Corem Property Group

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We are pleased to be able to develop our building rights further, in cooperation with ALM Equity. We see great potential in our building rights in terms of development of rental housing. By creating a company dedicated to that development those values are made visible and through the collaboration with ALM Equity, the potential is further increased. For Corem's part, we increase our focus on commercial properties and take further steps regarding investment grade.

Eva Landén, CEO of Corem

It is gratifying that we, together with Corem, have now agreed on our future joint management company, which in the long run will be one of Sweden's largest. We are two entrepreneurial companies with long experience, where our strength as a housing developer together with Corem's solid experience of management will provide a good foundation. We look forward to an exciting journey together with Corem and all employees in the new company. This agreement shows that ALM's business model is well working and that means our journey as a business builder takes another step forward.

Joakim Alm, CEO of ALM Equity

We see great potential in our building rights in terms of development of rental housing. By creating a company dedicated to that development those values are made visible and through the collaboration with ALM Equity, the potential is further increased. For Corem's part, we increase our focus on commercial properties and take further steps regarding investment grade.

Eva Landén

We look forward to welcoming these four tenants to tailor-made premises at Corem

Corem’s CEO Eva Landén

For several years we have worked actively to strengthen the company's financial key figures, efforts which have given good effects. To now receive an investment grade rating from Scope confirms that we stand on a strong and solid foundation. It is also an important step on our future journey, where we aim to create one of the Nordic region's leading real estate companies in commercial properties.

Eva Landén, CEO

I look forward to starting the journey to become the Nordic region's leading real estate company with a focus on growth locations, together with the new management team. As we now become a joint company, we aim to utilise the extensive expertise that exists within the two organizations, and we will continue to have a high business pace. We have a balanced property portfolio which is well positioned geographically and contains both a strong base in its property management and property development projects which contribute with increased growth- and return potential. I am very pleased with the extensive knowledge and experience we now gather in the new joint management team, and believe that we, together with the organization as a whole, are well equipped to develop the company forwards.

Eva Landén, CEO

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Corem and ALM Equity create a joint company

Fri, Feb 25, 2022 07:45 CET

On 23 November 2021, Corem Property Group AB (“Corem”) and ALM Equity AB (“ALM”) signed a letter of intent to investigate the conditions for creating a joint company. The parties have now entered into a binding agreement to form a joint company (the “Company”). The purpose of the company is to develop efficient and climate-smart rental housing for own management. Its portfolio will include both investment properties and building rights for future development. The building rights portfolio consists of approximately 65 projects with potential for a total of approximately 24,000 homes.

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Corem and ALM Equity create a joint company

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