Deutsche Konsum REIT receives first restructuring plan

Deutsche Konsum REIT-AG [JSE:DKRE] announced today, May 7, 2025, that it has received an initial restructuring plan from FTI-Andersch AG. This plan aims for a sustainable restructuring of the company, primarily through property disposals targeting sales proceeds between EUR350 to EUR450 million by the end of 2027. The company also expects restructuring negotiations to extend beyond May 2025 and is actively engaging in talks to finalize or extend standstill agreements. The restructuring plan will now be discussed with relevant creditors. Deutsche Konsum REIT-AG has a primary listing on the Prime Standard of the Frankfurt Stock Exchange and a secondary listing on the JSE.