Ratings

On 23 December 2024, Corem received an updated credit rating from Scope Ratings GmbH (“Scope”). The update affairs the BBB/negative outlook rating.

The rating confirmation from Scope reflects Corem’s actions to reduce debt and strengthen its balance sheet, including through divestments of properties and raising capital to repay debt, while the continued negative outlook reflects the risk that credit measures such as interest coverage ratio and loan-to-value remain below Scope’s thresholds.