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

Deutsche Konsum REIT-AG will hold 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 represents a key measure of the restructuring concept developed with FTI-Andersch AG. This capital increase, planned as a mixed cash and contribution in kind capital increase with subscription rights, could involve receivables from registered and convertible bonds with a volume of up to approximately €120 million being contributed as contribution in kind.

The Federal Financial Supervisory Authority has granted the necessary exemption from the obligation to publish and submit a mandatory takeover offer under the German Securities Acquisition and Takeover Act, known as the restructuring exemption. This exemption applies in the event that the Versorgungsanstalt des Bundes und der Lander or companies affiliated with VBL gain control of the Company as part of the restructuring capital increase. The restructuring concept was initially presented on September 1, 2025, and this meeting represents the next critical phase in implementing the company's recovery strategy.

The approval of this capital increase is crucial for Deutsche Konsum REIT-AG's financial stability and future operations. As a listed real estate company focused on German retail properties for everyday goods at established micro-locations, the successful implementation of this restructuring could determine the company's ability to continue its primary focus on acquiring, managing, and developing local supply properties. The company's shares are listed on the Prime Standard of the Deutsche Borse and on the JSE Limited in South Africa through a secondary listing.

This development matters because it represents a significant step in the company's efforts to stabilize its financial position and continue operations in the competitive German retail real estate market. The involvement of substantial bond receivables and the regulatory exemptions highlight the complexity and importance of this restructuring effort for shareholders and the broader real estate investment trust market. The outcome of this meeting could have lasting implications for the company's strategic direction and financial health in the coming years.