GOOD VALUE FOR MONEY ANALYSIS OF SCPI CORUM EURION . PERFORMANCE CHARACTERISTICS ANALYSIS

  • Analysis of the general status of contracts
  • Good value for money

SCPI CORUM EURION

Good value for money analysis of key features and numbers

Release as of May 26, 2022

reference items

  • RCS
  • company management
  • Date created

Characteristics of sustainable intensification of crop production

  • Return on sustainable intensification of crop production with a dual 10-year objective:
    • from internal rate of return (TRI) from 4.5% per yearAnd
    • from Pay rate (TDVM) from 4.5% per year.
  • SCPI was awarded on November 25, 2021 the SRI mark established by the Ministry of Economy, Finance and Recovery

The investment policy for sustainable intensification of crop production

  • Desire to diversify investments either:
    • geographically within the whole Eurozone,
    • At the level of the nature of the goods, with complete flexibility with respect to acquisitions: offices, commercial premises, commercial premises, warehouses, hotels, parking lots, walls of health institutions, student housing, logistics platforms, entertainment …
  • Look for good signatures between tenants, as well as commitments on long-term leases.
  • Prepare to focus on rental income.
  • The possibility of borrowing SCPI in order to carry out acquisitions within 40% of the value of its assets.

The legacy of sustainable intensification of crop production

  • Heritage area
    • December 31, 2021: 86,603 square metres
    • December 31, 2020: 22,804 square meters
  • Geographical distribution of assets (% in market value)
    • Ireland: 37% end of 2021 (up from 65% at the end of 2020)
    • Finland: 24% at the end of 2021 (nothing in 2020)
    • Spain: 15% at the end of 2021 (nothing in 2020)
    • Netherlands: 10% end of 2021 (up from 8% at the end of 2020)
    • Italy: 9% end of 2021 (up from 12% at the end of 2020)
    • Latvia: 3% end of 2021 (up from 15% at the end of 2020)
    • Portugal: 2% end of 2021 (nothing in 2020)

  • Distribution of assets by type (% in market value)
    • Offices: 93% end of 2021 (vs 82% at the end of 2020)
    • Retail: 6% end of 2021 (vs. 13% at the end of 2020)
    • Logistics: 1% end of 2021 (up from 5% at the end of 2020)
  • Detailing the rental risks(As of December 31, 2021)
    • 17 buildings Globally Held for Heritage 86,603 square metres.
    • a Average area per building from 5094 square meters.
  • 35 tenants for one The total leased area is 84862 m².
  • a The average tenant area is 2424 m².
  • a The total amount of rent, fees and related income received from 10.196 million euros in 2021.
  • a The average annual income per tenant is €291,314 in 2021.
  • a Average annual income per square meter From 117.73 €.
  • a Average Post Duration Pay the rent by every tenant From 6.80 years old.
  • Breakdown of risks by building (As of December 31, 2021, % of square meter area)
    • Wooden office building in Spain (15,955 m²) 18.4%
    • Outotec office building in Finland (14,376 square metres) 16.6%
    • An office building in Milan, Italy (7,946 square metres) 9.2%
    • Galeno 36 office building in Italy (6,744 m2) 7.8%
    • KPMG Netherlands office building (6,092 square metres) 7.0%
    • Triple Q office building in the Netherlands (5,685 square metres) 6.6%
    • Administrative building in Barclan, Spain (5,280 sq m) 6.1%
    • Citywest office building in Dublin (4,904 square metres) 5.7%
    • Marshallese office building in Ireland (4,845 square metres) 5.6%
    • Citrix office building in Dublin (4,744 square meters) 5.5%

In total, this 10 locations Represent 88.4% of the rental area of ​​SCPI at the end of 2021.

Costs

  • Subscription fee: 12.00% TTI
  • Annual management fee :
    • 13.20% TTI Rents excluding taxes collected and net financial income Cashing.
  • Share enjoyment period:
    • Carrying shares is fun for subscribers from 1Verse day 6The tenth After a month of subscription and payment.

The main characters

  • Financial occupancy rate (TOF)
    • December 31, 2021: 99.45%
    • December 31, 2020: 100%
  • Physical occupancy rate (TOP)
    • December 31, 2021: 96.59%
    • December 31, 2020: 93.1%
  • capitalization evolution
    • December 31, 2021: 306 million euros
    • December 31, 2020: 108.4 million euros
  • Market Value Distribution (TVDM) Ratio
    • 2021 TDVM: 6.12%
    • 2020 TDVM: 10.4%
  • number of partners
    • December 31, 2021: 8632
    • December 31, 2020: 3,107
  • number of parts
    • December 31, 2021: 1,498,383
    • December 31, 2020: 541.878
  • Share the price
    • December 31, 2021: €204
    • December 31, 2020: €200
  • Withdrawal value
    • December 31, 2021: €179.52
    • December 31, 2020: €176
  • real estate products
    (Rentals, Fees and Additional Products)
    • 2021: 10.196 million euros
    • 2020: 1.682 million euros

To learn more about Good Value for Money analysis, click on the following link: https://www.goodvalueformoney.eu/produit/selection-sel0000468-scpi-corum-eurion-selection-2022

All rights reserved to Good Value for Money


Discover other good value for money analyzes on the following topics:

Leave a Comment