on Deutsche Konsum REIT-AG (isin : DE000A14KRD3)
Deutsche Konsum REIT-AG Updates on Reorganisation Plan
Deutsche Konsum REIT-AG has received a preliminary restructuring plan from FTI-Andersch AG. This plan, crucial for the company's sustainable restructuring, includes significant property disposals. The estimated sales proceeds range from EUR 350 to 450 million, targeted by the end of 2027. Management aims to discuss this plan in detail with relevant creditors to move forward effectively.
The company anticipates that the negotiations regarding the restructuring will extend beyond May 2025. It is actively engaged in talks to conclude or extend standstill agreements, which are pivotal for maintaining current financial conditions during these negotiations.
R. E.
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