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

Property Portfolio

Retail showroom

Les Ullis - France

This office and industrial complex of over 17,000 sq.m is leased to the Carrefour group and is ideally located near an RER B station (Regional Express Network rail line) and easily accessible from the high-speed train (TGV) station, the Orly airport and Paris city centre. In this complex, Carrefour recreates a typical hypermarket thus allowing the store’s procurement and general managers to choose the products they will sell in their own stores. This asset is located a few kilometres away from the brand’s new world headquarters, and is included in Carrefour’s large “campus”. BREEAM is the world’s foremost environmental quality label for real estate assets.

This investment generates a net initial yield* of 7.52% (incl. transfer tax and brokerage fees).

Tenants Carrefour

The Carrefour group is the second largest retailer in the world and the leading retailer in Europe, employing more than 365,000 people. It is present in 34 countries, with a total of over 10,100 shops, it generated revenues of €100.2bn in 2013 (including directly operated and franchise stores). As a multi-local, multi-format, and multi-channel retailer, Carrefour is a partner for daily life. Every day, it welcomes close to 10 million customers around the world, offering them a wide range of products and services.

Type

Retail

Acquisition price (incl. transfer tax and brokerage fees)

18,70m

Net initial yield*

7,52% (incl. transfer tax and brokerage fees)


Characteristics