Corem Property Group Ab Class A · OMXSTO:CORE_A
Corem Property Group Ab Class A — Q3 2026 Earnings Presentation
20 slides from Corem Property Group Ab Class A's earnings presentation, Oct 21, 2026
Slide 1: Interim Report January – September 2026
Interim Report January – September 2026 21 October 2026
Slide 2: Properties for the future
ABOUT COREM Properties for the future We have solid expertise in managing commercial real estate, but above all in creating possibilities. At our core lies in -house, locally based and sustainable property management. Our portfolio provides premises in strong, attractive locations. Complemented by o
Slide 3: Property portfolio geographically well focused to attractive locations
Property portfolio geographically well focused to attractive locations within major cities and growth regions • Portfolio with premises for commercial use LETTABLE AREA BY TYPE • In -house property management • Expertise in property development Other Office • Proven track record in sustainability 12
Slide 4: Summary January – September 2026
Summary January – September 2026 “Positive development in the core business and continued focus on improving cash flow” 4
Slide 5: Property operations January – September 2026
Property operations January – September 2026 2 382 693 +32 +7 Income, Profit from property Net letting Net letting SEKm management, SEKm R12, SEKm July -Sep 2026, SEKm 6.2 45 11.16 +2 Average yield, Property value, NAV per ordinary Operating surplus in SEKbn share of Class A/B, comparable % SEK port
Slide 6: Net letting, rental value per sq.m, contract maturity
Net letting Rental value per sq.m Contract maturity SEKm SEK SEKm 140 2 500 1 400 120 100 1 200 2 000 80 1 000 60 1 500 40 800 20 1 000 600 0 -20 400 -40 500 -60 200 -80 – 0 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2022 2023 2024 2025 2026 2026 2027 2028 2029 2030- 2023 2024 2025 2026 Trai
Slide 7: Selection of lettings and extensions
Selection of lettings and extensions Linköping Uppsala Linköping Signed 6 year lease with Länsstyrelsen Signed 4 year lease with Rarity Bioscience Signed 5 year extension with Ericsson 6,300 sq.m 1,300 sq.m 16,000 sq.m occupancy from Q3 2027 occupancy from Q4 2026
Slide 8: Ongoing and completed tenant improvements
Ongoing and completed tenant improvements Nyköping Stockholm - Kista Ongoing tenant adaptation for Ongoing tenant adaptation Länsförsäkringar , 2 600 sq.m for a mobility company , 2,290 sq.m office + 3,400 sq.m land New York 17 600 sq.m and fully let. Final tenant adaptions completed in the third qu
Slide 9: Investments
2.9 2.0 1.3 1.5 Investments , SEKbn 2022 SEKbn 2023 SEKbn 2024 SEKbn 2025 trailing 12 months 3500 • Portfolio attractiveness and efficiency over time . 3000 • T enant adaptations, conversion from single - 2500 tenant to multi -tenant , improvements in technical standard, urban development. 2000 1.3
Slide 10: Future development opportunities
Globen - Söderstaden Uppsala Business Park Västerås City Stockholm North - Kista Future development opportunities
Slide 11: Property transactions
-7 000 Property transactions -6 000 -5 000 Transactions will continue to be an integral part of Corem’s business model, provid ing means to reduce -4 000 debt and improve cash flow. Over the past years, we have made divestments required to handle bond maturities. We will keep using transactions as a
Slide 12: Average yield and market value
Average yield and market value SEKm SEK 90000 7,0% 6,1% 6,1% 6,1% 6,2% 6,0% 6,0% 6,0% 6,0% 80000 5,8% 5,9% 5,9% 5,9% 5,5% 6,0% 5,3% 5,4% 70000 5,2% 4,9% 5,0% 5,0% 5,0% 60000 50000 4,0% 40000 3,0% 30000 2,0% 20000 1,0% 10000 0 0,0% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2022 2022 20
Slide 13: Financial position, Q3 2026
Financial position, Q3 2026 1.7 56 4.1 ICR , R12 LTV, Average % interest rate, % 29 3.7 Interest -bearing Financial assets, liabilities, SEBbn SEKbn 13
Slide 14: Financial position
Financial position Interest-bearing liabilities LTV Equity ratio* SEKbn % 56% 37% % 29 SEKbn 70 50 50 45 60 40 40 50 35 30 40 30 25 30 20 20 20 15 10 10 10 5 0 0 0 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2018 2019 2020 2021 2022 2023 2024 2025 2026 2024 2024 2024 2025 2025 2025 2025 20
Slide 15: Financing
Interest coverage ratio 1.7 R12 Financing 3,5 3 Continue optimizing the financial position 2,5 2 1,5 • Diversification of funding sources and proactive 1 management of the debt maturity profile 0,5 • Reposition and refinance bonds, optimizing structure as 0 well as bond durations 2018 2019 2020 2021
Slide 16: Outstanding bond volumes
Outstanding bond volumes Outstanding bond volumes Breakdown of Interest -bearing liabilities 14000000 16% 4% 15% 15% 13% 14% 12000000 14% 14% Unsecured bonds 10000000 Bank loans Commercial paper 83% 12% 8000000 11% 10% 10% Bond maturity 6000000 10% SEKm 1 400 1 265 4000000 1 200 976 8% 1 000 920 200
Slide 17: Value-creation in capital management
Value -creation in capital management Repurchase of own shares Bank Holdings • Buybacks of own shares of SEK 550 million • Serves as a strategic liquidity buffer during the year • Investments in high -yielding listed Nordic bank • 11% of total amount of B -shares shares for a more value -creating ca
Slide 18: Solid track-record and continued strong progress
SUSTAINABILITY Solid track -record and continued Customer Engagement Green Assets, share of property Energy efficiency , portfolio average Satisfaction , NKI Index, Staff value kWh/ sqm strong progress 75 88 33% 74,2 For Corem, sustainability means working methodically, securing long-term competitiv
Slide 19: Priorities in building Corem for the future
Priorities in building Corem for the future Our strengths Focus areas • Geographically well positioned to growth markets • Improve occupancy rate and operating margin • Competitive portfolio in attractive locations • Keep optimizing financial structure and reduce debt • Attractive land bank and deve
Slide 20: Questions
Questions 20