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Corem Property Group AB (publ)

Corem Property Group AB (publ)

CORE-A.ST
Corem Property Group AB (publ)SE flagStockholm Stock Exchange
3.23
SEK
-0.07
- -
4.27BMarket Cap
Corem Property Group AB (publ)
CORE-A.ST
(Stockholm Stock Exchange)

Recent

price

3.23

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1.18
1.2
1.32
1.34
1.5
1.55
1.88
2.42
2.65
2.64
2.6
3.72
4.15
3.93
3.29
2.7
3.05
Revenue per Share
1.12
0.08
0.43
0.9
0.27
1.98
2.32
2.52
3.24
8.35
-0.52
5.43
-1.8
-7.39
-0.94
-2.58
-1.39
Basic EPS, GAAP
-0.26
0.14
0.44
0.6
0.03
0.41
0.07
0.27
0.26
-0.11
1.08
1.52
2.06
0.67
0.82
0.63
0.81
Free Cash Flow per Basic Share
0.2
0.25
0.25
0.27
0.29
0.31
0.45
0.52
0.6
0.65
0.81
0.6
0.58
0.77
0.59
0.41
0.43
Dividend per Share
2.07
1.75
1.96
2.63
2.47
4.21
5.76
7.89
10.64
18.55
17.11
15.89
8.72
-0.75
-2.06
-4.57
- -
Book Value per Share
5.33
4.84
5.07
5.79
5.65
7.46
9.31
11.67
14.54
22.43
21.19
39.45
26.76
18.76
17.81
12.01
15.77
Tangible Book Value per Share
393
415
411
416
414
404
394
372
365
364
343
783
1,081
1,079
1,125
1,283
1,183
Basic Weighted Avg Shares
463
497
544
556
621
626
740
900
965
961
894
2,912
4,491
4,244
3,695
3,465
3,605
Sales/Revenue/Turnover
68.25
68.41
70.77
69.6
73.11
70.29
73.24
73.89
71.81
68.89
70.36
60.16
61.14
63.69
59.57
60.26
59.86
Operating Margin (%)
- -
1
1
1
1
1
- -
1
- -
1
1
- -
26
23
22
18
21
Depreciation Expense
440
35
175
372
112
800
915
937
1,183
3,114
-108
4,321
-1,948
-7,970
-1,059
-3,311
-1,643
Net Income, GAAP
6.98
20.45
14.63
16.22
30.86
11.6
10.03
16.26
12.31
6.06
201.89
20.89
- -
- -
- -
- -
- -
Effective Tax Rate (%)
95.03
7.04
32.17
66.91
18.04
127.8
123.65
104.11
122.59
324.04
-12.08
148.39
-43.38
-187.79
-28.66
-95.56
-45.58
Profit Margin (%)
45
-1,435
-1,650
-760
-2,272
-1,041
-2,566
-2,616
-1,960
-851
-4,307
-14,797
-14,042
-14,344
-17,088
-10,080
-10,787
Working Capital
3,091
2,882
2,900
4,204
3,428
4,783
5,222
5,572
7,574
5,473
5,728
33,016
34,368
20,880
16,065
19,009
19,507
LT Debt
2,096
2,008
2,082
2,405
2,343
3,011
3,671
4,340
5,302
8,172
7,277
33,938
31,311
22,017
21,511
16,490
20,110
Total Equity
5.32
4.34
5.09
4.64
4.1
4.66
4.89
4.72
4.51
4.09
-3.9
2.81
- -
- -
- -
- -
- -
Return on Invested Capital (%)
10.19
4.01
6.95
9.97
4.53
14.43
13.45
11.5
12.12
24.69
-2.71
12.57
- -
- -
- -
- -
- -
Return on Capital (%)
71.84
4.55
22.89
39.22
10.57
58.72
46.1
36
34.71
57.18
-2.85
46.39
-17.82
-160.77
-433.13
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
16,908
10,955
10,441
LT Borrowings
14,238
19,430
17,747
LT Finance Leases
1,827
1,795
1,760
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,192
1,192
1,302
Market Capitalization
7,399
5,479
6,864

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
1,442
1,376
1,413
Cash, Cash Equivalents & STI
586
439
536
Accounts Receivable, Net
47
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
18,530
12,483
12,200
Payables & Accruals
- -
- -
- -
ST Debt
16,908
10,955
10,441
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
40.88%
60.66%
-23.34%
Free Cash Flow
-73.82%
51.55%
-11.74%
Net Income, GAAP
-370.81%
-762.19%
212.65%
Sales/Revenue/Turnover
29.5%
51.06%
-6.22%
Total Cash Common Dividend
20.77%
28.34%
-20.64%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
940
942
898
915
3,695
2025
896
896
823
- -
3,465
2026
799
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.15
0.15
-0.24
-0.67
-0.94
2025
-0.07
-0.41
-1.67
- -
-2.58
2026
-0.05
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.19
0.19
0.1
0.1
0.59
2025
0.11
0.11
0.09
- -
0.41
2026
0.1
- -
- -
- -
- -
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Business
Corem Property Group AB (publ) (CORE-A.ST) owns, manages, develops, and leases commercial real estate properties focused on offices, warehouses, logistics facilities, and retail spaces in metropolitan and growth areas. The company maintains a diversified portfolio comprising approximately 267 investment properties with 2,158 thousand square meters of lettable area valued at SEK 51.7 billion as of June 30, 2025, primarily concentrated in Stockholm (41% of property value), Gothenburg, New York, Copenhagen, and other Swedish growth regions and logistics hubs. It offers in-house property management services emphasizing long-term sustainable ownership, property refinement, urban development, and tenant proximity through local offices. Corem's property types include centrally located premium offices such as the 1245 Broadway project in Manhattan; efficient city logistics and warehouse premises near major access routes; and retail properties, serving a broad customer base from design agencies and financial services firms to telecommunications companies like Ericsson. The company operates geographically across Sweden's largest cities and logistics hubs, Denmark, and the United States, with building rights enabling tailor-made newbuilds in collaboration with tenants. Founded in 1993 and headquartered at Riddargatan 13C in Stockholm, Sweden, Corem employs around 280 staff under CEO Rutger Arnhult and is listed on Nasdaq Stockholm Large Cap with series A, B, D ordinary shares and preference shares. In recent developments, Corem signed two new leases totaling over 2,000 square meters at its 1245 Broadway Manhattan project in September 2025 with tenants R/GA (1,423 sq m, five-year term) and a financial services firm (605 sq m, seven-year term), boosting U.S. annual contract value by USD 2 million and raising building occupancy to 80% ahead of April 2026 move-ins. The company extended a lease agreement with Ericsson in Kista and divested the 28&7 property in New York during 2025. In June 2025, Corem sold five properties in Uppsala, Örebro, and Linköping to Castellum for an underlying value of SEK 1.74 billion, aligning with portfolio optimization in growth regions.