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Ireland, Netherlands, Italy, United States, Portugal... Corum is open to them all

Zoom in on Corum's eight acquisitions for the first half of 2025 via an interactive map
By Benoît Léger, Gilles Le Gargasson
Business Immo
August 18, 2025 | 2:00 AM

Corum' s biggest transaction of the first half 2025 was in Ireland. In Dublin, to be precise. On behalf of its SCPI Corum Origin, whose capitalization stood at €3.51 billion on June 30, the management company chaired by Frédéric Puzin acquired the Infinity Building, in the heart of the judicial district, for €45.5 million, representing a yield of 8.6%.

The 11,772-square-meter office building, built in 2008, is occupied by three tenants: OPW, the government body responsible for public assets, which has been present since the beginning, occupying 88% of the space and renewing its lease for a further 10 years. The Law Society of Ireland, a key player in the legal profession, is also based here, as is Gala Smithfield, a local convenience store open seven days a week.

Another major acquisition by Corum Origin was the Edificio L (11,200 square meters) in Lorenteggio, near Milan, occupied by world-renowned tenants such as Pfizer, Siram (Veolia), NXP Semiconductors and Niterra. The group paid €39.6 million (yield 7.8%) for this building.

"The slight upturn in the real estate market is opening up prospects for the sale of buildings," said the management company, which distinguished itself with the sale of the Viale Europa 2 complex in Stezzano for €73 million. It had signed this 33,826-square-meter asset at the end of 2016 for a deed-in-hand amount of €63.8 million.

"There are also still many opportunities to buy, including in countries and on building typologies that are more fashionable than others", it said, adding: "This is all the more true as the return of competition mainly concerns buildings valued at less than €30 million. On larger buildings, where few other SCPIs can position themselves, good deals are still plentiful." Proof of this is the purchase of the Martinez tower in Almere, the Netherlands, for €42.3 million.

In total, during H1 2025, Corum signed eight acquisitions, detailed on our interactive map, for a single disposal. Over the past three years, it has invested €3.1 billion (€1.08 billion for Origin, €1.06 billion for Eurion, €937 million for XL and €50 million for USA). Over the past 10 years, it has achieved sales of €558 million, with a capital gain of €100 million.

Deals & DataSCPISectorAddressCountrySurface areaAmountYieldWalb
1Corum OriginOfficeInfinity Building, DublinIreland11 772 m²45,5 M€8,6 %7, 4 years
2Corum EurionHotel, office and retailTour Martinez, AlmereNetherlands20 187 m²42,3 M€7 %19.6 years
3Corum OriginOfficeEdificio L, LorenteggioItaly11 200 m²39,6 M€7,8 %5.7 years
4Corum EurionLogisticsWorten Platform, AzambujaPortugal52 640 m²36,2 M€7,4 %6.5 years
5Corum USAHealthcareMedical Office Warm Springs, KyleTexas5 100 m²29,8 M$7 %6.4 years
6Corum XLRetailLidl-Starbucks, Tewkesbury Road, CheltenhamEngland3 066 m²14 M€7,14 %8.3 years
7Corum XLHotels and retailTravelodge, Tower Street, HarrogateEngland3 900 m²9,2 M€7,5 %13 years
8Corum USAHealthcareWelbeHealth, FresnoCalifornia1 760 m²8,8 M$7,3 %15.2 years

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