1. Sweden Stocks

  2. •

    Real Estate

  3. •

    Real Estate - Services
Corem Property Group AB (publ)

Corem Property Group AB (publ)

CORE-B.ST
Corem Property Group AB (publ)SE flagStockholm Stock Exchange
2.32
SEK
+0.02
- -
4.30BMarket Cap
Corem Property Group AB (publ)
CORE-B.ST
(Stockholm Stock Exchange)

Recent

price

2.32

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
7,523
5,341
6,154

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
- -
- -
- -
- -
Similar Companies
Fastighetsbolaget Emilshus AB (publ) (EMIL-B.ST)
Tribe Property Technologies Inc. (TRPTF)
Century21 Real Estate of Japan Ltd (8898.T)
Midea Real Estate Holding Limited (3990.HK)
Shanghai Golden Union Business Management Co., Ltd. (603682.SS)
Beijing Zodi Investment Co., Ltd. (000609.SZ)
Business
Corem Property Group AB (publ) is a Swedish real estate company specializing in the acquisition, development, management, and refinement of commercial properties. Its property portfolio comprises primarily offices and logistics/warehouse facilities, with a geographic focus on metropolitan and growth regions including Stockholm, Gothenburg, Copenhagen, and New York. Corem's products and services include ownership and management of investment properties, property development with building rights for tailor-made premises, and active property refinement to meet tenant needs. The portfolio consists of approximately 267 investment properties with over 2 million square meters of lettable area valued at about SEK 51.7 billion as of mid-2025. The company operates with an in-house property management team to maintain close tenant relations and market awareness. Recently, Corem has undertaken major strategic actions to streamline and strengthen its portfolio and financial position. In 2025, Corem divested several properties for a total underlying value exceeding SEK 5 billion, including a portfolio of five office and hotel properties in Linköping, Uppsala, and Örebro, exiting Örebro to focus more geographically. It also agreed to sell a project property in New York for approximately SEK 770 million, marking continued withdrawal from certain US projects. In June 2025, Corem completed a directed new share issue raising SEK 939 million to improve capital structure and reduce net liabilities, supporting the redemption of a SEK 1.1 billion hybrid bond. These measures reflect Corem’s strategic focus on portfolio optimization, financial consolidation, and sustainable property management amid challenging market conditions. Corem’s industry focus encompasses commercial real estate, notably office and logistics spaces with additional exposure to retail and mixed-use properties. Its target customers include corporate tenants seeking centrally located offices and efficient logistics premises in major urban hubs. Founded in 1993 and headquartered in Stockholm, Sweden, Corem is listed on Nasdaq Stockholm under several share classes. The company maintains a long-term ownership perspective aimed at value creation through active portfolio management, property refinement, and urban development initiatives in Sweden and select international markets. Corem has divested select non-core assets and strengthened its balance sheet over the last two years to position for sustainable growth in a dynamic real estate sector.