Swedish business daily Dagens industri has leveled criticism at real estate company Corem Property for its recent acquisition of bank shares.

"Corem's year-end report on Friday revealed that the property giant had poured nearly 3 billion kronor into bank shares since the turn of the year. It's money the company doesn't really have and that its bleeding operations desperately need," the newspaper's analysts wrote in a commentary published Monday.

In Corem's annual report, controlling shareholder Rutger Arnhult's CEO statement noted that the company "at the beginning of 2026 made strategic investments in liquid and high-yielding listed Nordic bank shares."

Corem reported a net asset value of 10.70 kronor per share at the turn of the year. The B share most recently traded at 3.69 kronor, corresponding to a net asset discount of just over 65 percent.

"The company should use all available resources to invest in its portfolio to make it attractive and reduce vacancies. Instead, nearly 3 billion kronor is being plowed into bank shares, which have surged in recent years. If anything, this is a clear top signal for the banking sector," the newspaper concluded.