Sweden's Corem Property posts bigger loss

Corem Property AB

13/02/2026 07:08

Overview

Sweden real estate firm's net income increased in 2025

Corem achieved positive net letting of SEK 7 mln for the year

Company commenced share repurchase and faced credit rating downgrade

Outlook

Corem plans to divest US properties to focus on core markets in Sweden

Company expects negative earnings impact from US property divestments

Corem aims to enhance financial flexibility through strategic investments and share repurchases

Result Drivers

US DIVESTMENTS - Corem reduced risk exposure by divesting US properties, aligning with long-term strategy to focus on core Swedish markets

ENERGY EFFICIENCY - Cost reductions were achieved through energy efficiency measures and operational optimizations, contributing to stable earnings

POSITIVE NET LETTING - Despite a challenging market, Corem recorded positive net letting of SEK 27 mln for Q4, totaling SEK 7 mln for the year

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Net Income
-SEK 3.31 bln
FY Net Letting
SEK 7 mln
FY Operating income
SEK 2.23 bln
FY Profit From Property Management
SEK 863 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the real estate rental, development & operations peer group is "buy"

Wall Street's median 12-month price target for Corem Property Group AB is SEK4.70, about 14.4% above its December 12 closing price of SEK4.11

Press Release: ID:nWkr2Mkms8

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)