Corem Property Group
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Corem Property Group (CORE) investor relations material

Corem Property Group Q3 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2026 earnings summary21 Oct, 2026

Executive summary

  • Comparable-portfolio income rose 1% and operating surplus rose 2% in 9M, while total-portfolio income and operating surplus declined amid divestments.

  • Priorities remained improving occupancy, operating efficiency and cash flow, while using strategic sales to reduce debt and financing costs.

Financial highlights

  • 9M income was SEK 2,382m vs SEK 2,642m; net operating income was SEK 1,511m vs SEK 1,723m.

  • 9M profit from property management was SEK 693m vs SEK 695m; net profit was SEK 33m vs a SEK 1,015m loss.

  • 9M property value changes were SEK -955m; financial asset and derivative value changes were SEK +332m and SEK +185m, respectively.

  • Cash flow from operating activities before working-capital changes was SEK 627m vs SEK 561m in 9M.

Outlook and guidance

  • Priorities included increasing occupancy, improving existing-portfolio earnings and operating efficiency, and strengthening cash flow; no numerical guidance was stated.

  • Strategic disposals were intended to streamline the portfolio, release capital, reduce borrowing and lower financial expenses.

  • Financing plans included extending debt duration and fixed-rate periods, refinancing bonds, repaying expensive loan structures and improving the bank/credit mix.

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Frequently asked questions

Corem Property Group AB, a real estate company, owns, manages, and develops industrial, warehouse, logistics, and retail properties in the Nordic Region. It operates through the following business segments: Corem Nordic for Denmark-based portfolio; Corem Stockholm for Sweden-based portfolio; Corem Finland for Finland-based portfolio; Corem Norway for Norway-based portfolio; and Corem Services. The company's industrial properties consist of office buildings, research facilities, workshops/factories, storage rooms, and technical premises. It also provides leasing services to small and medium-sized enterprises; property management services (leasing and controlling) to residential properties such as apartments and terraced houses; real estate brokerage services; and financial leasing services of equipment. Corem Property Group AB is based in Stockholm, Sweden.