The CORUM Austria team led by Patrick Ortner, Head of Fundraising Austria, welcomed investment advisors and partners to a festive evening that focused on the common path of the past five years, the goals achieved so far, and an outlook on the further development of the company .
“Today we are celebrating the 10th anniversary of our group and our 5th presence in Austria. For us, that means 10 years of serving our customers, 10 years of keeping our performance promise for each of our funds and 10 years of building a win-win relationship with our 2,000 sales partners – 200 of them in Austria.” And he also emphasizes: “About the performance Furthermore, our goal as a company always remains the same: to serve the interests of our customers and partners with professionalism, expertise and humanity,” says Carlos Romero, Head of International, who was present as a representative of the CORUM Group.
An outlook – growth and performance
The CORUM Group consists of 200 employees with more than 20 nationalities, which will grow by another 50 employees by the end of 2023. According to CORUM, assets under management, which were around EUR 4 billion before the COVID crisis, will exceed the EUR 6 billion mark in the foreseeable future.
CORUM is also expanding geographically: in addition to offices in Amsterdam, Lisbon, London, Dublin, Singapore and Vienna, entry into the German market is imminent. The permits required for this are expected in the foreseeable future.
According to current forecasts, the fund performance for 2022 is just under 7% for CORUM Origin and over 5.5% for CORUM XL.
CORUM in Austria
In Austria, private investors have so far invested around 35 million euros in CORUM real estate funds. By the end of 2022, the company expects assets under management of around 50 million euros from a total of around 2000 customers.
Furthermore, subject to regulatory approvals, the product launch of CORUM Eurion, the third real estate fund in the CORUM product range alongside CORUM Origin and CORUM XL, is to follow in 2023. CORUM Eurion was launched in 2020 and awarded the ISR label by the French Ministry of Economy, Finance and Economic Cycles.
Photo above: Carlos Romero, CORUM Head of International