Deutsche Konsum REIT-AG to Hold Extraordinary General Meeting for Restructuring Capital Increase

Deutsche Konsum REIT-AG will convene an Extraordinary General Meeting on December 4, 2025, as an in-person event in Berlin, where shareholders will vote on a restructuring capital increase that forms a cornerstone of the company's recovery strategy. This meeting represents a pivotal moment for the German real estate investment trust, which has been working with FTI-Andersch AG to develop a comprehensive restructuring concept presented on September 1, 2025.

The restructuring capital increase is planned as a mixed cash and contribution in kind capital increase with subscription rights, involving receivables from registered and convertible bonds with a volume of approximately €120 million. This substantial financial maneuver aims to stabilize the company's position in the challenging retail property market. The Federal Financial Supervisory Authority (BaFin) has granted a crucial exemption from the obligation to publish and submit a mandatory takeover offer under the German Securities Acquisition and Takeover Act (WpÜG), known as the restructuring exemption.

This regulatory approval is significant because it allows the Versorgungsanstalt des Bundes und der Länder (VBL) or affiliated companies to potentially gain control of the company through the restructuring process without triggering mandatory takeover requirements. The exemption facilitates the implementation of the restructuring plan by removing potential regulatory hurdles that could have complicated the capital increase process. Investors can view the original release on www.newmediawire.com for additional context about this development.

The importance of this restructuring effort extends beyond Deutsche Konsum REIT-AG to the broader German real estate investment trust sector, which has faced significant challenges in recent years. As a company focused on German retail properties for everyday goods at established micro-locations, Deutsche Konsum's restructuring could serve as a case study for other REITs navigating financial difficulties. The successful implementation of this capital increase could potentially restore investor confidence in the sector and demonstrate viable pathways for distressed real estate companies to recover.

For shareholders and bondholders, the outcome of the December meeting will determine the future trajectory of their investments. The proposed capital structure changes could significantly impact share value and the company's ability to continue its core business of acquiring, managing, and developing local supply properties. The restructuring concept developed with FTI-Andersch AG represents a comprehensive approach to addressing the company's financial challenges while maintaining its strategic focus on achieving consistent performance and leveraging hidden reserves in its property portfolio.