Branicks Creditors Approve Restructuring with 99% Vote

Branicks Group AG, a leading German listed specialist for office and logistics real estate, has secured a major victory in its financial restructuring efforts. Holders of the company’s €400 million corporate bond, originally due in 2026, voted 99% in favor of restructuring the company’s liabilities, endorsing the financial restructuring plan developed by Branicks. The plan extends maturities on bonds, promissory note loans, and registered bonds, setting a new maturity date of September 30, 2030, for €375 million and September 30, 2028, for an additional €220 million. Josef Schultheis, Chief Restructuring Officer at Branicks Group AG, commented, “Our creditors’ vote is a sign of confidence in our restructuring plan. With the time we've gained, we can now refocus fully on our business and use our resources and expertise to capitalize on opportunities in what remains a challenging market for us.”

Following the creditors’ decision, technical requirements for implementation still need to be clarified in the coming weeks, with the goal of the restructuring plan taking effect by the end of the 2026 fiscal year, or by March 31, 2027, at the latest. In a separate move, Branicks announced the termination, by mutual agreement, of consulting agreements with MDC Matthias Danne Consulting GmbH and BLACKLAKE Management Partners GmbH, whose managing directors are Supervisory Board members Dr. Matthias Danne and Dr. Johannes Conradi. Both firms have entered into service agreements with a company financed by the creditors.

Branicks Group AG, formerly DIC Asset AG, manages properties with a market value of €10.1 billion in its Commercial Portfolio and Institutional Business segments as of June 30, 2026. The company is committed to sustainability and holds top positions in ESG ratings such as Morningstar Sustainalytics and S&P Global CSA. For more details, visit www.branicks.com. The original release is available on www.newmediawire.com.