Corem Property Group AB Preference Shares (0NMO)

Profile

https://www.corem.se

Corem Property Group AB Preference Shares are a distinct class of equity issued by Corem Property Group AB, a Swedish real estate company focused on acquiring, managing, refining, and developing properties in metropolitan and growth areas. These shares form part of the company's four share classes listed on Nasdaq Stockholm Large Cap, alongside ordinary shares of Class A, B, and D. Preference shares carry a limited voting right of one-tenth of a vote per share, prioritizing dividend distributions ahead of ordinary shares under the company's policy, which targets at least 35 percent of profit from property management after deductions for Class D and preference dividends. Corem's portfolio emphasizes industrial, logistics, storage, office, warehouse, and retail properties, concentrated in key Swedish regions like Stockholm, South, West, Smaland, and Malardalen, with extensions to Copenhagen, Denmark, and New York, USA. Employing around 280 staff, the firm maintains local management for optimal tenant proximity and flexibility, owning 266 properties totaling 2,156 thousand square meters of lettable area, playing a vital role in sustainable urban and logistics real estate markets.