Corem Property Group (CORE) investor relations material

Executive summary

• Strategic focus in 2025 on risk reduction, core business strengthening, and significant divestments, especially in the US, streamlining the portfolio toward major cities and Swedish markets.

• Stable earnings supported by energy-efficiency measures, sustainability, and positive net letting, despite a challenging economic and geopolitical environment.

• Major leases signed and renegotiated, including with Region Uppsala, Elgiganten, and Ericsson.

Financial highlights

• Income for 2025 reached SEK 3,465 million, down from SEK 3,695 million year-over-year.

• Profit from property management was SEK 863 million, compared to SEK 914 million last year.

• Operating surplus was SEK 2,225 million with a 64% margin.

• Net loss for the year was SEK -3,311 million (SEK -2.96 per share), with property value changes of SEK -3,906 million.

• NAV per ordinary share A/B was SEK 10.70, down from SEK 15.97.

Outlook and guidance

• Entering 2026 with a more focused and financially robust position, expecting improved economic conditions.

• Continued focus on improving occupancy rate, operating margin, and selective property divestments.

• Ongoing optimization of financial structure and emphasis on projects supporting new lettings and environmental footprint reduction.