For the first time, CORUM XL invests outside the Eurozone. SGS Search supported the purchase by delivering a technical due diligence.
The office is located in Oldbury, at the border of Birmingham. The strategic location between London, Liverpool and Manchester makes it an important engine for British growth. This is one of the most dynamic regions in the United Kingdom. The building is located near several highways, as well as two train stations.
The tenant is Automobile Association Developments Ltd. They have signed a rental agreement for a period of 10 years. The rent is based on triple net, so all costs, taxes and maintenance costs can be charged from the tenant. The building is completed in 2003 and is currently being renovated. These costs are all charged to the tenant.
Have a look at all (inter)national inspections we did for CORUM XL!
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