Corum expands portfolio with 3 commercial properties for investors

Corum Investments has invested €193 million to acquire three commercial properties - two in the Netherlands and one in the UK. French real estate company SCPI indicates that it is continuing its strategy of investing in commercial real estate with high returns over the long term, and will eventually "take advantage of the decline in asset prices." The deals strengthen the portfolio of CORUM Origin and CORUM XL funds offered to investors in Portugal, the company said in a statement.

"The latest acquisition (...) was made in Liverpool, UK, with an investment of 18.4 million euros and an initial yield of 7.4%. This building, the second for CORUM in this British city, is used as''a commercial facility, parking lot and hotel. It has long term leases with Tesco, QPark and Accor, which last for over 18 years," the press release said. The building has now become part of the portfolio of CORUM XL investors, who recently saw the acquisition of another property in the Netherlands, in Utrecht.

This building is occupied by Capgemini, which is its head office in the country and was acquired for €86 million with an initial yield of 7.85%. "Also in the Netherlands, the purchase of Westgate I in Amsterdam was completed for €89 million with a particularly high initial yield: 9.50%.

The CORUM Origin and CORUM XL funds offered in''Portugal for small investors, aim to achieve yields of 6% and 5% respectively. "These acquisitions reflect the strategy that CORUM has defined for this year, to use the funds raised to strengthen the portfolio of assets, taking advantage of opportunities that arise," says Miguel Costa Santos, head of CORUM in Portugal, noting that the CORUM Origin and CORUM XL funds offered in Portugal for small investors have the objective of achieving returns of 6% and 5% respectively.

Investing in commercial real estate is a good strategy during periods of inflation. According to CORUM Investments, investing in commercial real estate proves to be particularly effective during periods of inflation, providing protection against the loss of value of savings, as rents''payments are, directly or indirectly, indexed to the consumer price index. "And also because the current level of interest rates creates investment opportunities that provide high yields through rental payments from quality tenants," the company explains.

It should be noted that CORUM owns 200 properties in 17 European countries (15 of them in Portugal) and in Canada, which are leased to more than 400 companies. Occupancy is 96%, providing a return on investment to shareholders of their funds.