Corem Property Group (CORE) investor relations material

Executive summary

• Positive leasing momentum and focus on strengthening financial position and strategic flexibility in the first half of 2026.

• Income for January–June 2026 was SEK 1,586 million, down from SEK 1,792 million year-over-year, mainly due to divestments and agreed discounts.

• Profit from property management reached SEK 486 million.

• Net loss for the period was SEK -57 million, a significant improvement from SEK -578 million last year.

• Major property divestment in New York and full leasing of 1245 Broadway marked key milestones.

Financial highlights

• Income for January–June 2026 was SEK 1,586 million.

• Profit from property management reached SEK 486 million.

• Comparable portfolio income increased by 1% year-over-year.

• Net letting for April–June 2026 was SEK 19 million, with a trailing 12-month net letting of SEK 30 million.

• NAV per ordinary share (Class A/B) was SEK 11.15.

Outlook and guidance

• Continued use of property transactions to reduce debt and adapt the portfolio to market conditions.

• Focus remains on increasing occupancy, profitability, and cash flow, while continuing to reduce debt and financial costs.

• Market conditions remain uncertain but show signs of stabilisation, with improved access to capital and stronger rental market activity.

• Ongoing focus on refining the existing portfolio and tenant adaptations.

• Investments prioritized for projects supporting new lettings and resource efficiency.