Deutsche Konsum REIT-AG Continues Negotiations on Bond Maturities

On May 2, 2024, Deutsche Konsum REIT-AG announced ongoing negotiations concerning the extension of two corporate bonds set to mature shortly. The bonds in question include an unsecured bond of EUR 70 million (Bond 1) with a maturity date of May 3, 2024, and a secured bond of EUR 35.9 million (Bond 2) maturing on May 31, 2024.

The company expressed optimism about reaching an agreement with bondholders in the upcoming weeks, although this outcome remains uncertain and requires approval from the Supervisory Board. As part of the negotiation process, the maturity dates for both bonds have been provisionally extended to June 30, 2024, with the consent of the bondholders involved.