The total leasable area amounts to approximately 9,300 sqm, consisting mainly of premises for offices complemented by restaurants on the ground floor. Transfer of the property is planned to take place at the end of August 2025.
The divestment causes a net profit effect of approximately SEK -215 million, which is mainly due to the challenging combination of averse market conditions during the project period, including increased production and project financing costs, as well as an extended completion time.
For the entire interim period (January-June 2025), Corem’s total divestments amount to around SEK 3.5 billion in underlying property value, with a net profit effect of approximately SEK -135 million.
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