Branicks Group AG announced that holders of its €400 million corporate bond, originally due in 2026, voted 99% in favor of restructuring the company’s liabilities, according to a release distributed via NEWMEDIAWIRE. The vote endorses the financial restructuring plan developed by the Company for Branicks and marks a critical step in stabilizing the German real estate specialist.
The restructuring sets September 30, 2030, as the new maturity date for a total of €375 million in liabilities arising from bonds, promissory note loans, and registered bonds. An additional €220 million will mature on September 30, 2028. The approval provides the company with a multi-year runway to address its debt obligations.
“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,” said Josef Schultheis, Chief Restructuring Officer at Branicks Group AG.
Following the creditors’ decision, technical requirements for implementation still need to be clarified in the coming weeks. The goal is for the restructuring plan to take effect by the end of the 2026 fiscal year, or by March 31, 2027, at the latest.
In a separate governance move, Branicks also announced the termination, by mutual agreement, of consulting agreements with MDC Matthias Danne Consulting GmbH and BLACKLAKE Management Partners GmbH. The managing directors of those firms are Supervisory Board members Dr. Matthias Danne and Dr. Johannes Conradi, respectively. Both firms have notified the company that they have each entered into service agreements with a company financed by the creditors.
Branicks Group AG, formerly DIC Asset AG, describes itself as a leading German listed specialist for office and logistics real estate with over 25 years of experience. As of June 30, 2026, it managed properties with a market value of €10.1 billion in its Commercial Portfolio and Institutional Business segments. The company’s shares are listed in the Prime Standard of the German Stock Exchange. For more details, visit www.branicks.com.
The creditors’ vote matters because it averts an immediate default and gives Branicks breathing room to execute its strategy amid a difficult market. The maturity extensions to 2028 and 2030 reduce near-term refinancing pressure, while the termination of the consulting agreements removes potential conflicts of interest tied to supervisory board members. The original release is available on www.newmediawire.com.
