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

Property Portfolio

New-build cold storage warehouse

Béziers- France

This new-build cold storage warehouse is used to store and distribute frozen products. This Boul’Pat distribution centre is located at the heart of a commercial area, on strategic roads and in the immediate vicinity of motorways. A second cold storage warehouse is being acquired on behalf of Boul’Pat.

This investment generates a net initial yield* of 7.67% (incl. transfer tax and brokerage fees).

Tenants Boul'Pat

Boul’Pat is a subsidiary of the Swiss group Arytza which operates in 35 countries. Arytza is a global food company and has a leadership position in the speciality frozen bakery sector with revenues of over €4bn. In France, Boul’Pat, known under the brand name Coup de pâtes, supplies professionals of the bakery and pastry sectors with a range of 1,300 semifinished and finished frozen products. The Béziers distribution centre is part of the French logistics network composed of 17 centres spread across the country which helps process every order with the greatest care and provide proximity delivery services to more than 32,000 clients.

Type

Warehouse

Acquisition price (incl. transfer tax and brokerage fees)

4,77m

Net initial yield*

7,67% (incl. transfer tax and brokerage fees)


Characteristics