CORE-BNasdaq StockholmReal EstateIFRS · SEK

Corem Property Group

Corem Property Group is a real estate company that sustainably owns, manages, and develops commercial properties in urban and growth areas. The company is listed on Nasdaq Stockholm, Large Cap, and focuses on providing attractive premises solutions to tenants. Corem has been actively divesting non-core properties to streamline its portfolio and improve financial flexibility. The company is committed to enhancing the environmental performance of its properties as part of its sustainability strategy.

Revenue3,465m SEK
−6.2 %y/y
Operating profit (EBIT)2,088m SEK
−5.1 %y/y
EBIT margin60.3%
+0.7 ppy/y
Net income-3,311m SEK
−212.9 %y/y
Free cash flow812m SEK
−11.7 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

-10,000-5,00005,000m SEK2021: 2,805 m SEK20212022: 4,491 m SEK2022: EBIT -1,316 m SEK20222023: 4,244 m SEK2023: EBIT -8,338 m SEK20232024: 3,695 m SEK2024: EBIT 2,201 m SEK20242025: 3,465 m SEK2025: EBIT 2,088 m SEK20253,4652,088
RevenueOperating profit (EBIT)

Business

Share of revenue
Commercial Property Management40 %

Includes the ownership and management of commercial real estate.

Property Development30 %

Involves developing properties in urban and growth areas.

Office Leasing15 %

Leasing office spaces to businesses.

Logistics and Warehouse Leasing15 %

Leasing logistics and warehouse spaces.

Customers

Corem Property Group serves a diverse range of customers, primarily businesses seeking office and logistics spaces. The company targets urban and growth areas, providing modern and sustainable premises solutions. Customers include companies in need of well-located warehouse and logistics properties, as well as businesses looking for office spaces in key markets like Stockholm. Corem's focus on sustainability and modern property solutions appeals to environmentally conscious tenants.

Office Tenants

Businesses leasing office spaces in urban areas for their operations.

Logistics Companies

Companies leasing logistics and warehouse spaces for distribution needs.

Sustainability-focused Businesses

Tenants prioritizing environmentally sustainable premises.

Strategy

Corem's strategic priorities include streamlining its property portfolio through selective divestments and focusing on sustainable development. The company aims to enhance its financial flexibility by reducing liabilities and issuing green bonds. Corem is committed to improving the environmental performance of its properties to meet future needs and ensure long-term competitiveness. The company also focuses on persistent letting efforts to attract and retain tenants.

Portfolio OptimizationMedium term

To focus on core assets and improve financial flexibility.

Sustainability InitiativesLong term

To enhance property value and meet tenant demands.

Financial StabilityShort term

To ensure resilience against market fluctuations.

Geography

Corem Property Group operates primarily in Sweden, with a significant presence in Stockholm and other urban growth areas. The company focuses on regions with high demand for commercial properties, particularly in logistics and office spaces. Corem's strategic divestments and acquisitions are concentrated in these key markets to optimize its portfolio. The company's geographical focus allows it to capitalize on urbanization trends and economic growth in these areas.

Risks

Corem faces several risks, including market fluctuations and economic stagnation, which can impact property values and rental demand. The company's financial performance is sensitive to interest rate changes, as seen in recent refinancing activities. Additionally, the real estate sector is subject to regulatory changes and environmental compliance requirements. Corem's focus on urban areas exposes it to risks associated with urbanization trends and economic cycles.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Economic Stagnation1Interest Rate Volatility2Regulatory Compliance3
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Economic StagnationImpact: HighLikelihood: High

    Affects rental demand and property values.

  2. Interest Rate VolatilityImpact: MediumLikelihood: High

    Impacts refinancing costs and financial stability.

  3. Regulatory ComplianceImpact: MediumLikelihood: Medium

    Involves costs and operational adjustments.

Accounting

Judgemental items
Property Valuation

Significantly affects reported income and balance sheet.

Impact: high

Revenue Recognition

Influences timing and amount of reported revenue.

Impact: medium

Interest Rate Hedges

Affects financial costs and net income.

Impact: medium

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Corem Property Group (CORE-B) Revenue, Earnings & Financials 2025 – Clarifo