobota, Slovenia near the Austrian border. The building is leased to OBI, which is thus able to serve a broad catchment area. Rent is guaranteed by the store’s parent company OBI Deutschland. Slovenia has been a member of the European Union since May 2004. External trade is above 140% of GDP. Slovenia exports industrial products (automotive, electronics, pharmacy, home appliances...) to Germany, Italy and Austria. Slovenia is recognised for its ability to innovate and its environmentally-friendly behaviour.
This investment generates a net initial yield* of 8.27% (incl. transfer tax and brokerage fees).
OBI is a DIY chain and it was founded in 1970 in Hamburg. It operates in 12 European countries with 550 stores, 42,000 employees and reached €6.7bn in revenues in 2013. OBI is the European leader and is pursuing its growth strategy with a focus on Central and Eastern Europe. Slovenia is included in this growth strategy and already hosts 8 stores generating total revenues of €60m.
Acquisition price (incl. transfer tax and brokerage fees)
Net initial yield*
8,27% (incl. transfer tax and brokerage fees)
* Net initial yield: Annual rent divided by acquisition price including transfer tax and brokerage fees.