Scope affirms Corem's issuer rating
Corem Property Group AB (publ) ("Corem") has today received an updated issuer rating from Scope Ratings GmbH ("Scope"). The update affirms the issuer rating BBB-/negative outlook.In its assessment, Scope emphasizes Corem's early action to reduce leverage and strengthen the balance sheet through divestments and debt amortization, as well as the strength of the property portfolio's good locations. Regarding the continued negative outlook, Scope refers to the expected impact of the prevailing macroeconomic environment on the company's interest coverage ratio.Corem intends to continue to be