The implementation of all restructuring measures under the German Corporate Stabilization and Restructuring Act (StaRUG) was completed today by Accentro Real Estate AG. The Local Court Charlottenburg confirmed the restructuring plan on September 23, 2025, and the company has now executed all required actions to stabilize its financial position.
Key components of the restructuring included amendments to the terms and conditions of both the 2020/2026 bond and the 2021/2029 bond, as previously announced in the company's July 25, 2025 statement. These bond modifications represent critical financial adjustments that will help ensure the company's continued operations in Germany's competitive residential real estate market.
Significant governance changes accompanied the financial restructuring, with Paul Sisak and Dr. Nedim Cen now serving on the Supervisory Board. The court is expected to appoint Richard Lewis as the third supervisory board member, completing the leadership team that will guide the company forward. This restructuring success establishes a foundation for Accentro's long-term stability and positive business development following a challenging period.
The completion of this restructuring matters significantly because Accentro represents a major player in Germany's residential real estate sector, particularly in residential privatization. As market leader in this specialized segment, the company's financial health impacts housing availability and ownership opportunities across multiple German regions. The successful implementation of court-approved restructuring measures prevents potential disruptions in the residential real estate market that could have affected both private homeowners and institutional investors.
Accentro's business activities span three core areas: tenant-oriented flat sales to private owner-occupiers and investors, portfolio sales to institutional investors, and property management services for both owned and third-party properties. The company maintains regional focus in Berlin, major central German cities, conurbations, and the Rhine-Ruhr metropolitan region, making its stability crucial for housing markets in these economically significant areas.
With shares listed in the General Standard segment of the Frankfurt Stock Exchange, the company's restructuring completion signals positive momentum for real estate investments in Germany. The constructive cooperation from creditors, shareholders, employees, and other stakeholders throughout the process demonstrates confidence in Accentro's revised business model and future prospects in the German residential property sector. More information about the company is available at https://www.accentro.de.
