News | Nordic Property News

ARTICLES TAGGED WITH "Corem"

Corem's Chairman: This Is the Reason for the Change in CEO

Sweden — Corem makes a change in CEO. Rutger Arnhult steps in as new CEO and Eva Landén moves to a role as Deputy CEO. Chairman of the board Patrik Essehorn tells Nordic Property News about the shift, about the work ahead and how the new top duo will lead the company.

Rutger Arnhult Appointed CEO of Corem

Sweden — The Board of Directors of Corem has appointed Rutger Arnhult as CEO of the company, effective from 16 June 2023. He succeeds Eva Landén who will assume the role as Executive Vice President.

Corem Signs Lease Contract in New York

Sweden — Corem has signed a lease contract for approximately 605 sq.m. of office space at the project property 1245 Broadway in New York.

Corem Makes Another Portfolio Divestment

Sweden — Corem has signed an agreement to divest a portfolio of ten properties in Kalmar for a total underlying property value of SEK 425 million, which is in line with book value.

Corem Completes Major Divestment

Sweden — Corem has transferred possession of the remaining 40 properties in a previously communicated transaction of 47 properties with an underlying property value of SEK 5,350 million.

Corem Signs Lease in Örebro

Sweden — Corem has signed a 3-year lease with WSP for approximately 1,520 square meters of office space in newly built Örebro Entré, property Olaus Petri 3:234.

Rutger Arnhult Proposed as New Board Member of Corem

Sweden — The nomination committee of Corem proposes a new election of the main owner Rutger Arnhult as a board member.

Svenska Hus Makes Stockholm Acquisition from Corem

Sweden — Svenska Hus expands its commercial portfolio and acquires another property, Induktorn 37, in the Ulvsunda industrial area in Bromma, where Svenska Hus today owns seven properties of approximately 34,000 square meters. The property at Ranhammarsvägen 26 contains offices and warehouses of approximately 6,700 square meters and is fully leased until June 2029. The acquisition was made from Corem and access took place on March 24.

Corem Divests Two Properties in Stockholm

Sweden — In two separate transactions, Corem has signed agreements for the sale of two properties at a total underlying property value of SEK 467 million.

Corem Sells Site Leasehold in Stockholm

Sweden — Corem has signed an agreement to divest the site leasehold to the property Stockholm Induktorn 37 at an underlying property value of SEK 127 million, which is in line with book value.

Corem Sells 17 Properties in Stockholm for SEK 949 Million

Sweden — Corem has signed an agreement to divest 17 properties in the Stockholm area at a total underlying property value of SEK 949 million.

Corem Continues to Sell: "Divestments Can Create Great Opportunities"

Sweden — On Tuesday, CEO Eva Landén set the course for 2023, which means that Corem will continue to be a net seller. The assessment is that, despite the lack of transactions that lowered the property value by four percent in the company, there are good deals to be made during the year. For Corem, the cash flow must be replenished and the interest coverage ratio increased as the management result fell by over ten percent compared to the previous year.

Corem Makes Divestment North of Copenhagen

Denmark — Corem has signed a contract to sell the property 1 kh Rudegård Ny Holte at an underlying property value corresponding to SEK 106 million, which is in line with book value.

Corem Sells Three Properties

Sweden — Corem divests three properties in Norrköping and Partille for SEK 116M.

Corem Makes More Divestments – Sells Four Properties

Sweden — Corem has signed contracts to sell four properties in Nyköping to Björksunds Förvaltnings AB at a total underlying property value of SEK 168 million, which is in line with book value.

Corem's CEO on the Major Deal with Blackstone: "Maybe We'll Get Time Off This Christmas"

Sweden — Corem will continue to be a net seller in 2023, is the message CEO Eva Landén gives when Nordic Property News gets a hold of her after the major sale of nearly 50 properties to a value of close to SEK 5 billion. "We will do everything to strengthen Corem's financial position," says the CEO.

Wihlborgs Acquires Two Properties in Malmö

Sweden — Wihlborgs has signed agreements to acquire the Sufflören 4 property in Hyllie, which is a combined office and warehouse property of 5,100 sqm, and the currently undeveloped Sunnanå 12:26 property of 10,000 sqm.

Corem Divests in Malmö

Sweden — Corem has signed a contract to divest the property Malmö Kajan 37 at an underlying property value of SEK 135 million.

Corem Divests Malmö Property

Sweden — Corem has signed a contract to divest the property Malmö Kajan 37 at an underlying property value of SEK 135 million.

Corem Signs LOI for Massive Sale

Sweden — Corem has signed a letter of intent to divest a property portfolio at an underlying property value of approximately SEK 5,350 million, which is in line with book values.

Corem Divests Stockholm Property

Sweden — Corem has signed a contract to divest the site leasehold to the property Stockholm Konsumenten 3 for an underlying property value of SEK 125 million.

Corem Signs a Lease Contract in New York

Sweden — Corem has signed a lease contract for approximately 555 sqm of office space at the project property 1245 Broadway in New York. The tenant, an American digital advertising company, will move in during the summer of 2023 and the lease term is five years.

Corem Withdraws Tender Offer

Sweden — Corem has decided to withdraw the outstanding tender offer for the Corem 2020/2023 SEK bonds and Corem Kelly AB's due to prevailing market conditions.

Corem Signs Leases in Västerås and Eskilstuna

Sweden — Corem has signed three lease contracts with a total annual contract value of SEK 9.5 million.

Corem Sells Properties for SEK 200 Million

Sweden — Corem has signed contracts to divest seven properties for a total underlying property value of SEK 200 million. The properties are situated in Borås, Lerum and Gothenburg.